Enterprise

Amazon is facing scrutiny over its treatment of contracted delivery drivers, with a regional director for the National Labor Relations Board stating that the company should be considered a “joint employer” of some of these drivers. The NLRB was investigating two unfair labor practice charges filed in January, specifically regarding Amazon’s treatment of drivers at
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Alibaba has successfully completed a three-year regulatory “rectification” process imposed by China’s market regulator following an antitrust fine in 2021. The State Administration for Market Regulation (SAMR) announced on Friday that Alibaba has achieved compliance with antitrust regulations after being fined $2.6 billion for monopolistic practices. Over the past few years, SAMR has closely supervised
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Following Nvidia’s second-quarter results, tech and chip-related stocks in Asia experienced a significant decline. Companies with direct ties to Nvidia, such as South Korean chipmakers SK Hynix and Samsung Electronics, were hit the hardest. SK Hynix, known for manufacturing high bandwidth memory chips for Nvidia, saw shares plummet by as much as 6.74%. Similarly, Samsung
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The artificial intelligence boom has brought about a surge in demand for powerful processors and the energy required to cool data centers. Sustainable Metal Cloud, a data center company, has seized this opportunity by introducing “sustainable AI factories” powered by its HyperCubes in Singapore and Australia. These HyperCubes house servers equipped with Nvidia processors submerged
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