Samsung Hits $1 Trillion Valuation, Joining TSMC in Elite Club

The milestone came as Samsung’s shares rallied 14 percent on Wednesday, making it only the second Asian firm after Taiwan Semiconductor Manufacturing Co. to hit the mark. Samsung’s gain also boosted the Kospi benchmark by more than 6 percent, driving it above the 7,000 level for the first time.

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Coinbase Layoff: 14 Percent of Workforce Fired, CEO Cites Market Volatility and AI Adoption

Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees. The company CEO, Brian Armstrong, announced the decision publicly on Tuesday, citing market volatility and artificial intelligence (AI) acceleration as the main reasons. This is the second layoff from the company, after it cut 18 percent of the j...

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Realme 16T 5G Tipped to Launch in India Soon as Leaked Marketing Image Suggests Design, Colourways

A marketing image of the Realme 16T 5G has leaked online, indicating that the handset will launch in India soon. The render shows the phone in blue and red colour options with a square-shaped rear camera module. The Realme 16T 5G is likely to feature a larger battery and improved rear camera capabilities. It will arrive as a successor to the Realme 15T. It could shi...

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