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World Cup Teams Are in a Race for AI Dominance Read More »
TD’s plan to monitor some staff has exposed a legal gap: in much of Canada, an employer can watch you work and owes you little more than a notice. Then Toronto-Dominion Bank told some of its staff that software would soon be watching how they worked, the employees did what most people do when handed […]
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Canadian workers have few defences against workplace surveillance Read More »
South Korean chip stocks rallied on Thursday after Micron Technology reported a record quarter and an upbeat outlook, reviving optimism that demand for AI memory will stay tight well into next year. The benchmark KOSPI rose about 4.1%, with the country’s two memory makers, which together account for more than 55% of the index, doing […]
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South Korean chip shares rally after Micron’s upbeat earnings Read More »
The US adhesives group has agreed a 285 pence-a-share cash offer for Advanced Medical Solutions, even as an activist shareholder demands it abandon the pursuit. H.B. Fuller, the St Paul, Minnesota adhesives maker, is closing in on a takeover of Advanced Medical Solutions Group, the AIM-listed British maker of wound-care and surgical-glue products, in a […]
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Europe’s largest cloud company posted faster third-quarter growth and reaffirmed full-year guidance, with its public cloud segment back above 20%. OVHcloud, the Roubaix-based group that France keeps nominating as Europe’s answer to the American hyperscalers, reported faster revenue growth in its fiscal third quarter on Thursday and reaffirmed its full-year guidance, helped by a public […]
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OVHcloud confirms its outlook as public cloud growth accelerates past 20% Read More »
I Met With China’s Top AI Experts. They’re Freaking Out, Too Read More »
Qualcomm Buys Buzzy Chip Startup Modular for Nearly $4 Billion Read More »
SK Hynix has filed to raise up to 45.45 trillion won, roughly $29bn, through a listing of American depositary receipts on Nasdaq, the South Korean memory maker disclosed in a regulatory filing on Wednesday. The company has tentatively set July 10 for the debut and intends to issue 17.79 million new shares to back the […]
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SK Hynix sets a $29 billion US listing that could top every ADR deal ever done Read More »
ByteDance is in preliminary talks with banks about an offshore loan of roughly $20bn, which would be the largest the TikTok owner has ever raised, Bloomberg reported on Wednesday, citing people familiar with the discussions. The company is said to be seeking a facility with a three-year tenor and an option to extend it to […]
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ByteDance seeks a record $20bn offshore loan to fund its AI build-out Read More »
Bob Iger’s Disney wanted Apple, Twitter, and 007 Read More »