RPT-EXCLUSIVE-Samsung Elec plans global job cuts of up to 30% in some divisions, sources say Repeats story filed on Sept 11 with no changes By Seunggyu Lim and Aditya Kalra SEOUL/NEW DELHI, Sept 11 (Reuters) - Samsung Electronics 005930.KS , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.

BREAKINGVIEWS-Apple offering a peek at AI’s financial reality The author is a Reuters Breakingviews columnist. The opinions expressed are his own. By Robert Cyran NEW YORK, Sept 11 (Reuters Breakingviews) - It’s unclear yet if the AI boom is simply a solution in search of a problem. Apple AAPL.O may provide an early answer. Its iPhone 16, optimized for a range of machine-learning features, is due to hit stores next week.

Cyberattacks on US utilities surged 70% this year, says Check Point By Seher Dareen and Vallari Srivastava Sept 11 (Reuters) - U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating threat to a critical infrastructure. The utilities and power infrastructure across the U.S.

UPDATE 2-Angel Studios to go public via $1.6 bln SPAC deal Adds details from the statement in paragraphs 5-6 Sept 11 (Reuters) - Angel Studios said on Wednesday it would go public in the U.S. via a merger with blank-check firm Southport Acquisition Corp in a deal valued at $1.6 billion. The company, whose movie "Sound of Freedom" was among the top 10 highest grossers in the U.S.

RPT-Huawei's tri-foldable phone stirs Chinese pride but $2,800 price tag panned Repeats story first published on 11 September Tri-foldable phone seen as triumph over US sanctions Huawei fans say the company has out-innovated Apple But most consumers say they won't buy it - Weibo poll BEIJING, Sept 11 (Reuters) - Huawei's new tri-foldable smartphone has ignited nationalistic pride in China with social media abuzz with what supporters see as its ability to out-innovate Apple AAPL.O despite U.S.