
Amazon faces historic Covid price gouging lawsuit in U.S. court
A U.S. judge has refused to dismiss a class-action accusing Amazon of Covid‑era price gouging, citing “unpersuasive” defenses and massive spikes on basic goods between 2020 and 2022.


A U.S. judge has refused to dismiss a class-action accusing Amazon of Covid‑era price gouging, citing “unpersuasive” defenses and massive spikes on basic goods between 2020 and 2022.

Samsung is making a huge push in phone AI. The company plans to double its Gemini-powered Galaxy devices to 800 million units in 2026, after shipping about 400 million AI-ready phones and tablets last year. The move targets Apple and fast-growing Chinese brands in the global AI race.

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Baidu’s AI chip unit Kunlunxin has confidentially filed for a Hong Kong IPO, aiming to unlock value in China’s fast‑growing AI hardware race. The deal lands amid a flood of Chinese AI and chip listings and deepening US‑China tech tensions over advanced processors.

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The U.S. has granted Taiwan’s TSMC an annual license to import American chipmaking tools into its Nanjing fab in China, replacing expiring waivers and aligning with similar approvals for Samsung and SK hynix, as Washington balances security and supply chain stability.

SoftBank has fully funded a roughly $41 billion investment in OpenAI, giving the Japanese group about 11% of the ChatGPT maker and deepening Masayoshi Son’s all‑in push on AI infrastructure, data centers, and next‑generation models at valuations that now approach $500 billion for OpenAI.
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