by Charbel Lebbos | Oct 7, 2022 | business, Technology
Technology giant Samsung has warned of a 32% slide in its profits as demand for electronic devices and the memory chips that power them shrinks due to the global economic slowdown. The South Korean company estimates its quarterly operating profit was about 10.8tn won...
by Charbel Lebbos | Oct 7, 2022 | business
Billionaire Elon Musk has said he aims to complete his purchase of Twitter by the end of the month, but the company “will not take yes for an answer”. In a court filing, he said the social media platform had raised concerns about the “theoretical...
by Charbel Lebbos | Oct 3, 2022 | business
It’s just over a week since the new Chancellor, Kwasi Kwarteng, presented his tax-cutting mini-budget. His aim was to kickstart economic growth. But it seems to have kickstarted a crisis of confidence, a jump in mortgage rates, and calls for a complete U-turn....
by Charbel Lebbos | Sep 21, 2022 | business, Local News, Technology
The move, which is bound to heighten tensions with Beijing, is designed to focus on specific types of transactions that would give a foreign power access to key technologies. WASHINGTON — President Biden will sign anexecutive order on Thursdaydesigned to sharpen...
by Charbel Lebbos | Sep 20, 2022 | business
CLEVELAND, Ohio — More than 1,000 Cleveland residents living in public housing have gained access to high-speed, low-cost broadband internet connection. The project is a partnership between nonprofit DigitalC and Facebook parent company Meta. It is part of...
by Charbel Lebbos | Sep 16, 2022 | business
A jersey worn by basketball icon Michael Jordan during the opening game of the 1998 NBA Finals has been sold for a record $10.1m (£8.8m). This is the most a piece of sporting memorabilia has fetched in history. Auction house Sotheby’s says the item drew...
Recent Comments