South Korea’s $880 Billion Gamble: Samsung, SK Hynix Race to Dominate AI Chips and Robots

South Korea just dropped a bombshell. The government, together with its tech titans, plans to pour at least $880 billion into semiconductors, robotics and artificial intelligence over the next decade. The announcement landed Monday with President Lee Jae-myung chairing a high-stakes briefing alongside leaders from Samsung Electronics and SK Hynix. Speed matters here. Lee told […]

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Wall Street’s Expensive Bet: Surging Leverage Costs Threaten to Unravel the Stock Rally

The borrowed money propping up the U.S. stock market just got pricier. And traders are starting to feel the pinch. Record margin debt. Exploding assets in leveraged exchange-traded products. Hedge funds sitting on unprecedented equity exposure. These forces have strained the balance sheets of the big banks that finance much of the trading activity. The

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America’s Hard Road Back: Rebuilding the Factories That Sustain a Nation

America spent six decades pulling back from the factory floor. Executives chased lower costs overseas. Policymakers bet that a service economy would deliver peace and prosperity. The bet failed. Now the country stands at the start of what Atomic Industries CEO Aaron Slodov calls the American millennium. In an essay published today by Fortune, Slodov

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Qualcomm’s High-Stakes AI Pivot: From Phone Chips to Data Center Powerhouse

Qualcomm once defined itself by dominance in smartphone processors. Now the company bets its future on artificial intelligence that stretches from pocket-sized devices to warehouse-scale data centers. Executives laid out the vision in detail at the firm’s Investor Day in late June. They set ambitious financial goals and unveiled a new family of products under

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Apple’s Budget iPhone 18e Stays Stuck at 60Hz as ProMotion Remains Out of Reach

Apple continues to draw a firm line between its premium iPhones and the entry-level models. A fresh leak confirms the iPhone 18e will launch with the same 60Hz display technology found in today’s iPhone 17e. No variable refresh rate. No Always On capability. Just the basics. The information comes from Digital Chat Station, a Chinese

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Supreme Court Draws Line on Police Sweeps of Phone Location Data

The Supreme Court handed privacy advocates a significant win Monday. In a 6-3 decision, the justices ruled that police use of geofence warrants to collect smartphone location records from scores of innocent bystanders counts as a search under the Fourth Amendment. Justice Elena Kagan wrote for the majority in Chatrie v. United States. The opinion

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Apple Struggles to Use Chinese DRAM Chips in iPhones Amid US-China Tensions

Apple faces mounting challenges in securing approval to install Chinese-made memory chips in iPhones assembled within China, according to industry analysts and supply chain experts. The complications arise from a combination of national security reviews, export control policies from the United States, and Beijing’s own efforts to promote domestic semiconductor production. This situation highlights the

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Google Restricts Meta’s Access to Gemini AI Models Amid Competition Concerns

Google has placed limits on how Meta can access its Gemini artificial intelligence models for internal development work, according to a new report from Engadget. The decision highlights the growing tensions between major technology companies as they race to build advanced coding assistants while protecting their own competitive advantages. The restrictions reportedly prevent Meta from

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South Korea’s Household Debt Burden Eases Yet Risks Linger as Policymakers Tread Carefully

South Korea’s household debt once stood as one of the highest in the world relative to its economy. Figures peaked near 100% of gross domestic product in 2021. Yet fresh data show a decline. The ratio fell to 88.6% by the end of 2025. That marks the lowest level in more than six years. But

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Momenta’s Hong Kong IPO Tests Appetite for China’s Costly Push Into Robotaxis

Momenta has filed for its long-awaited listing in Hong Kong. The autonomous driving software developer aims to raise as much as $752 million. Shares could begin trading as soon as July 8. The move comes after years of heavy spending on technology that still produces losses. Founded in 2016, the Suzhou-based firm split its efforts

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