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Choi Seung-ho

AI turned Samsung into a $1 trillion company. Its workers want a bigger slice of the pie

By John Liu, Yoonjung Seo, CNN Hong Kong/Seoul (CNN) — Samsung Electronics has become one of the leading beneficiaries of the global artificial intelligence boom. Surging demand for semiconductors has turned South Korea’s largest corporation into a $1 trillion company this year, propelling Seoul’s stock market to rank as the world’s sixth-largest. But one segment

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The White House could issue as soon as Thursday an executive order pushing for a voluntary government review of new artificial intelligence models before they’re released publicly. President Donald Trump speaks to reporters as he leaves the White House on May 12.

White House postpones executive order on AI

By Hadas Gold, Kristen Holmes, CNN (CNN) — The White House on Thursday postponed plans for President Donald Trump to sign an executive order establishing a voluntary review process for artificial intelligence models before they’re released, according to a source familiar with the plans. Trump said he had delayed the EO signing because he “didn’t

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Elon Musk

SpaceX files for long-awaited public stock offering that could make Elon Musk a trillionaire

By David Goldman, Chris Isidore, CNN (CNN) — SpaceX revealed its long-awaited plans to go public on Wednesday, shedding light on the finances and leadership of one of the largest, best-known and yet most secretive private companies in history. Elon Musk’s rocket and satellite company revealed previously undisclosed details, including its board members, sales, profit,

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Target is starting to win back shoppers after a rough few years.

Target’s comeback strategy is working

By Nathaniel Meyersohn, CNN New York (CNN) — American shoppers are brushing off higher gas prices and finally spending money at Target again. Target’s comparable sales, which include both those at stores and online, grew 5.6% during its latest quarter — its best results in four years. The company raised its sales guidance for the

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Recessions are part of the normal economic cycle. While you can't shield yourself entirely from their negative effects

How to recession-proof your life

By Jeanne Sahadi, CNN (CNN) — The United States is not in a recession, but the normal economic cycle means it will be at some point. Exactly when is hard to predict. A nationwide recession is marked by a decline in economic activity over at least several months. Think lower consumer spending, higher job losses,

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