SK Hynix is launching a Nasdaq listing expected to raise about $28 billion, giving US investors easier access to one of the biggest beneficiaries of the AI memory-chip boom. Reuters reports: The company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq. Ten ADRs will represent one common share and the stock will be… Read More »
The long-running SCO/IBM Unix and Linux ownership dispute has resurfaced yet again, this time through SCO successor Xinuos, which is trying to pursue old license and copyright claims tied to Project Monterey. "The core issue seems to be whether Xinuos even has the right to litigate the matter, or if some ancient legalese in the original agreements… Read More »
An anonymous reader quotes a report from Ars Technica: Anthropic quickly removed a tracker secretly monitoring Claude Code users in China after a security researcher exposed the hidden code and condemned the spyware-like tracking as a "serious breach of user trust." Last week, a web developer known as "Thereallo" was researching privacy issues in… Read More »
Microsoft is laying off about 4,800 employees, including 1,600 from Xbox, as it restructures around AI investments and tries to reset its struggling gaming business. "Our business is changing because the world around it is changing. The way technology is built, deployed, and used is transforming faster than at any point in my time here," said Amy… Read More »
Nintendo will stop selling the original Switch in Europe in mid-February 2027, nearly 10 years after the console's launch. In its place, the company will release updated versions of the Switch 2 and several controllers with user-replaceable batteries to comply with new EU regulations. The Verge reports: The news comes as Nintendo is making a bunch… Read More »
Americans now spend an average of 35 minutes a day socializing, down from 45 minutes two decades ago, according to American Time Use Survey data. The decline spans all age groups but is sharpest among 15- to 24-year-olds, whose daily socializing has fallen from about an hour to 35 minutes. Axios reports: Sociologists and psychologists point to… Read More »
Australia plans to double fines for social media platforms that fail to keep under-16s off restricted services, after regulators found 70% of children with accounts remained active three months after the ban took effect. The government says the changes will also give the eSafety Commissioner more power to demand information from platforms and… Read More »