The budget smartphone market will shrink as the reality of memory shortages continues to take hold. Rising RAM prices amid memory shortages are putting serious pressure on the economics of low-end smartphones, according to a recent analysis published this week by global technology research firm Omdia. “Memory costs have become a serious burden for low-end
The fuel shortage, which has been increasing since the summer of 2025, is worsening into a national crisis for Russia, forcing the oil-producing nation to ban energy sales and imports. In the annexed Crimean peninsula, one of the first Russian-controlled areas hit by shortages, public gasoline sales were reduced weeks ago. “The fuel supply situation
IT hedge fund Qube is hiring flesh-and-blood portfolio managers for a new equities unit, according to two people familiar with the company’s plans. The quant giant, which now manages $50 billion across its suite of strategies, is developing a team of portfolio managers who will trade long and short positions across different sectors and report
Kioxia may have become Japan’s most valuable company amid the AI boom, but South Korea’s chip giants still have a structural advantage, according to the Bain Capital executive who led the company’s purchase from Toshiba. “The reason South Korean companies are so successful in the semiconductor industry is the powerful vertical leadership and ownership structures
Jensen Huang says his software engineers love how AI is changing their role. “These agent systems are new skills, and now we have a lot of software engineers creating agents,” the Nvidia CEO said in an interview published by the company on Wednesday. “If you ask me, every one of my software engineers would rather
This essay as told is based on a conversation with Gu Yichen, a 31-year-old Chinese national living in California. After being laid off by Google, he returned to Amazon, where he works on an H-1B visa. His words have been edited for length and clarity. I spent my sophomore year of high school as an