South Korean tech giants to build a $518 billion chipmaking hub

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: June 29, Apple releases the first iPhone to consumers

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.

Kara Swisher took Silicon Valley by force. Now she's eyeing influence in the 2028 campaign

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.

Editorials from The Wall Street Journal, The Washington Post, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Supreme Court says Fed's Cook can keep her job for now

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.

Self-exiled Chinese billionaire Guo Wengui gets 30 years in US prison

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.

Director Carl Rinsch sentenced to prison in $11M fraud case over Netflix show

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.

Australia to double potential fines for Facebook and Instagram over child social media accounts

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 increases prices for Macs and iPads, blaming a shortage of memory chips

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.