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Nvidia supplier SK Hynix to invest $3.87 billion in US chip packaging plant

SEOUL (Reuters) - SK Hynix, the world's second-largest memory chip maker, said on Wednesday it will invest around $3.87 billion to build an advanced packaging plant and research and development

Meta’s WhatsApp down for thousands, Downdetector shows

(Reuters) -Meta Platforms-owned WhatsApp was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com. There were about 12,000 incidents of U.S. users reporting

ASML, computer chip firms testify to parliament on tax, policy needs

By Toby Sterling THE HAGUE (Reuters) - A group of eight companies led by Europe's largest tech firm ASML on Wednesday asked the Dutch parliament to back policies that will boost the country's chip

Two plead guilty to insider trading in Kodak before Trump loan announcement

By Jonathan Stempel NEW YORK (Reuters) - A former pharmaceutical executive and his cousin pleaded guilty on Wednesday to insider trading in Eastman Kodak, based on tips that the company was arranging

Two plead guilty to insider trading related to Trump Media merger

By Jody Godoy NEW YORK (Reuters) -Two men pleaded guilty on Wednesday to insider trading in securities in the company that ultimately took former U.S. President Donald Trump's media business public.

EU’s Vestager may act if Microsoft’s poaching of Inflection staff signals wider trend

By Foo Yun Chee BRUSSELS (Reuters) - EU regulators have noted Microsoft's hiring of most of artificial intelligence startup Inflection's staff including its co-founders and may act if other companies

Factbox-US, Canadian companies kick off 2024 with layoffs

(Reuters) -Companies in the United States and Canada have kicked off 2024 with thousands of job cuts across sectors, signaling that the spate of layoffs seen in 2023 could persist as they scramble to

TSMC halts work at construction sites in Taiwan after earthquake

(Reuters) - Taiwan Semiconductor Manufacturing Co, the world's biggest contract chipmaker, said on Wednesday it has suspended work at its construction sites in Taiwan as a fallout of the 7.2 magnitude

Investor in company that took Trump Media public pleads guilty to insider trading

By Jody Godoy NEW YORK (Reuters) - An early investor in the company that took former U.S. President Donald Trump's media business public pleaded guilty in Manhattan on Wednesday to a federal insider

Taiwan quake to hit some chip output, disrupt Asia supply chain, analysts say

By Yelin Mo and Brenda Goh BEIJING (Reuters) -Taiwan's biggest earthquake since 1999 is likely to cause some disruption across Asia's semiconductor supply chain, analysts said, after chipmakers from

On Camera

BJP has a problem of plenty in Phase 2. It can only go down from that

BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.

Kotak Mahindra Bank shares drop 10% after RBI bans it from taking new customers via digital channels

The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.

Rafale to Exercise Garuda, a look at Indo-French defence ties as Chief of Defence Staff visits France

Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.