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AI & Enterprise

Why Steve Jobs and IBM\'s alliance of the century fell apart at the last minute

The collapse of a planned alliance between IBM and NeXT, founded by Steve Jobs after he was forced out of Apple in 1985, is widely known. The deal would have had IBM license NeXTSTEP for its PCs and engineering workstations. Author Brent Schlender wrote that Jobs’ inflexibility helped unravel the talks. A book recounts IBM’s preparations and a planned $30 million payment. The agreement fell apart after Jobs failed to show up for a Dallas presentation.

Industry

SK Hynix wage talks tentative deal rejected in union vote, talks to resume

A tentative 2026 wage and collective agreement reached by SK Hynix labor and management after two months of talks was rejected in a union vote. The union said 50.08 percent voted against and 49.92 percent voted in favor, a margin of 25 votes. Turnout was 93.81 percent, with 15,045 of 16,083 members participating. The sides will return to negotiations, with talks expected to focus on the performance bonus payment structure.

Industry

SK hynix to pay 60 percent of bonuses in treasury shares, wages to rise 6.3 percent

SK hynix and its labour union have reached a tentative wage and collective bargaining agreement that changes how profit-sharing bonuses are paid. Under the proposal, 40 percent of the profit-sharing payment will be paid in cash and 60 percent in the company’s own shares. Of the share portion, 40 percent can be sold the next day, while 20 percent will be deferred with selling restrictions. Wages will rise 6.3 percent.