Major semiconductor firms in South Korea, Taiwan, and the United States experienced significant share price declines, with South Korea's Kospi index halting trading after an 8% fall. This downturn reflects investor anxiety regarding the future trajectory of artificial intelligence hardware demand and market saturation.
Record summer temperatures are prompting a growing number of UK homeowners to explore air conditioning options, with installation expenses for a single room starting at £1,500 and whole-house systems reaching up to £10,000.
The High Court has found that several prominent car manufacturers did not install 'defeat devices' to manipulate emissions tests, following a lengthy legal challenge. This ruling provides clarity on the extent of emissions irregularities within the automotive industry.
The European Union has opened formal proceedings against Meta, the parent company of Facebook and Instagram, citing concerns that design features on its platforms, such as infinite scroll, exploit user vulnerabilities and promote 'compulsive use' in minors. Non-compliance could result in substantial fines for the tech giant.
