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Samsung Chip Workers To Get $340,000 Average Bonus In AI Boom

Samsung is reportedly set to pay chip-division workers an average bonus of about $340,000 after reaching a tentative deal with its union, according to Bloomberg (paywalled). The deal ended a standoff that "could have cost the economy as much as 1 trillion won ($658 million) daily, with losses potentially multiplying to 100 trillion won ($68 billion) if in-progress semiconductor wafers were rendered unusable," reports Quartz. From the report: The agreement, subject to a union ratification vote running May 22 through May 27, calls for Samsung to direct 10.5% of operating profit into stock bonuses along with a separate 1.5% cash component, according to Bloomberg. The program runs for 10 years, contingent on the company meeting profit thresholds. One-third of the stock award can be liquidated right away, with the rest parceled out in installments across the next two years, Bloomberg reported. The first payout is expected in early 2027. Not all workers will fare equally. As an illustration, Reuters cited a union source estimating that someone in the memory chip unit earning an 80-million-won base salary could take home roughly 626 million won in total bonuses this year. By comparison, workers at SK Hynix stand to collect upward of 700 million won should their employer post annual profit of 250 trillion won, Reuters calculated. Unlike at Samsung, SK Hynix employees are not limited to stock payouts and may instead opt for cash, Reuters reported.

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SpaceX Reveals Its Finances For the First Time

SpaceX has revealed its financials for the first time as it prepares for a potentially massive IPO. The New York Times reports: SpaceX's revenue soared to $18.7 billion in 2025, up 33 percent from a year earlier, the company disclosed in a filing required of firms that are seeking to go public. In the first three months of this year, revenue rose to $4.7 billion from $4.1 billion in the same period a year ago. But the company lost more than $4.9 billion last year, compared with a $791 million profit in 2024, as capital expenditures nearly doubled to $20.7 billion from heavy spending on artificial intelligence development. In the first three months of this year, SpaceX lost almost as much money as all of 2025, recording a $4.3 billion loss.

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Intuit To Lay Off Over 3,000 Employees To Refocus On AI

Intuit is reportedly cutting about 3,000 jobs, or 17% of its workforce, as it restructures around AI and simplifies its corporate organization. TechCrunch reports: The layoffs come during a bad year for the tech workforce. The tech industry has already cut more than 100,000 jobs this year, per Statista, and is on track to outpace both 2024 and 2025 if the layoff trend continues. Companies such as Amazon, Block, Cisco, Cloudflare, Meta, Microsoft, and Oracle have let go of thousands of employees each, all of them citing a need to refocus expenditures around AI projects as a reason to cut jobs and restructure their organizations. [...] Intuit, however, hasn't been perceived as a beneficiary of the AI boom, with its shares consistently underperforming in the broader S&P 500 over the past 12 months. The company has been caught up in the broader current of worries that traditional software-as-a-service firms will not be able to keep up or compete, as new and upcoming AI products and services threaten to change how software is developed and how it is used. In its fiscal second quarter ended January, Intuit reported revenue of $4.65 billion, a 17% increase, and net profit of $693 million, a 48% improvement compared to a year earlier. The company expects revenue to increase by about 10% in the third quarter, for which it will report results later today.

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NextEra and Dominion's $67 Billion Mega-Merger Is All About the Data Centers

