ASML, a key player in the chip industry, recently shared some interesting insights. Its CEO mentioned that China might be able to produce chips using the advanced 5nm and 3nm nodes, but only on a small scale. He explained that this would be done using older technology, which is a bit like trying to
Luxembourg has thrown its weight behind OQ Technology, pumping millions into the startup's satellite project. The investment, part of OQ Tech's 30 million euro Series B funding round, aims to boost the tiny country's space industry. OQ Tech plans to launch 20 more satellites by the end of next year
In the ever-growing creator economy, brand partnerships are a top way to earn money. While other methods like affiliate links and subscriptions exist, the challenge lies in matching brands with the right creators. Enter Passionfroot, a Berlin-based startup aiming to streamline this process. Founded
Have you ever wondered why some companies seem to lose their best people? Samsung's foundry business is facing a crisis right now. Many employees are leaving, hoping for better opportunities elsewhere. Recently, about 200 engineers from Samsung applied for just three jobs at SK hynix. That's a lot o
HSBC has made a big change. They've picked Pam Kaur to be their first female Chief Financial Officer (CFO). This is a big deal for the bank, as it's been a while since they made such a significant leadership switch. Pam will start her new job on January 1st, taking over from Jon Bingham who was temp
The Wall Street Journal and The New York Post's parent company, News Corp, have filed a lawsuit against Perplexity AI. They claim the Jeff Bezos-backed startup copied their news articles without permission. The lawsuit, filed in Manhattan federal court, accuses Perplexity of using copyrighted materi
You know those online reviews you trust so much? Well, the Federal Trade Commission (FTC) has just made it illegal to fake them. Starting this week, businesses and individuals who create, buy, or sell fake reviews will face serious consequences. The aim? To keep the market fair and honest. Fake revi
Gabe Newell, a former Microsoft programmer and technical executive, co-founded Valve in 1996 with Mike Harrington. Their first game, Half-Life, sold 2. 5 million copies in just one year, putting Valve on the map and making them millions. Fast forward to today, Gabe Newell's net worth is estimated at
In the heart of Camden, South Carolina, a legal battle is brewing over a proposed housing development. Carlyle Development, the company behind the project, has filed a lawsuit against the City of Camden, its Planning Commission, and Kershaw County. The lawsuit, which runs 23 pages, accuses the city
China is in a unique situation when it comes to its transportation network. It has the world's longest high-speed rail system and one of the biggest aviation industries. The government has been investing heavily in high-speed trains, connecting cities in just a few hours. This isn't something privat
