Bloomberg:
Sources: Foxconn recalled 300+ Chinese engineers from its Indian iPhone factories over the past two months, a blow for Apple as it ramps up iPhone 17 production  —  The bulk of Foxconn's Chinese staff at iPhone plants in southern India have been told to fly back in a move that began about two months ago …

Paramount has agreed to pay $16 million to resolve President Donald Trump’s lawsuit against its subsidiary CBS, clearing a path for the administration to approve the media giant’s multibillion-dollar merger with Skydance Media. In a statement seen by CNN on Tuesday night, Paramount said the settlement payment is inclusive of Trump’s legal fees and costs, […]

Jonathan Stempel / Reuters:
A US judge rules that Huawei must face criminal charges in an indictment alleging racketeering, stealing trade secrets, and bank fraud tied to Iran sanctions  —  A U.S. judge on Tuesday rejected Huawei Technologies' bid to dismiss most of a federal indictment accusing the Chinese telecommunications company …

Tracy Qu / Wall Street Journal:
Alibaba plans $7B in delivery and shopping subsidies over the next 12 months, opens Singapore AI hub, and plans new data centers in Malaysia and the Philippines  —  The company plans to launch new data centers in Malaysia and Philippines  —  Alibaba Group is readying a $7 billion boost …

SemiAnalysis:
A deep dive into Oracle's data center strategy and its emergence as an AI computing powerhouse, amid questions about the sustainability of the GPU business  —  Stargate, OpenAI, ByteDance, Unique Datacenter Strategy, Investment Grade Neocloud, Revenue and EBIT Forecast