Samsung's Seocho building in Seoul on Tuesday. The electronics company said that its first-quarter operating profits had risen nearly tenfold year-on-year — a 931.8 percent increase — amid recovering chip prices and growing demand.
BUSINESS / Tech
Apr 30, 2024
Samsung says AI to drive technology demand in second half after strong Q1
The upbeat outlook sent its shares 1.8% higher after it reported a more than 10x rise in first-quarter operating profit.
TikTok raised eyebrows last month when it mobilized users to petition against a potential ban, demonstrating its influence on Americans.
BUSINESS / Tech
Apr 30, 2024
TikTok and Tesla just the start of U.S.-China clash over Big Data
Data security is again taking center stage in the intensifying rivalry between the U.S. and China.
Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric-vehicle maker in Beijing on Feb. 4.
BUSINESS / Tech
Apr 29, 2024
Tesla clears key regulatory hurdles for self-driving in China
Tesla is said to have reached an agreement with Baidu to use the Chinese tech giant's mapping license for data collection.
A key aspect of AI technology that is often forgotten is that it requires an enormous amount of energy to develop and run. And that’s where utilities come in.
BUSINESS / Tech / FOCUS
Apr 28, 2024
AI boom’s secret winners? The companies expected to power it
Across the U.S., utilities are preparing for historic increases in electricity demand led by data centers and AI.
Apple and OpenAI have begun discussing terms of a possible agreement on how some artificial intelligence features would be integrated into the next iPhone operating system, sources have said.
BUSINESS / Tech
Apr 27, 2024
Apple intensifies talks with OpenAI for iPhone generative AI features
The latest development comes about a month and a half before an Apple conference where it's poised to introduce new AI software and services.
TikTok accounts for a small share of ByteDance's total revenues and daily active users, so the parent would rather have the app shut down in the U.S. in a worst-case scenario than sell it to a potential American buyer, sources said.
BUSINESS / Tech
Apr 26, 2024
ByteDance prefers TikTok shutdown in U.S. if legal options fail, sources say
A shutdown would have limited impact on its business, and it would not have to give up its "secret sauce" — the algorithm that pushes videos to users.
While some publicly traded bitcoin mining companies release details of their energy use, there is no reliable data on exactly how much electricity the industry as a whole consumes.
BUSINESS / Tech / ANALYSIS
Apr 25, 2024
Bitcoin miner environmental battles heat up in U.S.
As cryptocurrency groups work to shield mines from local regulations, U.S. President Joe Biden proposed an excise tax on bitcoin energy use.

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Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces