Samsung warns of worse than expected profits fall
The announcement comes as global demand for consumer electronics remains weak after the pandemic.
The announcement comes as global demand for consumer electronics remains weak after the pandemic.
Technology 12 December 2023, 5:21 am 1 minute Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine. The EU competition enforcer…
Comment on this storyComment Add to your saved stories Save A commercial spacecraft bound for the lunar surface lifted off from Cape Canaveral, Fla., early Monday in the first launch of a U.S. space mission designed to land softly on the moon since the last of the Apollo flights in 1972. But after it separated…
EconomyTechnology 23 November 2023, 1:46 pm 1 minute Reuters exclusively reported that Amazon (AMZN.O) is set to win unconditional EU antitrust approval for its $1.4 billion acquisition of robot vacuum maker iRobot (IRBT.O). Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a…
Supermarkets and other retailers are increasing switching to AI-powered digital price displays.
Technology 01 December 2023, 4:40 am 1 minute Reuters reported that Google (GOOGL.O) has called on Britain’s antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices had left rivals at a significant disadvantage. Market Impact In 2022, Amazon Web Services (AWS) and Microsoft’s Azure had a combined 70-80% share of Britain’s public…
Updated Jan. 7, 2024 12:01 am ET SINGAPORE—After U.S. regulations barred Nvidia from selling its high-performance artificial-intelligence chips to China in October, the company’s engineers quickly designed a new lineup to comply with the tightened rules. The U.S. tech company may have found some wiggle room, but it faces a bigger problem: Chinese cloud companies—some…