An anonymous reader quotes a report from Inside Climate News: A proposed merger of the largest utility in the country by market value, NextEra Energy, with the sixth-largest, Dominion, would create a megacompany at a time when data centers and rapid increases in electricity demand are reshaping the industry. The proposal, announced Monday morning and contingent on state and federal regulatory approval, would result in a company that leads in nearly every aspect of the US power and utility industry, including overall electricity generation, natural gas generation, and renewables. The $67 billion deal combines NextEra's size and reach with Dominion's positioning as the local utility for the world's largest concentration of data centers in northern Virginia. But the results are likely bad for consumers and the environment, creating a company with enormous financial and political strength that will be difficult to effectively regulate, according to consumer advocates and analysts. For perspective, only Exxon Mobil and Chevron would be larger based on market value among US-based energy companies. "Mergers are not about consumers; they're about shareholders," said Ari Peskoe, director of the Electricity Law Initiative at Harvard Law School. "For the Dominion shareholders, they are selling their shares at a premium. The executives are getting massive payouts for facilitating this, assuming it all goes through, and obviously NextEra believes the transaction is going to add value to the company. Ratepayers are all an afterthought." The deal makes financial sense for both companies, said Andrew Bischof, an equity analyst for Morningstar. "We view the transaction as allowing NextEra to accelerate its data center ambitions, which had trailed those of its regulated peers, by using Dominion's expertise and relationships to expedite NextEra's data center hub plans," he said in a note to clients. NextEra, based in Juno Beach, Florida, includes Florida Power & Light, the largest regulated electricity utility in the state, and NextEra Energy Resources, a wholesale electricity supplier that owns power plants across the nation. Dominion, based in Richmond, Virginia, includes regulated utilities serving much of Virginia, parts of North Carolina and South Carolina, and other assets across the country. The company would be called NextEra Energy, and NextEra CEO John W. Ketchum would serve in the same role after the deal closes. Robert M. Blue, Dominion's CEO, would be the CEO for regulated utilities for the merged company. The parties said they expect regulatory approvals to take 12 to 18 months. NextEra shareholders would own 74.5 percent and Dominion shareholders would own 25.5 percent, respectively, of the combined company in the all-stock transaction. "We are bringing NextEra Energy and Dominion Energy together because scale matters more than ever -- not for the sake of size, but because scale translates into capital and operating efficiencies," Ketchum said in a statement. Although the companies claim the deal would produce savings, including $2.25 billion in Dominion customer bill credits, former regulator Marissa Paslick Gillett said she was "flabbergasted by the tone deafness," arguing that major utility mergers rarely deliver the promised "synergies" and often create "a behemoth" that is harder to regulate. Others warned that a larger NextEra could use its political power "to the disadvantage of ratepayers," while climate advocates said expanding methane gas plants to serve data centers would worsen pollution and leave vulnerable communities "at the short end of the stick."

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OpenAI Co-Founder Andrej Karpathy Joins Anthropic

OpenAI co-founder Andrej Karpathy has joined rival AI lab Anthropic. "The hire is a major coup for Anthropic in the high-stakes competition for elite AI talent -- and another sign the company is emerging as a magnet for some of the industry's most respected technical minds," reports Axios. From the report: Karpathy will start this week on Anthropic's pre-training team, which is responsible for the massive training runs that give Claude its core knowledge and capabilities, according to Anthropic. Karpathy will help launch a new team focused on using Claude itself to accelerate pretraining research -- an increasingly important frontier as AI companies race to automate parts of AI development. "I think the next few years at the frontier of LLMs will be especially formative. I am very excited to join the team here and get back to R&D," Karpathy said in a post on X. Karpathy is a rare AI figure with credibility across research, industry and education. He was a founding member of OpenAI before serving as Tesla's director of AI, where he led the computer vision team behind Autopilot. Karpathy coined the term "vibe coding" and recently described himself as being in a "state of AI psychosis" since December -- embracing "tokenmaxxing" and aggressively stress-testing frontier models.

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StanChart To Cut Over 7,000 Jobs, Boost AI To Replace 'Lower-Value Human Capital'

The London-headquartered lender Standard Chartered announced plans to cut more than 7,000 jobs by 2030, with CEO Bill Winters saying the bank will replace some "lower-value human capital" through automation and AI while offering retraining to affected workers. "It's not cost-cutting. It's replacing in some cases lower-value human capital with the financial capital and the investment capital we're putting in," CEO Bill Winters told reporters. "So, the people that want to reskill, that want to carry on, we're giving every opportunity to reposition," Winters said. Reuters reports: The cuts, alongside higher shareholder return targets announced in a strategy update, come as StanChart is at the tail-end of a decade-long effort to transform itself from a potential takeover target to a steadily profitable lender. Its London-listed shares, which have risen 65% in the last 12 months, fell 0.5% in early trading, as analysts said the new targets were at the conservative end of their expectations. "In a world full of uncertainty, performance may prove more challenging further out," said Ed Firth, analyst at Keefe, Bruyette & Woods, citing how the bank has benefited in recent years from high interest rates and huge wealth flows. StanChart's move to streamline operations and rein in costs comes as more global firms slash jobs by deploying AI to improve efficiency. Japanese lender Mizuho in March unveiled up to 5,000 job cuts over a decade. And banks globally are scrambling to integrate frontier AI models and fend off rising cyber threats. The most affected roles will be in the bank's back-office centres, including those in Chennai, Bengaluru, Kuala Lumpur and Warsaw, according to Winters. "Of course we're using AI along the way and AI will be a huge facilitator and enabler of that," he added, referring to its ongoing revamp to automate more of its core banking system. StanChart said it would deliver over 15% return on tangible equity in 2028, more than three percentage points higher than in 2025, and building to about 18% in 2030. Meta also announced plans to reassign 7,000 employees into AI-related initiatives, just ahead of layoffs expected to affect roughly 8,000 workers.

