Business

SK Hynix in $9 bn deal for Intel's flash memory chip business

The world's second-largest chipmaker, South Korea's SK Hynix, announced a record $9 billion deal Tuesday to buy Intel's flash memory chip operation as it seeks to bolster its position against rival behemoth Samsung Electronics.

Security

Hospitals hit hardest by ransomware attacks, study says

Ransomware attempts jumped 50% in the last three months, over the first half of 2020, and hospitals and health care organizations were the hardest hit, according to a new study by Check Point research.

Automotive

US auto sales drop less than expected in Q3

Automakers reported better-than-expected third-quarter US auto sales Thursday, pointing to strong demand for trucks and a boost from low interest rates.

Energy & Green Tech

EU share of electric cars grew during virus lockdown months

The market share of electric cars in Europe increased during and immediately after the worst of the pandemic lockdowns, industry figures showed Thursday, even as overall sales of vehicles of all types plunged during the second ...

Business

Amazon creates 7,000 UK jobs as virus fuels online demand

Amazon will create 7,000 permanent jobs in the UK by the end of the year, the US e-commerce giant announced Thursday as the coronavirus pandemic fuels online shopping while hurting bricks-and-mortar businesses.

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