SpaceX’s first earnings call as a public company is drawing intense retail investor interest in unconventional topics, ranging from pink rockets to Shiba Inu mascots, according to Reuters reporting by Akash Sriram published on August 1. While the call may be expected to focus on AI spending and profits from the Starlink satellite communications network, … Read more
Samsung Electronics expects global memory chip shortages to worsen and extend into 2028, according to company executives, even as surging semiconductor prices drive massive profit growth while simultaneously squeezing the firm’s mobile division. The memory giant posted an operating profit of 89.2 trillion won ($61.7 billion) for the second quarter, marking a more than 250-fold … Read more
Disney and director James Cameron are asking a California federal court to dismiss a lawsuit filed by Indigenous actor Q’orianka Kilcher, who accused the filmmakers of misusing her likeness to create the protagonist Neytiri in the blockbuster “Avatar” franchise. According to a court filing submitted on Tuesday in the U.S. District Court for the Central … Read more
Irish musician Glen Hansard, who won a Best Original Song Oscar in 2008 for the indie film “Once” and served as the lead singer for the rock group The Frames, has died in a motorcycle crash in Dublin at the age of 56, according to Irish media reports and local police statements. Dublin Motorcycle Collision … Read more
Indie pop vocalist David Anthony Burke, known professionally as D4vd, will stand trial for the murder of a 14-year-old girl whose remains were discovered in a towed vehicle, a Los Angeles judge ruled on Monday. Judge Charlaine Olmedo found probable cause after a five-day preliminary hearing featuring graphic testimony and evidence presented by prosecutors. Evidence … Read more
U.S. singer Chris Brown pleaded guilty to a charge of affray at London’s Southwark Crown Court, according to prosecutor Heidi Stonecliffe, resolving a legal case stemming from a 2023 incident at a London nightclub involving music producer Abraham Diaw. The plea allows the 37-year-old performer and his co-defendant, Omololu Akinlolu, to avoid a trial on … Read more
Chinese memory chip manufacturer ChangXin Memory Technologies (CXMT) has seized newfound pricing power amid a global supply scramble, hiking costs for major tech firms like Huawei and securing a multi-billion dollar deal with TikTok owner ByteDance, according to sources familiar with the matter. The shift highlights a dramatic turnaround for domestic semiconductor firms once reliant … Read more
Indian actors Ranbir Kapoor and Yash arrived at San Diego Comic-Con on Thursday to promote “Ramayana,” a two-part film adaptation of one of Hinduism’s most revered epics, according to Reuters reporting from Los Angeles. The international promotional push marks an effort by filmmakers to introduce the ancient story to a global audience ahead of its … Read more
Ukrainian drone strikes targeted logistics infrastructure, resulting in seven fatalities and dozens of injuries at Wildberries warehouses in the Tambov and Moscow regions. Casualties and Damage at Wildberries Logistics Hubs The human toll of the recent drone campaign was concentrated at two major distribution centers operated by Wildberries, Russia’s largest online retailer. In the Tambov … Read more
Wall Street indexes closed lower on July 17, driven by a selloff in AI-linked semiconductor stocks and disappointing guidance from Netflix. The Nasdaq Composite fell 1.40%, the S&P 500 dropped 1.01%, and the Dow Jones Industrial Average declined 0.77%, according to Reuters. AI Chip Fatigue Triggers Semiconductor Bear Market The Philadelphia SE Semiconductor Index (.SOX) … Read more