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Before Mass Layoffs, Meta Reassigns 7,000 Workers To Focus On AI

An anonymous reader quotes a report from the New York Times: Meta told employees on Monday that it was reassigning 7,000 workers to focus on new initiatives around artificial intelligence, the latest change in a company transformation spurred by the powerful technology. Employees will be moved to four new organizations focused on building new A.I. tools and apps, Janelle Gale, Meta's head of human resources, said in an internal memo. The organizations will use "A.I. native design structures" and have fewer managers per employee than other parts of the company, she said, adding that company leaders will send details about the new roles on Wednesday. The restructuring "will make us more productive and make the work more rewarding," Ms. Gale wrote. Meta declined to comment further on the changes. The move comes shortly before Meta begins laying off roughly 8,000 employees, or 10 percent of its work force. Ms. Gale also mentioned Wednesday's layoffs in her memo. "We know days like this are extremely hard, and we appreciate you showing up for each other," Ms. Gale said. According to the NYT, employees have been asked to work remotely that day and emails about the layoffs would be sent at 4 a.m. local time. Employees in the United States will receive 16 weeks of severance pay, along with two extra weeks for every year they worked at Meta.

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Taxe petit colis, un bilan ridicule de 2.3 millions d’euros

La taxe sur les petits colis a été lancée en mars dernier en France. Une mesure destinée à empêcher les grandes plateformes comme Temu, Shein ou AliExpress de trop concurrencer les marques françaises tout en ramenant des sous dans les caisses de l’État.

Cette fameuse taxe sur les petits colis qui ne concerne que les achats de faible valeur, moins de 150€, n’aura pas eu les effets escomptés. Quelques jours seulement après sa mise en place, ce sont les gestionnaires des zones de Fret des aéroports qui se pendaient à l’alarme pour signaler la disparition de leur activité. Et pour cause, il n’aura fallu que quelques jours pour que les avions en partance vers la France pour y être dédouanés se retrouvent orientés vers la Pologne, l’Espagne, la Belgique et ailleurs en Europe. Les marchandises débarquant en dehors de nos frontières mais en Europe y étant alors déballées avant d’être injectées dans un réseau de livraison français Sautant au passage toute taxation « petit colis » voulue par le gouvernement

Résultat des courses ? Le Figaro publie le chiffre relevé par les douanes françaises. Des 400 millions d’euros de taxes espérés à l’année, le gouvernement n’en aura récupéré que 2.9 millions. 30 fois moins qu’espéré.

La taxe petit colis a réorienté le Fret vers des pays limitrophes

Le nombre de colis dédouanés en France est passé en quelques jours d’un demi-million à moins de 50 000… Les géants de l’industrie comme Shein, Temu ou AliExpress ont simplement donné une nouvelle feuille de route pour leurs avions afin qu’ils atterrissent à la bordure du pays. Traversant ensuite librement et sans taxe notre frontière.

Les 2.9 millions n’ont finalement touché que les plus petites structures, celles qui ne peuvent pas louer un énorme entrepôt d’un coup de fil ou qui ne disposent pas d’un chiffre d’affaires suffisant pour retrouver du trafic aérien. En clair, les petites PME françaises qui commandent du matériel en Asie pour alimenter leurs stocks ont dû payer 2€ par type de produit commandé. Ce qui a poussé nombre d’entre eux à choisir de passer par… les plateformes visées par cette taxe. Quand un patron de PME française reçoit une facture de commande de produits électroniques avec des centaines de références et des dizaines de types de produits différents, chacun taxé à 2€, il ne réfléchit pas longtemps avant de changer de fournisseur.

Quant aux particuliers, ceux qui commandent des vêtements ou du matériel électronique, il devient encore plus avantageux pour eux de passer par une plateforme géante. L’exemple le plus frappant est ce père de famille qui, pour marier son fils, achète un costume complet en ligne à 149€ sans comprendre que c’est du Dropshipping et qui se voit taxer à plusieurs reprises de 2€. Pantalon, veste, gilet, chemise et même, 2€ de plus sur la cravate offerte en cadeau par le fabricant. Au total, 149€ de marchandise, 10€ de taxe. s’il avait ajouté une pochette pour sa veste, il ne l’aurait pas payée, me confiait-il.

