Monday, November 18, 2024

Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in 2024 on concerns over Chair Lee Jae-yong (Financial Times)

Financial Times:
Samsung unveils a $7.2B share buyback plan, its first since 2017, aimed at boosting its stock, which has fallen 30%+ in 2024 on concerns over Chair Lee Jae-yong  —  First repurchases in seven years are aimed at boosting stock and may help avoid margin call for founding family



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DeepSeek says it is seeking ~150 senior engineers in an "unprecedented" hiring spree to overhaul its backend systems, strained by high user demand and AI agents (Minxiao Chang/South China Morning Post)

Minxiao Chang / South China Morning Post : DeepSeek says it is seeking ~150 senior engineers in an “unprecedented” hiring spree to overha...