Samsung labor dispute could worsen memory chip supply problems

Tens of thousands of Samsung Electronics employees held a rally at South Korea’s Pyeongtaek campus on Thursday, indicating they are ready to walk off the job for an 18-day strike next month. The core of the conflict is over money. The union is calling on Samsung to remove caps on performance bonuses and direct 15% […]

Surveillance vendor caught abusing access to telecom companies to track location of people’s phones, researchers say

Security researchers have discovered two separate espionage campaigns that exploit known weaknesses in global communications infrastructure to track people’s locations. Researchers say these two campaigns are likely just part of what is believed to be a broader exploit by surveillance vendors seeking access to global phone networks. On Thursday, Citizen Lab, a digital rights organization […]

India’s app market is booming, but global platforms capture most of the profits

India’s mobile app market is experiencing record revenues, with in-app purchases exceeding $300 million in the first quarter, up 33% year-over-year, according to Sensor Tower, but much of that spending is flowing to global platforms. Non-gaming apps were the primary driver of growth in the first quarter, generating more than $200 million in in-app purchase […]

Tesla Increases Spending Plan to $25 Billion — Here’s Where the Money Is Spending

Tesla CEO Elon Musk began the company’s first-quarter earnings conference with a financial caution, or a warning, depending on how investors feel. Tesla’s capital spending will soar to $25 billion in 2026, according to its first-quarter earnings report, far exceeding its previous annual spending as it seeks to become an AI and robotics company ahead […]

Experience X’s new AI-powered custom feeds

It appears Bluesky isn’t the only company leaning into AI to help build custom feeds. In a spate of recent product releases, X this week announced the release of custom timelines powered by Grok. This allows you to drill down into one of over 75 specific topics through a curated feed that you can pin […]

Tesla’s Q1 revenue boosted by EV sales and FSD subscriptions

Tesla posted higher sales and profits year-over-year, with numbers supported by higher auto revenue and other services, including 1.28 million active subscriptions for fully self-driving (supervised) advanced driver assistance systems. Tesla shares rose 4% in after-hours trading after the company announced its first-quarter results, mainly due to a surge in free cash flow and year-over-year […]

How SpaceX pre-empted $2 billion in funding with a $60 billion acquisition offer

Hours before SpaceX announced a deal giving it an option to acquire Cursor, a maker of AI-powered coding software, for $60 billion, Cursor was expected to close a $2 billion funding round later this week, according to people familiar with the matter. This round would have valued the company at $50 billion. SpaceX said it […]

Google Cloud launches two new AI chips to compete with Nvidia

Google Cloud announced Wednesday that its 8th generation of custom-built AI chips, or tensor processing units (TPUs), will be split in two. One chip, named TPU 8t, is dedicated to model training, and the other chip, TPU 8i, is intended for inference. Inference is the continued use of the model, what happens after the user […]