Pas de changement en vue pour la taxe petit colis française

Alors que les zones de Fret prennent la poussière et que les effets anticipés ne sont pas au rendez-vous, le gouvernement ne semble pas vouloir changer de méthode. La taxe petit colis restera active le temps d’une harmonisation européenne. En juillet, la zone économique prévoit une taxe de 3€ par type d’article sur toute la zone. Avec une vision très spécifique du type d’article.

D’après Reuters, la définition du type de produit se base sur la nomenclature douanière qui est très, très spécifique. L’exemple donné est édifiant. 10 paires de chaussettes du même type donneraient une taxe de 3€. Mais un ensemble comprenant 5 paires en laine et 5 paires en coton serait taxé deux fois. Car leurs codes d’identification douanière ne correspondent pas. Ce qui ajouterait 6 € à l’ensemble. En novembre, il est prévu d’ajouter en plus 2€ supplémentaires par colis sur ce montant par type de produit. Cela fera donc 8€ au total pour vos 10 paires de chaussettes en importation. On se demande si la taxe ira jusqu’à différencier le type de résistances ou de condensateur d’une commande en électronique…

Lorsque vous achèterez un kit pour faire un montage électronique avec variateur, résistance, condensateur, servo, PCB, connecteurs, microcontrôleur et alimentation, vous aurez déjà 8 x 3 = 24€ de taxe petit colis sur votre commande. 3€ par type de produit. À moins que ? À moins que le fournisseur n’emballe cela sous forme de Kit sans détailler outre mesure le contenu exact du colis. Cela m’est déjà arrivé deux fois. Au lieu de recevoir des composants épars dans un emballage général avec une déclaration détaillée, j’ai reçu un ensemble « Kit matériel électronique » unique au prix de la totalité des composants. Je doute que les agents des douanes aient les ressources pour ouvrir chaque petit paquet. 

Il va devenir très intéressant de passer par des achats groupés pour importer certains types de matériels et ainsi dépasser les 150€ fatidiques qui font qu’une commande passe de « petit colis » « gros colis » et n’est plus taxé.

Edit : j’ai dû changer les illustrations de ce billet suite à la demande des ayants droit.

Taxe petit colis, un bilan ridicule de 2.3 millions d’euros © MiniMachines.net. 2026

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Coup de tonnerre chez Amazon : le MMO Le Seigneur des Anneaux définitivement enterré

Gollum

C’est une malédiction qui semble coller à la peau d’Amazon Games. Pour la deuxième fois en cinq ans, le géant de la tech jette l’éponge sur son ambitieux projet de MMO basé sur l’univers de Tolkien. Entre licenciements massifs, restructuration stratégique et rumeurs persistantes sur l’usage de l’IA, le destin du jeu vidéo Le Seigneur des Anneaux sombre à nouveau dans les ténèbres.

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Cisco To Cut Almost 4,000 Jobs In AI-Driven Restructuring

Cisco's stock soared 17% after the company announced it will cut nearly 4,000 jobs as it shifts investment and staffing toward higher-growth AI opportunities. CNBC reports: CEO Chuck Robbins wrote in a blog post on Wednesday that the latest round of job cuts will begin on May 14. Cisco is the latest company to announce head count reductions tied to AI. "The companies that will win in the AI era will be those with focus, urgency, and the discipline to continuously shift investment toward the areas where demand and long-term value creation are strongest," Robbins said. "I'm confident Cisco will be one of those winners. This means making hard decisions -- about where we invest, how we're organized, and how our cost structure reflects the opportunity in front of us." Cisco said in a filing that severance and other costs will result in pre-tax charges of $1 billion, and that the company will recognize about $450 million of that in the fiscal fourth quarter. During the third quarter, Cisco announced switches and routers that use its next-generation processor. The company also debuted a leaderboard for ranking generative AI models based on their robustness against cybersecurity attacks.

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eBay Rejects GameStop's $56 Billion Takeover As 'Neither Credible Nor Attractive'

An anonymous reader quotes a report from Reuters: EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "neither credible nor attractive." EBay, which has roughly four times GameStop's market value, also underscored that its turnaround efforts under CEO Jamie Iannone have boosted growth, with its stock returning 201% since Iannone took the position six years ago. "We have concluded that your proposal is neither credible nor attractive," eBay Chairman Paul Pressler said in a statement. "eBay's Board is confident the company, under its current management team, is well-positioned to continue to drive sustainable growth." He also pointed to concerns with GameStop's bid, including its financing, its impact on eBay's long-term growth and the leadership structure of a potentially combined company. Last week, GameStop's CEO Ryan Cohen delivered one of the most memorable CNBC interviews in recent memory... initially disinterested, then increasingly hostile, with little eye contact, few real answers to basic questions, and repeated robotic deflections to "check the website." It's worth a watch if you have a few extra minutes.

