FTX files lawsuit against former CEO, seeking to recoup more than $1 billion, and alleging funds were used to cover his legal defence
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TSMC Delays Production At Arizona Fab, Amid Skills Shortage
Production start at vaunted Arizona chip factory pushed back a year by TSMC, due to shortage of skilled workers
US Chip Group Warns Against More China Sanctions
Semiconductor Industry Association urges US government to halt new chip sanctions on China until it has conferred with industry and experts
Intel’s Gelsinger Concludes China Trip Amidst Tensions
Intel chief Pat Gelsinger concludes trip to China as company launches modified AI chip for local market amidst tightening export restrictions
PC Shipment Decline Slows In Q2, Says Gartner
Gartner PC shipment results mirror Canalys data, after finding a 16.6 percent shipment decline in the second quarter
IBM Mulls Use Of AI Chip To Lower Watsonx Cloud Service Cost
In an effort to lower cost of Big Blue's new cloud AI and data platform watson.x, IBM considers use of in-house AI chip
Trial Begins Of Samsung Executive Accused Of Stealing Chip Secrets
Trial begins in South Korea of former executive who allegedly attempted to use Samsung secrets in China chip plant deal
Nvidia In Talks To Be Anchor Investor In ARM – Report
GPU powerhouse reportedly in talks with British chip designer ARM, ahead of its September floatation in New York
Judge Declines FTC Injunction In Microsoft Activision Blizzard Purchase
Federal judge in San Francisco denies FTC preliminary injunction to halt Microsoft from acquiring Activision Blizzard by 18 July
PC Shipment Decline Slows In Q2, Says Canalys
Good news. Global PC market decline has eased as shipments drop 12 percent in Q2 2023, Canalys research finds
Microsoft Confirms More Job Losses
Software giant Microsoft confirms it is axing more staff, in addition to the 10,000 job losses announced in January
Foxconn Abandons Indian Chip Joint Venture, Seeks New Project
Blow to India? Taiwan's Foxconn abandons $19.5 billion chipmaking joint venture with Vedanta, but seeks local incentives for new project
Sir Jony Ive’s First Post Apple Hardware Product Is Record Player
Apple's former chief designer Sir Jony Ive designs a 50 year special edition turntable for vinyl records, and it is not cheap!
EU Agrees US Trans-Atlantic Data Sharing Deal
European Commission on Monday adopts its “adequacy decision for the EU-US Data Privacy Framework”, but legal challenge is threatened
Samsung Warns Of 96 Percent Q2 Profit Plunge
Ongoing glut in chips sees Samsung warn that its second quarter profits are likely to plunge a staggering 96 percent
Broadcom Signals $1 Billion Investment In Spain
CEO of American Broadcom manufacturer confirms $1 billion investment into EU program to develop chip industry in Spain
China Releases Open Source Operating System
First home grown open source operating system released by China, amid escalating trade war with the US and the West
Chinese Chip Material Export Retaliation ‘Just A Start’
Trade war escalation. Chinese trade policy advisor warns Beijing's export restrictions on gallium and germanium are “just a start”
China Orders Export Restrictions On Chip Materials
China introduces restrictions on gallium and germanium, critical for chip and communications manufacturing, amidst worsening trade tensions
Research Finds AMD AI Chip Rivals Nvidia Dominance
Tests by AI firm find AMD AI chip MI250 reaches 80 percent of performance of Nvidia A100 with path to equivalency amidst booming demand
Jailed S Korean Chip Executive Protests Innocence
Jailed former Samsung executive denies stealing chip industry secrets as South Korean prosecutors plan to begin trial later this month
Netherlands Blocks More Chip Equipment Sales To China
Netherlands introduces further chip equipment export restrictions ahead of expected tightening of US rules, as allies target China
CMA Begins Phase Two Probe Of Adobe’s Figma Acquisition
UK regulator deepens investigation into Adobe’s ‘transformative’ deal to buy collaborative design start-up Figma
Google To Withdraw News In Canada After New Law
Search engine giant Google becomes second tech firm to block news on its platform in Canada, after new law passed
Lack Of Reliable Tech Blamed For Poor Productivity, Apogee Finds
New research from Apogee finds nearly half of staff blamed lack of access to right workplace technology for fuelling negativity
South Korea Claims Former Samsung Employee Stole Chip Secrets
Indictment by South Korean prosecutors claims former Samsung employee tried to use stolen Samsung secrets in China chip plant deal
Japan Buys Out JSR As It Drives Chip Equipment Sector
Japanese government to buy out chip materials maker JSR as it seeks to take advantage of US-China tensions to boost domestic edge
Apple Violated NYC Store Workers Union Rights, Judge Rules
Bad Apple in the Big Apple. Firm engaged in union busting activities with its store staff in New York City, NLRB judge rules
Intel Restructures Manufacturing Business, Shares Slide
During investor update, Intel confirms manufacturing business will work like a separate unit as part of Pat Gelsinger's foundry plan
FTC Sues Amazon For ‘Duping’ Customers With Prime Subscriptions
American regulator sues Amazon, alleging ‘deceptive’ Prime sign-up and cancellation process for millions of customers