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09.05.26 - 20:54
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Legendary Candy Company Killed After 141 Years By Soaring Costs (ZeroHedge)
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Legendary Candy Company Killed After 141 Years By Soaring Costs
Soaring expenses for raw materials and labor have delivered a blow to yet another longtime business, claiming Lammes Candies, a family-owned confectioner that has operated in the South for more than a century, FOX 7 Austin reports.
The Austin, Texas,-based company recently announced that it will begin an "orderly wind-down of operations" after 141 years of family ownership, according to a statement posted to its Facebook page.
"This was not an easy decision," the candy company wrote. "Lammes Candies has been more than a business – it has been a family legacy spanning generations."
"We've been so honored to be part of your celebrations and your sweetest moments," the company wrote in a separate post. "Now we're asking one last thing: savor every bite."
Lana Schmidt, the company's vice president, cited intensifying economic pressures for the closure in an interview with FOX 7 Au...
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08.05.26 - 21:12
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Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months (ZeroHedge)
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Taiwan Semiconductor April Sales Grow At Slowest Pace In 6 Months
Taiwan Semiconductor, world's largest dedicated independent semiconductor foundry, posted its slowest pace of monthly revenue expansion since October, highlighting the challenges of sustaining torrid AI-fueled pace of growth.
Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue can fluctuate month-to-month, the drop was notable; analysts expect the company's June-quarter revenue to grow almost twice as fast, or at about 35% which means that May and June sales will have to be gangbusters to compensate for April's slowness.
Taiwan's largest company has become an essential player in the global AI industry by making cutting-edge semiconductors for the likes of Nvidia and AMD. That's as Alphabet, Amazon.com, Meta and Microsoft said they are setting aside $725 billion for AI this year, significantly more than prev...
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08.05.26 - 20:24
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Impact of AI on Hiring, Workforce Trends (Bloomberg)
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Learning AI is becoming more and more crucial for workers to get hired, as 42% of recent grads are still underemployed. Clara Shih, founder and CEO of the New Work Foundation and former Head of Business at Meta, says she wants AI to be profitable not just for businesses, but for everyone - including the millions of 25-year-olds currently unemployed. She joins Caroline Hyde on "Bloomberg Tech." (Source: Bloomberg)...
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08.05.26 - 16:48
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Smart glasses are about to have their iPhone moment and Apple is late to the party (24/7 Wall St.)
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Smart glasses are entering their iPhone moment in 2026, and for the first time in a generation, Meta and Google are defining the inflection. Industry projections show category sales rising from 6 million units in 2025 to 20 million units in 2026, and Apple's flagship smart glasses do not ship until 2Q 2027, with full-display ... Smart glasses are about to have their iPhone moment and Apple is late to the party...
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08.05.26 - 11:30
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KI-Brille von Meta: Keine Pläne für „universelles Gesichtserkennungs-Tool“ (RND)
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Der Facebook-Konzern Meta will seine AI Glasses auch in Europa zum Erfolg machen. Doch Medienrecherchen lassen am Datenschutz der intelligenten Kamerabrille zweifeln. Im RND-Interview äußert sich Semjon Rens, Public-Policy-Director des Konzerns im DACH-Raum, zu den Vorwürfen – und dementiert auch die Einführung einer viel kritisierten Funktion....
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