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Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images South Korea’s Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia.  […]

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand Read More »

Waymo to begin testing in Philadelphia with safety drivers behind the wheel

Waymo to begin testing in Philadelphia with safety drivers behind the wheel

A Waymo autonomous self-driving Jaguar electric vehicle sits parked at an EVgo charging station in Los Angeles, California, on May 15, 2024. Patrick T. Fallon | AFP | Getty Images Waymo said it will begin testing in Philadelphia, with a limited fleet of vehicles and human safety drivers behind the wheel. “This city is a

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Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino

Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 23, 2022 Tim Cook waves the chequered flag to the race winner Red Bull’s Max Verstappen  Mike Segar | Reuters Apple had two major launches last month. They couldn’t have been more different. First, Apple revealed some

Apple scores big victory with ‘F1,’ but AI is still a major problem in Cupertino Read More »

Trump advisor Navarro rips Apple’s Tim Cook for not moving production out of China fast enough

Trump advisor Navarro rips Apple’s Tim Cook for not moving production out of China fast enough

White House trade advisor Peter Navarro chastised Apple CEO Tim Cook on Monday over the company’s response to pressure from the Trump administration to make more of its products outside of China. “Going back to the first Trump term, Tim Cook has continually asked for more time in order to move his factories out of

Trump advisor Navarro rips Apple’s Tim Cook for not moving production out of China fast enough Read More »

Ethereum is powering Wall Street’s future. The crypto scene at Cannes shows how far it’s come

Ethereum is powering Wall Street’s future. The crypto scene at Cannes shows how far it’s come

CANNES — Wall Street’s new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May. The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with crypto founders, developers, and some

Ethereum is powering Wall Street’s future. The crypto scene at Cannes shows how far it’s come Read More »

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats

OpenAI CEO Sam Altman, pictured, speaks with SoftBank Group CEO Masayoshi Son at an event in Tokyo on Feb. 3, 2025. Tomohiro Ohsumi | Getty Images News | Getty Images OpenAI CEO Sam Altman posted on X Friday, saying he finds himself “politically homeless” as the Democratic party is no longer aligned with encouraging a

OpenAI CEO Sam Altman says he’s ‘politically homeless’ in July 4 post bashing Democrats Read More »

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed

Tesla CEO Elon Musk speaks alongside U.S. President Donald Trump to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Tesla CEO Elon Musk, who bombarded President Donald Trump’s signature spending bill for weeks, on Friday made his first comments since the legislation

Musk backs Sen. Paul’s criticism of Trump’s megabill in first comment since it passed Read More »

IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending

IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending

Jeremy Allaire, CEO and co-founder of Circle Internet Group, the issuer of one of the world’s biggest stablecoins, and Circle Internet Group co-founder Sean Neville react as they ring the opening bell, on the day of the company’s IPO, in New York City, U.S., June 5, 2025. NYSE For over three years, venture capital firms

IPO market gets boost from Circle’s 500% surge, sparking optimism that drought may be ending Read More »

Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company

Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company

The Tripadvisor logo is displayed on a tablet. Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Tripadvisor stock jumped 10% Thursday after Starboard Value revealed a more than 9% stake in the online travel company, according to a securities filing. The position was valued at about $160 million as of Wednesday’s close. Tripadvisor

Tripadvisor stock surges 10% as Starboard Value builds sizable stake in online travel company Read More »

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