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Business

TSMC Announces Significant 30% Price Increase at US Foundries Due to Rising Operational Costs

TSMC is raising prices at its US foundries by 30% due to higher operational costs, impacting major tech companies like Apple and Nvidia. This move comes amid uncertainty over US ta...

Business

Abbott Labs Surges with an 8.2% Profit Increase to $1.3B in Q1 2025

Abbott Laboratories reports a robust Q1 2025 with revenue hitting $10.4 billion, up 4% year-on-year, and net earnings growing 8.2% to $1.3 billion. CEO Robert Ford credits the comp...

Business

OpenAI Unveils Revolutionary o3 and o-4 Tools: A New Era for API and ChatGPT

OpenAI Inc. announces the launch of upgraded GPT models o3 and o4-mini to API and ChatGPT, enhancing AI's ability to solve complex problems with thoughtful answers in under a minut...

Business

TSMC Announces 30% Price Surge at US Foundries Amid Rising Operational Costs

TSMC is set to raise prices at its US foundries by 30% due to higher operational costs, with companies like Apple and Nvidia directly affected by the change amid tariff uncertainti...

Business

Abbott Labs Surpasses Expectations with an 8.2% Jump in Q1 Profits to $1.3B

Abbott Laboratories reports a 4% increase in Q1 2025 revenue to $10.4B and an 8.2% rise in net earnings to $1.3B, with EPS up by 8.6%. CEO Robert Ford highlights the company's dive...

Business

Spotify Denies Security Breach Amidst Global Outage, Vows Quick Resolution

Spotify reassures users that the recent service outage was not caused by a security hack. The company is actively working to resolve the issue and restore full functionality to its...

Business

TSMC Plans Significant 30% Price Increase at US Foundries Amid Rising Operational Costs

TSMC is set to raise prices at its US foundries by 30% due to higher operational costs, affecting major tech companies like Apple and Nvidia amidst tariff uncertainties.

Business

Abbott Labs Surges with an 8.2% Profit Increase to $1.3B in Q1 2025

Abbott Laboratories reports a 4% revenue increase to $10.4 billion and an 8.2% rise in net earnings to $1.3 billion in Q1 2025, with CEO Robert Ford highlighting the strength of it...