Comcast to spin off NBCUniversal and Sky into separate publicly traded company, splitting media and technology businesses

Samsung and SK Hynix lead South Korean firms pledging 1,350 trillion won ($880B) for chips and data centers to sustain AI edge

South Korean firms including Samsung and SK Hynix will spend at least 1,350 trillion won ($880 billion) on chips and data centers as the country seeks to maintain its edge in the AI era.

British American Tobacco plans 20% workforce reduction in AI-driven transformation to cut costs amid regulatory challenges and delayed product launches

British American Tobacco said it plans to reduce its workforce by about 20%, as it pushes ahead with an AI-driven transformation program to cut costs and bolster profits amid regulatory challenges and delayed launches.

CXMT signs >20bn yuan contract with Tencent. The deal underscores growing collaboration between China's memory chip maker and the tech giant.

CXMT has signed a multi-year contract worth more than 20 billion yuan with Tencent.

South Korea aims to double semiconductor production capacity in Seoul region over next five years

South Korea aims to expand semiconductor production capacity in the Seoul region twofold over the next five years.