Samsung Electronics Co Ltd said on Thursday third-quarter operating profit likely rose 58per cent as strong smartphone, TV and home appliance sales and increased chip shipments offset the effects of weak memory chip prices.
British Airways will bid farewell to its final London-based Boeing 747s on Thursday with a rare synchronised dual take off for the "Queen of the Skies", the jet which brought long-haul flights to the masses.
Tesla co-founder J.B. Straubel wants to build his startup Redwood Materials into the world's top battery recycling company and one of the largest battery materials companies, he said at a technology conference Wednesday.
Unemployment is seen as the biggest worry over the next 10 years for business executives around the world, closely followed by concern about the spread of infectious diseases, according to a survey by the World Economic Forum.
Tesla co-founder J.B. Straubel wants to build his startup Redwood Materials into the world's top battery recycling company and one of the largest battery materials companies, he said at a technology conference Wednesday.
A pair of U.S. bank regulators ordered Citigroup Inc to clean up "several longstanding deficiencies" in a new enforcement order against the bank.
If Nvidia Corp buys Arm Ltd from SoftBank Group Corp , Arm will keep "firewalls" in place to ensure the data center chip company does not access confidential information from Arm's customers or get early access to Arm's products, a top Arm executive told Reuters on Tuesday.
Microsoft Corp said https://twitter.com/MSFT365Status/status/1313914157243269121 on Wednesday it was investigating an issue affecting users' access to its 365 services, including Teams and Outlook.
The White House's sudden exit from fiscal stimulus talks with Democrats in Congress has added another level of doubt to a U.S. economic recovery that already seemed to be weakening, choking off perhaps US$1.5 trillion or more in future income and spending.
A scathing report detailing abuses of market power by four top technology companies suggests a tough road ahead of new rules and stricter enforcement for Big Tech should Democratic presidential candidate Joe Biden win the White House.
