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SK Hynix Spends Billions on Advanced Chip Machine for New Products

Key Points: SK Hynix is buying an advanced extreme ultraviolet (EUV) scanner. The machine costs a massive 11.95 trillion won ($7.97 billion). The purchase is from ASML Korea, a top supplier of chip-making equipment. This move prepares SK Hynix for mass production of its next-generation products. SK Hynix, a major player in the memory chip world, is making a huge investment. The company announced on...

Jury Struggles to Reach Verdict in Landmark Social Media Addiction Trial

Key Points: A Los Angeles jury told the judge they cannot agree on a verdict for one of the defendants. The high-profile trial targets tech giants Google and Meta over social media addiction. The plaintiff is a young woman who claims she became addicted to YouTube and Instagram. If the jury fails to reach a unanimous decision, the entire case will require a retrial. A...

European Broadcasters Demand Strict Tech Rules for Smart TVs and Virtual Assistants

Key Points: Major European broadcasters want smart TVs and virtual assistants treated as tech "gatekeepers." The companies targeted include major brands such as Google, Amazon, Apple, and Samsung. Broadcasters fear that these tech giants control too much of the audience and content distribution. The industry group specifically warned about the growing power of AI assistants like Alexa and Siri. A massive fight is brewing between...