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.
Yuichiro Chino | Moment | Getty Images Bitcoin rose on Thursday, recovering some of its losses from the previous day, when the cryptocurrency sold off on concerns about the potential of a bitcoin exchange-traded fund approval that many expect as soon as next week. The flagship cryptocurrency was last higher by about 3% at $43,870.01,…
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. 11, 2024 10:51 am ET We get it. Turning on two-factor authentication for your online accounts can be a pain. But like going to the dentist, it’s just something you have to do. On Tuesday, someone broke into the Securities and Exchange Commission’s official X account and tweeted that spot bitcoin exchange-traded funds had been…
Prosecutors in New York are thought to be on the brink of filing an indictment against Donald Trump over a hush money payment to former adult film star Stormy Daniels. It would mark the first time in US history that a president, past or present, would face criminal charges. Many are envisioning — some gleefully…
Bloomberg | Bloomberg | Getty Images Bitcoin miners fell Thursday, giving back earlier gains, as the price of the cryptocurrency retreated in volatile trading following the U.S. Securities and Exchange Commission’s approval of the first U.S. spot bitcoin exchange-traded funds. The two biggest mining stocks, Marathon Digital and Riot Platforms, lost 12% and 15%, respectively. Iris Energy fell 6% and CleanSpark…
The Biden administration needs to take stronger action to stem China’s growing dominance in making older-generation microchips that are essential across several U.S. industries, according to the bipartisan leaders of a House of Representatives panel. The lawmakers’ call for new efforts, including potential tariffs, is intended to counteract an overreliance on China for less-advanced chips,…