Hybrid Bonding: The Detail That Decides Whether CXMT’s 4F² DRAM Is Real
CXMT says its denser 4F² DRAM will ship before the end of 2026, about two years ahead of Samsung. One manufacturing step decides whether that date means much.
Markets
Markets
Bending Spoons Private Placement: Berkshire Paid $33 a Share. The Market Paid $51 the Same Day.
Berkshire Hathaway bought new Bending Spoons shares at $33 while the market paid about $51. Here is how a private placement works, why the buyer gets a discount, and who pays for it.
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Molly Tea: How a Bubble Tea Logo Ended Up in Louis Vuitton’s Earnings
A Chinese tea chain lost a logo fight to Louis Vuitton. Then Chinese shoppers picked a side, and LVMH’s third-quarter numbers showed which one.
Frames
Project Americas: GTA 6 Was Supposed to Cover Two Continents. Here’s What Shrank It.
GTA 6 started life as Project Americas, a map stretched across North and South America. Bloomberg’s inside story explains why it became one city instead.
Markets
Ship-to-Ship Transfers Got Hormuz Oil Moving Again. That’s Why the World Ran Out of Tankers.
Gulf crude is getting out of Hormuz again, mostly by being pumped from one tanker into another off Oman. Every cargo now ties up two ships, and that is why freight and tanker prices hit records.
Markets
Prepackaged Chapter 11: Getty Images Said It Had the Cash. It Picked Bankruptcy Anyway.
Getty Images had cash for its bond interest but chose a prepackaged Chapter 11 anyway. The reason sits in a court judgment, not in its photo business.
Markets
Solidigm Duplicate Listing: One SK Chain Is About to Get Its Fourth Stock. Korea’s New Rule Can’t Block It.
SK Hynix’s flash memory unit Solidigm is lining up a US IPO. That would put four listed companies in one ownership chain, and Korea’s new duplicate listing rule mostly stops at the border.
Markets
Sparrows Point Is a Shipyard Again. Its First Order Isn’t a Submarine.
Bethlehem Steel’s old yard at Sparrows Point is getting a $3.7 billion Anduril plant. The first thing it will make is not a submarine. It is a tube.
Markets
ARTEX AI: The Tool Behind Korea’s Bank Hacks Was Built to Defend Banks. It Came In Through a Side Door.
A free AI tool built to test security turned up behind attacks on seven Korean lenders. The way in was a side door most customers never see.
Markets
Seagate TDK Bidding War: Only Three Companies Make Hard Drives. Only One Sells the Part Inside Them.
Seagate and Toshiba are reportedly fighting over TDK’s hard-drive head business. It is the only independent maker of a part every drive needs, and Toshiba buys all of its heads there.