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Micron workers in Taiwan to strike as bonus talks with chipmaker fail

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Micron workers in Taoyuan, Taiwan, are set to go on strike on Thursday, 22 October, after months of failed negotiations over how the US chipmaker shares its profits with employees. The union announced the planned walkout on Monday, Reuters reported. It has not said how long the strike will last, but promised to provide more […]

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World Bank backs ‘small AI’ on phones for poorer nations, Guardian reports

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The World Bank wants developing countries to build “small AI”, compact models that run on a mobile phone with a weak signal. Paschal Donohoe, the bank’s chief knowledge officer, said AI could speed up growth in emerging economies, but only if it fits local needs, the Guardian reported. Small AI uses specialised models trained on narrower […]

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Ericsson’s organic sales rise 7% as it merges its two Asian units

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Ericsson’s adjusted earnings before interest, taxes and amortisation (EBITA) came in at SEK 10.1bn ($1bn) in the third quarter. Analysts had expected SEK 7.93bn on average, according to data compiled by Bloomberg. The shares rose as much as 11% in Stockholm on Thursday, Bloomberg reported. It was their biggest intraday gain since 23 January, and […]

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Microsoft disrupts Chinese-language phishing kits behind 1bn scam messages

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Microsoft and Health-ISAC have seized and redirected domains behind three Chinese-language cybercrime services, YAM Store, CoGUI and Iron Man, Microsoft said on Wednesday. Since January 2026, the three services enabled more than 1bn malicious messages targeting over 75,000 organisations worldwide. More than 750 million of those messages targeted Microsoft customers, the company said. They targeted […]

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TSMC posts a sixth straight record profit but turns cautious on 2027

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TSMC made a record net profit of NT$763.1bn ($23.59bn) in the third quarter, up 69% on a year earlier. That beat the NT$746.3bn LSEG SmartEstimate, Reuters reported. Revenue rose 51% to NT$1.49tn, or 41.2% to $46.72bn in US dollar terms, according to TSMC’s results. Its operating margin was 58.7%. High-performance computing made up 68% of […]

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China’s CXMT swings to a nearly $20B profit as memory prices soar

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Chinese memory chipmaker CXMT expects a net profit of 131B to 132.5B yuan ($19.6B to $19.8B) for January to September, compared with a 5.3B yuan loss a year earlier. Revenue jumped to 265B to 270B yuan as AI demand caused memory shortages. Its chairman also proposed a share buyback of up to 2B yuan. Chinese […]

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China proposes export controls on its advanced AI models and chip designs

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China’s commerce and science ministries proposed adding 23 AI technologies, including large models, agents, chip designs, and computing clusters, to the country’s export control list. Open-source tech is exempt and overseas users can still access models through apps. A temporary export registration rule took effect on 16 October. China plans to limit exports of 23 […]

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Rakuten raises record ¥400B from bond sale driven by retail investors

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Rakuten priced ¥400B ($2.5B) of yen bonds on Friday, its largest yen bond sale, with ¥360B going to retail investors. The 5.5-year debt carries a 4.37% coupon. Japanese companies have sold about ¥3.2T of retail bonds this year, already above 2025’s record. Rakuten Group has priced ¥400B (about $2.5B) of yen bonds, its largest yen […]

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NTT Data reportedly nears deal to build Anthropic’s first Japan data centre

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TT Data Group is close to agreeing to a deal with Anthropic for a new data centre in Osaka, Nikkei Asia reported on Tuesday, citing multiple sources. It would be the first site in Japan built just for Anthropic, which makes the Claude AI models. TNW has not independently confirmed the report, and both NTT Data […]

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Japan steps up cyber warnings as data leaks hit millions of customers

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Japan’s government has told ministries, local authorities and companies to step up their cyber defences. A wave of attacks has exposed the data of millions of customers. The National Cybersecurity Office sent the instructions on Friday, the Associated Press reported. “The attacks are getting increasingly sophisticated,” Digital Transformation Minister Toshiharu Furukawa said this week. The […]

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