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TSMC resumes work at construction sites after earthquake-led shutdown, ET Telecom

TSMC said its initial checks showed that safety systems at its Taiwan-based chip fabs were operating normally. Some fabs were evacuated but all personnel were safe and had returned to their workplace shortly after the quake, it said. ....

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Samsung flags 10-fold rise in first-quarter profit as chip prices recover, ET Telecom

That was up 931% from 640 billion won a year earlier, the South Korean firm said in a short preliminary earnings statement, and would be Samsung s highest operating profit since the third quarter of 2022. ....

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Spotify names senior Saab executive Christian Luiga as finance chief, ET Telecom

Spotify appointed Christian Luiga as CFO, focusing on profit growth through layoffs and price hikes. The company aims to expand into podcasts and audiobooks to reach 1 billion users by 2030. ....

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Francophone Africa-focused Janngo Capital set to get LP for startup fund

Janngo Capital, a Francophone Africa-focused multi-stage venture capital firm that backs tech-based small and medium enterprises, is set to rope in one of the largest .. ....

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MENA Digest: Bahrain's Daleel, Oman's Mubashir raise funding

Dealmaking activity in the Middle East and North Africa region remained muted this week amid Ramadan. The handful of startups that raised funding included Bahrain-based .. ....

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