Business

End of an era as Japan's Panasonic exits chip business

Japanese electronics giant Panasonic said Thursday it was exiting the semiconductor business, selling its loss-making subsidiary to a Taiwanese firm as it struggles with intense competition from China and South Korea.

Machine learning & AI

Human extinction threat 'overblown' says AI sage Marcus

Ever since the poem churning ChatGPT burst on the scene six months ago, expert Gary Marcus has voiced caution against artificial intelligence's ultra-fast development and adoption.

Business

Oracle 'very close' to deal on TikTok: Trump

Silicon Valley tech giant Oracle is "very close" to sealing a deal to become the US partner to Chinese-owned video app TikTok to avert a ban in the United States, President Donald Trump said Tuesday.

Business

Chinese e-commerce giant JD soars on Hong Kong debut

Chinese e-commerce giant JD.com soared nearly six percent on its Hong Kong debut Thursday, after raising almost $4 billion in an initial public offering that was the world's second-biggest this year.

Business

DoorDash takes aim at Europe with purchase of Wolt

DoorDash has added Europe to its menu with the purchase of Finland-based food delivery firm Wolt in an all-stock deal valued at $8.1 billion, the company announced Tuesday.

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