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Samsung awarded $6.4 billion CHIPS Act grant to build ‘semiconductor ecosystem’ in Texas

Samsung awarded $6.4 billion CHIPS Act grant to build ‘semiconductor ecosystem’ in Texas

The Biden administration just announced a preliminary agreement to award Samsung up to $6.4 billion in grants as part of CHIPS Act funding. This money will complement the $44 billion in private investment that the company has promised to spend in the state to build a “semiconductor ecosystem.” This money will be spent to finish a “leading-edge” campus in Taylor,…
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Meta is shutting down Threads in Turkey following injunction against data-sharing with Instagram

Meta is shutting down Threads in Turkey following injunction against data-sharing with Instagram

Meta is shutting down Threads in Turkey on April 29 after an interim injunction from the Turkish Competition Authority (TCA) against automatic data-sharing with Instagram. The TCA ruled that linking Threads and Instagram without user opt-in “will lead to irreparable harms” and that Meta “abused its dominant position” in the industry with the practice. The TCA also suggested that the…
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Tesla halts Cybertruck deliveries due to ‘unexpected delay’

Tesla halts Cybertruck deliveries due to ‘unexpected delay’

Tesla has halted Cybertruck deliveries, telling owners that there has been an "unexpected delay regarding the preparation of your vehicle," Carbuzz has reported. One buyer on the Cybertruck Owners Club said he was told that Tesla issued a recall over a problem with the accelerator.  "We have just been informed of an unexpected delay regarding the preparation of your vehicle.…
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Samsung’s new 98-inch Crystal UHD TV is now available

Samsung’s new 98-inch Crystal UHD TV is now available

It's been a few months since we've heard any details about Samsung's latest 98-inch TV, which we learned about back at CES in January. Now, the company has offered up more information about the 98" Class Crystal UHD (DU9000), which is available starting today for $4,000 from its own webstore and select retailers. Samsung previously revealed that this model uses…
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Samsung is once again the leader in global smartphone shipments

Samsung is once again the leader in global smartphone shipments

After being briefly overtaken by Apple in 2023, Samsung once again holds the title for most global smartphone shipments. The International Data Corporation (IDC) Mobile Phone Tracker's preliminary data for 2024's first quarter showed Samsung reclaiming the lead it has held since 2010.  Samsung has reportedly shipped 60.1 million units worldwide in quarter one, representing 20.8 percent of the market…
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