SEOUL, South Korea (AP) – South Korean tech giants Samsung Electronics and SK Hynix said Monday they will invest a combined 800 trillion won ($518 billion) in building a new computer chipmaking hub in the country’s southwest region, capitalizing on surging artificial intelligence -driven demand.
Today in History. Today is Monday, June 29, the 180th day of 2026. There are 185 days left in the year. Today’s highlight in history: On June 29, 2007, the first version of the iPhone went on sale to the public; over 2.3 billion iPhones have been sold to date.
WASHINGTON (AP) – Kara Swisher is everywhere. She’s filling in for Joy Behar on ABC’s “The View.” Appearing alongside Meryl Streep in “The Devil Wears Prada 2.” Starring in a CNN documentary. Preparing a national tour. And churning out four podcasts most weeks featuring long-form interviews and commentary.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – The Supreme Court on Monday dramatically expanded presidential power, upholding President Donald Trump’s firings of the heads of independent federal agencies with one important exception: the Federal Reserve.
NEW YORK (AP) – A self-exiled billionaire Chinese business tycoon once believed to be among China’s wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars.
NEW YORK (AP) – Hollywood writer-director Carl Rinsch was sentenced Monday to 2 1/2 years in prison after being convicted of defrauding Netflix out of $11 million for a never-finished sci-fi series. Supporters including Keanu Reeves had asked the court to show him leniency.
MELBOURNE, Australia (AP) – Australia plans to double potential fines for social media platforms, including Facebook and Instagram, who fail to prevent Australian children from holding accounts as critics argue the world-first ban on under-16s was failing.
Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom. The Cupertino, California-based company called the demand spike an “unprecedented challenge” for the consumer electronics industry.