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SK Hynix Plans $15 Billion Chip Expansion to Meet AI Demand

<-bsp-bb-link state="{"bbHref":"bbg://securities/000660%20KS%20Equity","_id":"0000018f-0f88-d583-afbf-cfdcbade0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">SK Hynix Inc. plans to spend about $14.6 billion building a new memory chip complex in South Korea, preparing to meet rapidly growing demand for semiconductors employed in AI development.

Temenos Names New CEO, Says Sales Hit by Short Seller Report

Temenos AG, the financial software company targeted by a short seller report earlier this year, announced its new chief executive officer after <-bsp-bb-link state="{"bbDocId":"S8YEZ8T0G1KW","_id":"0000018f-0ef6-d583-afbf-cefe319a0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">repeated activist calls to replace interim CEO <-bsp-person state="{"_id":"0000018f-0ef6-d583-afbf-cefe319a0002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Andreas Andreades.

TikTok Ban Looms With Biden Poised to Start 270-Day Countdown

For TikTok, the clock has started running in its existential fight to avoid a US ban. Legislation requiring the social media app’s Chinese owners to divest sailed through Congress, capped by Senate passage late Tuesday as part of a larger foreign-aid package. President Joe Biden plans to sign it Wednesday — beginning a 270-day countdown for a sale or a US prohibition of the popular video-sharing platform.

TikTok Ban-or-Divest Bill Set to Be Signed by Biden Into Law

The US Senate voted to ban TikTok’s ownership by Chinese parent <-bsp-bb-link state="{"bbHref":"bbg://securities/1774397D%20CH%20Equity","_id":"0000018f-0e5f-d583-afbf-cedf202a0000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">ByteDance Ltd., setting the stage for a constitutional clash over whether the prohibition deprives US users of their First Amendment free speech rights.

Ownership of Crypto Trading Software Patent Hinges on Marketing

Financial analyst Reggie Middleton’s bid to maintain control of his cryptocurrency trading platform likely hinges on whether he marketed to investors that the platform’s patented technology was owned by Veritaseum Inc., an issue his lawyer said Tuesday “is a bit confusing.”

Telehealth Is Booming During Covid. Is it Here to Stay?

Millions of Americans have taken advantage of telehealth during the coronavirus pandemic, so why has it taken so long for widespread adoption?

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