2026-06-23
South Korea’s chip worker bonuses are so large the central bank is treating them as an inflation risk
The semiconductor super-cycle has made South Korea’s chip workers extraordinarily well paid, and the country’s central bank is now worried about what happens when that money hits the wider economy. The Bank of Korea warned this month that performance bonuses at Samsung Electronics and SK Hynix could spread into broader wage increases and add upward […]<br /> This story continues at The [...]
2026-06-23
Honda signs multiyear solid-state battery deal with QuantumScape after scrapping its EV lineup
Honda R&D, the independent research arm of Honda Motor Company, has signed a multiyear joint research agreement with California-based QuantumScape to develop and manufacture solid-state battery cells. The deal, announced on June 18, makes Honda the second major automaker to formally partner with QuantumScape after Volkswagen. The agreement follows Honda’s completion of an in-depth technology [...]
2026-06-23
LastPass says hackers stole customer data through a supply chain breach at Klue
LastPass is notifying customers that their personal information and customer support case data were stolen after hackers breached Klue, a competitive intelligence vendor that held OAuth tokens granting access to LastPass’s Salesforce environment. The breach did not compromise LastPass’s own infrastructure or its customers’ encrypted password vaults. The stolen data includes names, phone numb [...]
