Samsung is the world’s biggest maker of memory chips. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics on Tuesday said it expects to post a 35% drop in operating profit in the fourth quarter of 2023, missing expectations by a wide margin as a rebound in semiconductor prices likely narrowed losses in the South…
Comment on this storyComment Add to your saved stories Save The iPhone was lying on the ground, in airplane mode, with its battery half full. The screen, fully intact, showed a $70 receipt for two checked bags on Alaska Airlines flight 1282. A social media user by the name Sean Bates found the device while…
The videogame software provider Unity Software said on Monday that it would cut its work force by 25 percent, or roughly 1,800 jobs, in one of the first major tech industry layoffs this year. In a securities filing, Unity said the cuts would allow it to restructure and refocus “on its core business, and to…
Antonio Neri Anjali Sundaram | CNBC Juniper Networks shares soared more than 20% in extended trading on Monday after the Wall Street Journal reported that Hewlett Packard Enterprise is in “advanced talks” to acquire the company for around $13 billion. A deal could be announced as soon as this week, the Journal said, citing people…
For instance, lamppost electric vehicle (EV) charging is expanding. A big advantage of repurposing existing lampposts is that cities don’t have to dig in order to lay new cables, says Artis Markots, the chief executive of the Latvian start-up SimpleCharge, which is focusing on Central and Eastern Europe.
Updated Jan. 8, 2024 6:46 pm ET Unity Software plans to lay off about 25% of its workforce as the company works to recover from a major dust-up with customers last fall. The company will let go about 1,800 employees, according to a securities filing on Monday. The cuts come after Unity laid off more…
James Whitehurst, the former CEO of Red Hat. Adam Jeffery | CNBC Unity Software said Monday that it’s cutting 1,800 jobs, or about 25% of its workforce, in the latest round of layoffs at the gaming technology company. The stock jumped almost 5% in extended trading. Unity said in a regulatory filing that the cuts…
Updated Jan. 8, 2024 6:31 pm ET Hewlett Packard Enterprise is in advanced talks to buy Juniper Networks for about $13 billion, in a bid to better position the nearly 100-year-old technology company in the era of artificial intelligence. A deal between the two companies could be announced as soon as this week, according to…
Comment on this storyComment Add to your saved stories Save LAS VEGAS — CES, one of the world’s largest technology trade shows, has long featured individual gadgets that scoot in and out of rooms, control smart-home devices, or project streaming shows onto walls. Now Samsung is combining all of those capabilities into its next big…
Walter Prescher, a father with 10 children living at home, says internet access is essential to keep his household running smoothly. “With all the kids and all the chaos in the family, that [money] could go towards doing other activities for the kids,” Prescher told CBS News. He and his family live in College…