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Près de 200 milliards d’euros investis en Europe dans la voiture électrique : la France parmi les champions

Selon des données du groupe New Automotive, les pays européens ont dépensé près de 200 milliards d'euros dans l'industrie de la voiture électrique. À la deuxième place du classement des plus gros contributeurs, on retrouve la France. Voici comment a été réparti cet investissement global.

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GM Cutting Hundreds of Salaried IT Workers As It Trims Costs, Evaluates Needs

GM is laying off about 500 to 600 salaried IT workers, mainly in Austin, Texas, and Warren, Michigan, as it restructures its technology organization and trims costs. "GM is transforming its Information Technology organization to better position the company for the future. As part of that work, we have made the difficult decision to eliminate certain roles globally. We are grateful for the contributions of the employees affected and are committed to supporting them through this transition," the automaker said in an emailed statement. CNBC reports: GM reported employing about 68,000 salaried workers globally as of the end of last year, including 47,000 white-collar employees in the U.S. Despite Monday's cuts, GM still is still hiring IT workers. The company has 82 open IT positions that include positions working in artificial intelligence, motorsports and autonomous vehicles, according to the automaker's careers website.

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Challenging UPS and FedEx, Amazon Opens Its Shipping Network to All Businesses

This week Amazon opened up its parcel shipping, fulfillment, and distribution "to businesses of all types and sizes." Any business can now ship, store, and deliver "using the same supply chain that supports Amazon," according to Monday's announcement of "Amazon Supply Chain Services." The move sent shares of UPS and FedEx "tumbling" Monday writes GeekWire. And though both stocks bounced back as the week went on, GeekWire sees this as the latest example of Amazon "turning its internal capabilities into products and services for sale..." "Amazon had already surpassed both carriers to become the nation's largest parcel shipper by volume, according to parcel-analytics firm ShipMatrix." Initial customers include Procter & Gamble, which is using Amazon's freight network to transport raw materials; 3M, which is using it to move products to distribution centers; Lands' End, which is fulfilling orders across sales channels from Amazon's warehouses; and American Eagle Outfitters, which is using Amazon's parcel service for last-mile delivery. The service can fulfill orders placed through platforms that compete with Amazon's own marketplace, including Walmart, Shopify, TikTok, and others... Peter Larsen, vice president of Amazon Supply Chain Services, compared the launch to the origins of Amazon's cloud business... In addition to putting Amazon in competition with existing players in the logistics industry, the move also raises questions about data privacy. Amazon has faced accusations of using nonpublic seller data to compete against merchants on its marketplace, which it has denied. Larsen told the Wall Street Journal that the company prohibits using supply chain customer data for its own marketplace decisions, noting that hundreds of thousands of Amazon sellers already trust the company to fulfill orders placed on rival platforms. The article notes taht in his annual shareholder letter Amazon's CEO "said the company is also exploring selling its custom AI chips and robotics to outside customers."

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Does Fidelity's Reorganization Signal the Beginning of the End for 'Small-Team Agile'?

Longtime Slashdot reader cellocgw writes: Hiding inside another layoff report, Fidelity is reorganizing: "The changes are aimed at moving the teams away from an 'agile' makeup -- comprising smaller, siloed squads -- and toward larger teams built to move faster on projects." OMG, as they say: "Sudden outbreak of common sense." According to the Boston Globe, Fidelity is cutting about 1,000 jobs even as it plans to hire roughly 5,300 new workers, many of them early-career engineers. Half of the 3,300 new workers hired this year "will be in tech or product-related roles," the report says, noting that "about 2,000 of those jobs are currently open, and 400 of them are in tech/product-delivery." "The company also plans to add almost 2,000 new early-career workers, with the goal of making the tech and product-delivery teams more hands-on. In all, that means roughly 5,300 new jobs in the pipeline for Fidelity." The company says AI isn't driving the shift; as cellocgw noted, it's about moving toward larger teams that Fidelity says can move faster on priority projects. The financial services firm also reported a strong 2025 under CEO Abigail Johnson, with managed assets rising 19% from 2024 to $7.1 trillion and revenue climbing 15% to $37.7 billion. "Throughout the company's history, our investments in technology have fueled our growth and customer service capabilities," Johnson wrote in a letter (PDF) included in the company's annual report. "We will continue to prioritize technology initiatives that help us advance digital capabilities, simplify our technology ecosystem, and protect the firm and our customers."

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