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Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth

Ferrari Fever Hits Samsung, SK Hynix Workers As AI Memory Boom Mints New Wealth The global memory boom, with Samsung at the epicenter of the production ecosystem, appears to be generating a sudden wealth effect among some employees, with local media reporting that newly enriched chip workers are now panic-buying luxury sports cars.  A short clip from MBC News, the news division of Munhwa Broadcasting Corporation and one of South Korea's top national TV and radio broadcasters, featured at least one exotic car dealership reporting a sharp uptick in Samsung Electronics...
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Sep 17, 2026 / Tyler Durden
Belarus Gets Partial US Sanctions Relief After Freeing More Political Prisoners
Belarus Gets Partial US Sanctions Relief After Freeing More Political Prisoners In a rare development, Belarus - which forms a 'Union State' with Russia, has received partial US sanctions relief after it agreed to free 25 political prisoners.  President Trump's envoy, John Coale, revealed to reporters in the Belarusian capital Minsk: "We agreed to an interim deal, and as a show of goodwill Belarus will release 25 people and in exchange the United States will lift sanctions on two companies." Kremlin.ru/ White House The deal follows a much bigger amnesty for prisoners brokered...
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Oct 2, 2026 / Tyler Durden
Seagate, Western Digital Crater After Toshiba Breaks Hard-Drive "Supply Discipline" Pact
Seagate, Western Digital Crater After Toshiba Breaks Hard-Drive "Supply Discipline" Pact For most of 2026, the bull case for the HDD duopoly could be summarized in one sentence: nobody is building new factories. On Friday, someone did. Shares of Seagate (STX) and Western Digital (WDC) tumbled more than 10% on Friday, standing out like a sore thumb on a day when the Nasdaq hit all-time highs, after Nikkei reported that Toshiba plans to double its hard disk drive production capacity to grab a bigger slice of the AI data center storage...
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Jul 24, 2026 / Tyler Durden
Death Toll Revised Lower: Trump Admin Accused Of Playing Politics With Iran War Casualties
Death Toll Revised Lower: Trump Admin Accused Of Playing Politics With Iran War Casualties The US administration and Department of War has just reduced the total number of American service members killed during the Iran war from 18 to 14. Removing the four most recent deaths, which occurred in Jordan and in Iraq last week, appears to be politically-driven as a way to keep official casualties lower related to President Trump's decision to go to war. That's what's being widely alleged anyway. The NY Times, which reported the significant change, wrote that...
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