Samsung warns fourth-quarter profit could plunge 35%, misses expectations

Samsung warns fourth-quarter profit could plunge 35%, misses expectations

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…

Here’s how an iPhone survived a 16,000-foot fall from a plane

Here’s how an iPhone survived a 16,000-foot fall from a plane

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…

Juniper Networks jumps after WSJ reports on potential sale to HPE

Juniper Networks jumps after WSJ reports on potential sale to HPE

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…

WSJ News Exclusive | Hewlett Packard Enterprise Near Deal to Buy Juniper Networks

WSJ News Exclusive | Hewlett Packard Enterprise Near Deal to Buy Juniper Networks

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…

Samsung is betting your home needs an AI robot with a projector

Samsung is betting your home needs an AI robot with a projector

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…