Whatever you think of the new Ferrari Luce EV, designed with help from Jony Ive, it doesn’t look much like a Ferrari. A few individual parts do, but it all adds up to something a little different.

Steve Jobs famously told Houston his startup was “a feature, not a product” when trying to acquire it back in 2009. Houston turned down the nine-figure buyout offer and Apple went on to launch iCloud.

The deal will pay some workers in Samsung’s highly profitable memory chip unit around $416,000 this year, while employees in other chip units will receive less, and those in its consumer electronics ...