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Not everyone at NVIDIA is a millionaire - shares have to be sold, says a programmer with a salary of $250,000 a year

An employee at NVIDIA, who earns $250,000 per year, said that the company's earnings are not as rosy as some may think. He anonymously told Business Insider that while some NVIDIA employees may be lucky enough to become millionaires, it is not always...

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Netflix will stop reporting subscriber counts - starting April 2025

Netflix has released its report for the first quarter, and the most interesting aspect of it: the profit has significantly increased, mainly due to successful efforts in combating password sharing and introducing an ad-supported plan. The largest on...

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Crisis, competition, war: Samsung moves executives to a six-day work week

Samsung Corporation has decided to switch all department heads to a six-day work week to tackle the current crisis. According to The Korea Economic Daily, this is due to the company's low financial performance...

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TSMC will increase prices for chips manufactured outside of Taiwan ─ this will likely drive up the cost of end devices

TSMC is the world's largest chip manufacturer, and its products are found in a wide range of devices, from phones to gaming consoles and computers. However, devices using TSMC chips may soon become more expensive if manufacturers decide to buy those ...

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TSMC powers Taipei suburbs from its own generators - Taiwan government asked for help

The company TSMC shared the energy from its backup power generators with the state energy company of Taiwan, Taipower, to help avoid power outages, according to the Taiwanese publication Commercial Times. This happened after a recent 7.4 magnitude ea...

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"NVIDIA's Pension Fund: How the company's stock makes its employees millionaires

The experience of helping to develop a successful company vividly illustrates the example of NVIDIA employees. One of them, a "middle-level" employee, accumulated a fortune of $62 million through receiving company stock options. Such an option can be...

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Multi-million dollar developer profits on Apple App Store in recent days turned out to be a bug

Some developers had an anxious morning, as a bug in the App Store Connect displayed millions in revenue from their apps for a while. App Store Connect provides developers with statistics and analytics related to their apps. Although the system is qui...

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Waste and layoffs: Spotify invited employees to a massive party and then fired 1,500 of them - and that's not all

Some employees believe that Spotify spends too much on parties and events, especially during the layoffs of thousands of people and the declared reduction of additional expenses. According to Business Insider, 14 current and former anonymous company ...

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A significantly thinner Gabe Newell has created a neurointerfacing company called Starfish

It seems that Valve's CEO Gabe Newell is currently interested in a new project. On the Starfish company website, which is involved in the development of neurointerfaces, in the "Our Team" section, among others, you can also find a photo of Gabe Newel...

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Monte's cyber sports team was not released for an international tournament in China

The Ukrainian esports team Monte was unable to leave the country to participate in the tournament. This was stated in a message on the team's official Instagram account. "Unfortunately, despite all our efforts, we were unable to cross the border of ...

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Samsung regained its lead in the smartphone market - Apple held on for five months

Samsung Electronics regained leadership in global smartphone sales just five months after losing to Apple. According to official data, the comeback was due to the release of the new Galaxy S24 smartphones with artificial intelligence features. Last ...

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Mark Zuckerberg became the third richest man in the world with $186.9 billion and surpassed Ilon Musk

Mark Zuckerberg has surpassed Elon Musk and has become the third richest person in the world. In early March, Musk was in first place in the Bloomberg billionaire index, but dropped to fourth after news of his canceled exit (which Musk later denied)....

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Samsung will invest $44 billion (instead of $17 billion) in chip manufacturing in Texas

Samsung Electronics plans to increase its investments in chip production in Texas to around $44 billion, according to informed sources. The company will focus most of these new expenses around the city of Taylor, where it is already building a semic...

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Huawei generated $97.48 billion in revenue and $12.05 billion in profit - business recovers from 2019 U.S. sanctions

In 2023, Huawei Technologies demonstrated the fastest revenue growth in the past 4 years. This was achieved thanks to the recovery of the consumer segment and income from new activities, such as components for smart cars. All this accelerated its rec...

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Canadian school boards sue TikTok, Meta and SnapChat - platforms are interfering with children's lives and education

Four of the largest school boards in the Canadian province of Ontario have initiated legal proceedings against TikTok, Meta, and SnapChat, alleging that social media platforms are disrupting the learning process. The plaintiffs are seeking damages ex...

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