TECHSTORY 522· JULY 29, 2026

SK Hynix earnings miss sends stock markets lower as oversupply debate returns

Stock markets extended an existing slide after memory chip earnings came in below what analysts had forecast. An earnings miss is the gap between what professional investors expected a compa

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SOURCE

ft.com

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01TECH

California wealth tax proposal pits populist anger against Silicon Valley's richest

A push to impose a wealth tax in California has set off a direct confrontation between the state's progressive electorate and the Silicon Valley billionaires working to defeat it. A wealth tax is a levy on the total value of everything…

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AI is changing entry-level jobs in professional services, not eliminating them

The fear that artificial intelligence would eliminate the first rung of knowledge-work careers is meeting its real test. In professional services (the broad term for businesses that sell expertise, including law firms and consulting…

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Artist gathers more than 350 anonymous confessions about what people really ask AI

More than 350 people have written down their private AI confessions and handed them, anonymously, to an artist who has spent a year collecting them. Artificial intelligence, or AI, is the category of software that can hold a text…

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