Industry

Industry

The business side of tech. Analysis on tech giants, startups, market trends, emerging technologies, and policies shaping the IT landscape.

software programming work recruitment

Software engineers offer $10,000 reward to anyone who helps them land six-figure jobs

Desperate times call for desperate measures
WTF?! Finding a well-paid coding job is a lot harder today than it was a few years ago, thanks in no small part to AI. Securing one that comes with a six-figure salary is even more difficult, but a couple of software engineers believe they have the answer: offering $10,000 to anyone who can get them a software developer role that pays no less than $100,000 per year.
hynix samsung tlc nand nand storage sk hynix

SK hynix finalizes acquisition of Intel's NAND business, takes full control of Solidigm

Intel's exit from NAND market marks another strategic pivot to growth areas
What just happened? Intel and SK hynix have finalized an $8.85 billion deal that transfers Intel's NAND flash memory business to the South Korean semiconductor giant, marking the completion of a multi-year transaction that began in 2020. The final phase of the acquisition concluded with SK hynix making a $1.9 billion payment to Intel.
elon musk xai

Musk merges startup xAI and Twitter, betting on AI to revitalize social media

X posts will continue fueling xAI's training data
What just happened? Elon Musk has orchestrated another move in his sprawling business empire, announcing on Friday that his artificial intelligence firm, xAI, has acquired X (formerly Twitter). The all-stock transaction values X at $33 billion, including $12 billion in debt, and xAI at $80 billion, creating a combined entity Musk says will "unlock immense potential" and provide "smarter, more meaningful experiences" for users.
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