Reading List

The most recent articles from a list of feeds I subscribe to.

Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021 (The Korea Herald)

The Korea Herald:
Coupang reports Q1 revenue up 8% YoY to $8.5B and a net loss of $266M following a 2025 Korean customer data breach, its largest loss since Q4 2021  —  US-listed e-commerce giant Coupang Inc. said Wednesday it swung to a net loss in the first quarter amid fallout from a massive customer data breach in South Korea.

CRM software company Freshworks said it plans to cut 11% of its workforce, or ~500 jobs, as it deals with AI's impact; FRSH has dropped ~26% in 2026 (Anhata Rooprai/Reuters)

Anhata Rooprai / Reuters:
CRM software company Freshworks said it plans to cut 11% of its workforce, or ~500 jobs, as it deals with AI's impact; FRSH has dropped ~26% in 2026  —  Freshworks (FRSH.O) said on Tuesday it would cut 11% of its workforce, or about 500 jobs, as the business-software company navigates …

US labor experts and economists warn US unemployment benefits are unlikely to protect against AI job losses, and the GOP-led Congress is doing little to prepare (New York Times)

New York Times:
US labor experts and economists warn US unemployment benefits are unlikely to protect against AI job losses, and the GOP-led Congress is doing little to prepare  —  Economists aren't sure if or when artificial intelligence will cause widespread job losses.  But they do agree on one thing …

Samsung reaches a $1T valuation, making it only the second Asian company after TSMC to hit the mark, after its stock rose 4x+ over the past year on the AI boom (Sangmi Cha/Bloomberg)

Sangmi Cha / Bloomberg:
Samsung reaches a $1T valuation, making it only the second Asian company after TSMC to hit the mark, after its stock rose 4x+ over the past year on the AI boom  —  Samsung Electronics Co. has reached a $1 trillion market valuation after booming demand for chips used in artificial intelligence saw …

Sources: the WH is mulling EOs to address security risks from advanced AI, including barring companies from "interfering" with the government's use of models (Politico)

Politico:
Sources: the WH is mulling EOs to address security risks from advanced AI, including barring companies from “interfering” with the government's use of models  —  A White House spokesperson said any official policy announcement would come directly from President Donald Trump …