Samsung Elec sees second-qiarter profit fall as virus hits sales of smartphones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected its profit to decline in the current quarter, as strength in the chip business would be...
Samsung Elec first quarter operating profit up 3% as chips soften virus blow
Samsung Electronics Co Ltd said its operating profit rose 3% in the January to March period, in line with its earlier estimate, as the stay-at-home...
Uber tech chief Thuan Pham steps down
Uber Technologies Inc’s Chief Technology Officer Thuan Pham has resigned, effective May 16, the ride-hailing company said in a regulatory filing https://bit.ly/2SiLDZB on Tuesday....
Google parent Alphabet tops sales estimates despite virus hammering economy
Alphabet Inc on Tuesday beat analysts’ estimate for quarterly revenue as its Google unit experienced a smaller drop-off in advertiser spending than had been anticipated...
Chile’s Entel hopes for strong 2020 as demand for telecoms booms amid coronavirus crisis
Chile telecoms giant Entel expects strong performance this year in Chile and neighboring Peru as quarantine measures to combat coronavirus increase demand for its services,...
Huawei, InterDigital enter licensing pact, end patent litigation; InterDigital surges
InterDigital Inc, a developer of digital mobile and video technology, said on Tuesday it has entered a worldwide patent licensing agreement with China’s Huawei Technologies...
On AI: Meet your new maths teacher
Whether learning from home or back at school in smaller classrooms, AI platform Blutick could play a valuable role helping parents and teachers with teaching...
U.S. senator urges criminal probe of Amazon.com ‘predatory data practices’
Senator Josh Hawley urged the Justice Department on Tuesday to open a criminal probe of Amazon.com Inc, saying the online retailer was building a monopoly...
French contact-tracing app not ready yet, raises liberty issues: PM
French lawmakers will be allowed to debate and vote on the government’s contact-tracing app once the government is confident it can prevent a resurgence of...
Wirecard shares crash 26% after critical KPMG audit
An independent investigation by auditor KPMG into Wirecard found on Tuesday the German payments company did not provide sufficient documentation to address all allegations of...