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SK Hynix's Q4 operating profit grew over 20x YoY to ~$5.6B, beating Samsung's for first time, with HBM chips accounting for 40% of its total DRAM chip revenue (Song Jung-a/Financial Times)

Song Jung-a / Financial Times : SK Hynix's Q4 operating profit grew over 20x YoY to ~$5.6B, beating Samsung's for first time, wit...

2 May 2024

Peloton's CEO Barry McCarthy steps down as the company lays off ~15% of workforce, or ~400 people, its fifth layoffs since 2021, when it had 8,600 staffers (The Verge)

The Verge:
Peloton's CEO Barry McCarthy steps down as the company lays off ~15% of workforce, or ~400 people, its fifth layoffs since 2021, when it had 8,600 staffers  —  Peloton's CEO Barry McCarthy is stepping down after announcing yet another round of layoffs, this time affecting about 15 percent …

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