
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates
Jan 15, 2026 01:18 am UTC| Business Technology
Taiwan Semiconductor Manufacturing Co (TSMC), the worlds largest contract chipmaker and a critical supplier to Nvidia and Apple, is expected to deliver a record-breaking fourth-quarter profit, driven by surging global...

Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits
Jan 15, 2026 01:00 am UTC| Business Law
Boeing has reached tentative settlements with a Canadian man who lost six family members in the 2019 Ethiopian Airlines Flight 302 crash involving a 737 MAX jet, marking another step in resolving the long-running legal...

U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China
Jan 15, 2026 00:12 am UTC| Business Technology Politics
U.S. lawmakers and former national security officials are voicing strong concerns over President Donald Trumps decision to allow Nvidia to resume sales of its advanced H200 artificial intelligence chips to China, warning...

Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities
Jan 14, 2026 06:01 am UTC| Business Technology Law
Title: Taiwanese prosecutors have issued an arrest warrant for Pete Lau, the chief executive officer of Chinese smartphone maker OnePlus, accusing him of involvement in illegal business operations and recruitment...

Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive
Jan 14, 2026 05:57 am UTC| Business Technology
Chinese artificial intelligence startup Zhipu AI has unveiled a new open-source image generation model, marking a significant milestone in Chinas push for technological self-reliance. The model, called GLM-Image, was...

Saks Global Files for Bankruptcy Protection Amid Mounting Luxury Retail Pressures
Jan 14, 2026 05:51 am UTC| Business
High-end department store conglomerate Saks Global has filed for U.S. bankruptcy protection, marking one of the largest retail collapses since the COVID-19 pandemic and raising fresh concerns about the future of luxury...

Coca-Cola Shelves Costa Coffee Sale After Low Private Equity Offers
Jan 14, 2026 05:48 am UTC| Business
Coca-Cola has reportedly abandoned its plans to sell Costa Coffee, its global café chain, after bids from private equity firms failed to meet expectations. According to a report by the Financial Times, the U.S....