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SK Hynix raises $26.5B in the biggest foreign IPO in US history, is urged to build new US fabs
The AI chip boom just produced its biggest Wall Street moment yet. Now SK Hynix and Samsung are being asked to build U.S. factories.
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China is catching up to Elon Musk’s reusable rockets
China’s state-owned space company recovered its first orbital rocket booster after launch.
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CEO under fire for mass layoffs amid foreign worker hiring spree now appointed to Fed’s task force on jobs
Asha Sharma was appointed to a Federal Reserve task force on productivity and jobs just days after XBOX announced 1,600 layoffs amid H-1B visa scrutiny.
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Ann Widdecombe found dead in manhunt; mayor killed by tractor; Ryanair horror
Police hunt a killer after ex-MP Ann Widdecombe was found dead with head wounds, a Newcastle-under-Lyme mayor died in a tractor collision, and a Ryanair passenger was partly sucked from a shattered window.
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Ann Widdecombe found dead in manhunt; Ryanair passenger sucked from jet window
Police hunt a killer after ex-MP Ann Widdecombe is found dead in Devon, while a Ryanair passenger survives being sucked partway from a shattered window; plus beach-party bans and a Palworld release.
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Disney Plus is reportedly looking into a free streaming tier
Disney is reportedly exploring the introduction of a free, ad-supported-style streaming tier for Disney Plus, according to a report from Business Insider. The idea was said to have been raised by Adam Smith, Disney’s chief product and technology officer, during a company town hall on Thursday, and is described as part of ongoing discussions about…
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Edwards leaves football chief role with Liverpool owners FSG
Liverpool owners Fenway Sports Group announce the departure of Michael Edwards, the company’s chief executive of football.
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Xbox After The Layoffs: Studios Left And What They’re Making
This week saw sweeping layoffs and Xbox divesting itself of five studios, shaking up the company once again. Xbox went on a massive buying spree throughout the 2010s and 2020s, but following the costly acquisition of Activision Blizzard and making big bets on Xbox Game Pass that haven’t seemed to pay off–as well as rising…