Bloomberg Business

Samsung Electronics Co. is considering adding an affordable option to its portfolio of foldable phones, in a move to hasten adoption of the novel form factor.

SLB, the world’s biggest oil field services company, was found not liable by a jury for sexual harassment that a former female employee said she endured on drilling rigs.

Meta Platforms Inc. plans to make money from the major cloud-computing companies when they resell its artificial intelligence large language model, Llama 2.

Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat their peers in the first half.

The expansionist era is over for Taiwan’s $1.1 trillion life insurance industry after the steepest Federal Reserve interest hikes in 40 years pushed it to the brink of a liquidity crisis.

There was something for every Wall Street bull and bear in Jerome Powell’s remarks Wednesday, but the market finished the day betting the Federal Reserve’s next move will possibly be a skip.

The Federal Reserve resumed raising interest rates and Chair Jerome Powell left open the possibility of further hikes, which he emphasized will depend on incoming data that has recently signaled a resilient US economy.

MaxLinear Inc., a maker of chips for broadband communications, said it terminated its attempt to acquire Silicon Motion Technology Corp., ending a cash-and-stock deal worth $3.8 billion.

Commerce Secretary Gina Raimondo says that a combination of export controls and domestic incentives will be needed for the US and its allies to fight a glut of semiconductor chips she warns will come with China’s aggressive industry subsidies.