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South Korea fined Samsung for exposing workers to radiation - more penalties expected

South Korean regulators have confirmed that Samsung violated nuclear safety regulations and exposed workers at a semiconductor manufacturing plant to radiation. The Nuclear Safety Commission imposed an administrative fine of 10.5 million won ($7,900...

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A new California law will force digital stores to come clean: they don't sell, just license content

Digital stores will be prohibited from using terms like "buy" or "purchase" unless they disclose licensing terms. California Governor Gavin Newsom has signed law AB 2426 aimed at combating the "disappearance" of digital purchases. This new regulatio...

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The number of "closed" FLPs in Ukrainian IT grew by 157%, while registrations of new ones fell by 20%

According to YouControl (via Highload), the Ukrainian IT sector is experiencing a decline in the registration of new sole proprietors — for instance, the total dropped to 9.1 thousand during the summer (a decrease of 21% compared to last year and 48%...

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"The future of PlayStation": the failed Concord was invested with $400 million and high hopes

The disastrous launch of Concord continues to generate intriguing stories. With the game's closure, Sony PlayStation has incurred significant losses. Before its shutdown, the shooter managed to sell 30,000 copies and was reportedly valued at $200 mi...

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Black hole sucks in money: Microsoft pays $1 billion a year for Xbox Game Pass games

According to sources, Microsoft is investing $1 billion to ensure that third-party games are included in Xbox Game Pass. Among the many renowned brands with multimillion-dollar contracts are several well-known names. As reported by Bloomberg in an e...

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Qualcomm wants to buy Intel - the company is now worth $90 billion

In recent days, mobile processor manufacturer Qualcomm has expressed its intention to acquire Intel. This was reported by The Wall Street Journal citing informed sources. The acquisition of Intel, which has a market value of approximately $90 billion...

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Nintendo and The Pokémon Company are suing the developers of Palworld

Nintendo and The Pokémon Company have filed a patent lawsuit against the developers of the game Palworld, accusing them of violating intellectual property rights. On September 18, 2024, Nintendo and The Pokémon Company approached the Tokyo District...

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Intel separates unprofitable chip manufacturing division into a subsidiary

Intel is seeking to improve its financial standing through restructuring. To this end, the company is transforming its chip manufacturing business into an independent subsidiary. Intel revealed its plan in a memo to employees from CEO Pat Gelsinger, ...

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"In 2025, FLPs will again be obliged to pay UST," - the head of the tax committee of the VR

The suspension of the provision in the Law on the Unified Social Contribution (USC), which allowed individual entrepreneurs to pay it voluntarily during the war, is outlined in paragraph 3 of the final provisions of the state budget project. This wa...

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Blame: Amazon along with Samsung, Xiaomi and others have monopolized 90% of the world's second smartphone market

Samsung, Xiaomi, and other manufacturers have colluded with Amazon and Flipkart (owned by Walmart) in India. Smaller retailers do not have access to the latest smartphones. Samsung and Xiaomi are two of the largest players in the Indian smartphone m...

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"An alternate universe where Half-Life disappeared" - how Valve avoided disaster in the early years

Today, everyone knows Valve's gaming hit Half-Life, and most PC gamers are aware they are using Steam. However, things might have turned out quite differently. Monica Harrington was Valve's chief marketing strategist in its early years. She states t...

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AMD disrespects laptop makers - cold war led to billions of dollars in losses

Sources within the OEM laptop manufacturers indicate a decline in AMD's technical support. This is attributed to the company's shift towards corporate solutions rather than consumer products. The consulting firm AC Analysis claims that AMD's focus sh...

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Microsoft is laying off another 650 workers in its gaming division - this is in addition to the 1,900 laid off in January

Microsoft is set to lay off nearly 650 employees from its gaming division, as announced by Xbox leader Phil Spencer in a letter to staff. According to Game File, Spencer referred to the day as "one of the most challenging." He explained that the dec...

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Ex-Samsung executives arrested for leaking $3.2 billion worth of secrets to China

The South Korean police have detained two former executives of Samsung on suspicion of illegally transferring commercial secrets worth $3.2 billion to China. One of those arrested, 66-year-old Mr. Choi, established a joint venture for chip manufactur...

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Blow to tech giants: EU court orders Apple to pay €13 billion in taxes and Google to pay €2.4 billion in fines

The European Court has upheld the legality of multibillion-euro fines against tech giants Apple and Google, reinforcing the EU's stance against monopolies. The Court of Justice of the European Union in Luxembourg ruled against Apple and Google regar...

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