Samsung Q2 strong on server chip demand, smartphone cloud outlook

Samsung Q2 strong on server chip demand, smartphone cloud outlook

The logo of Samsung Electronics is seen at its office building in Seoul, South Korea March 23, 2018. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register Profit likely up 15% to 14.46 trillion won -Refinitiv SmartEstimate It would be the highest April-June profit since 2018 Second-quarter chip revenue likely soared 49%, analysts … Read more

Exxon exodus turns floating ‘cube’ into internet meme

Exxon exodus turns floating ‘cube’ into internet meme

HOUSTON, Oct 4 (Reuters) – Exxon Mobil’s trophy US campus is becoming an internet meme. The visually stunning complex, sometimes compared to Apple’s Ring and Alphabet’s Googleplex campuses, opened in 2014 as Exxon stood atop the global oil market. Its centerpiece is a giant cube that appears to float above the office and research center. … Read more

EXCLUSIVE meta girds for ‘fierce’ headwinds, slower growth in second half – memo

EXCLUSIVE meta girds for ‘fierce’ headwinds, slower growth in second half – memo

June 30 (Reuters) – Meta Platforms Inc, owner of Facebook (META.O) is bracing for a leaner second half as it faces macroeconomic pressures and data privacy breaches from its advertising business, according to an internal memo seen by Reuters on Thursday. The company needs to “prioritize more ruthlessly” and “operate leaner, meaner, better-executed teams,” chief … Read more

It’s alive! How Belief in AI’s Sensitivity Becomes a Problem

It’s alive!  How Belief in AI’s Sensitivity Becomes a Problem

OAKLAND, California, June 30 (Reuters) – Artificial intelligence chatbot company Replika, which offers its customers bespoke avatars that talk to and listen to them, says it receives a handful of messages almost daily from users who think their online friend is sensitive. “We’re not talking about crazy people or people who have hallucinations or delusions,” … Read more

Asian stocks suffer a painful quarter, the dollar in poor health

Asian stocks suffer a painful quarter, the dollar in poor health

Men wearing protective face masks amid the coronavirus disease (COVID-19) outbreak use mobile phones in front of an electronic board displaying Japan’s Nikkei Index outside a brokerage in Tokyo, Japan, June 16, 2022. REUTERS/Kim Kyung-Hoon Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Nikkei skids 1.5%, Wall St futures fall 0.4% Japanese … Read more

1 in 3 applications denied for rent assistance in California, thousands still waiting

1 in 3 applications denied for rent assistance in California, thousands still waiting

Eviction protections are about to expire, thousands of Californians are waiting or being denied emergency rent assistance Statewide eviction protections end on June 30. This will have a huge impact on the tens of thousands of Californians who are still waiting for an answer or money from the COVID-19 Emergency Rental Assistance Program. SACRAMENTO, Calif. … Read more

A Georgia mother charged with murdering children in a house fire has refused bail; father asks for help

A Georgia mother charged with murdering children in a house fire has refused bail;  father asks for help

Mother charged with killing children in fire As a mother faces murder charges related to a deadly fire in Paulding County, the father of the three children who were killed has asked for compassion, prayers and financial assistance as his family copes to tragedy. PAULDING COUNTY, GA. – As a mother faces murder charges related … Read more

Taliban demand release of funds frozen after deadly earthquake

Taliban demand release of funds frozen after deadly earthquake

The earthquake killed more than 1,000 people Sanctions and frozen central bank assets are curbing the flow of funding Taliban spokesman says relief must be prioritized KABUL, June 25 (Reuters) – Afghanistan’s Taliban administration on Saturday called on international governments to roll back sanctions and lift the freeze on central bank assets following the earthquake … Read more

Russia Destroyed Satellite Internet in Ukraine – Western Officials

Russia Destroyed Satellite Internet in Ukraine – Western Officials

United States: a Russian hack aimed at disrupting Ukrainian communications UK: hack was ‘deliberate and malicious’ EU: Attack on Viasat caused “blind” blackouts Russia regularly denies carrying out cyberattacks NEWPORT, Wales, May 10 (Reuters) – Russia was behind a massive cyberattack on a satellite internet network that knocked tens of thousands of modems offline at … Read more

Markets cut inflation expectations as copper slides

Markets cut inflation expectations as copper slides

S&P futures up 0.7%, European stocks gain 0.82% MSCI global stocks eye 2.4% weekly rise Copper falls more than 7% over a week, oil down 3% German 10-year bond yields fall 5 basis points LONDON/SINGAPORE, June 24 (Reuters) – Global equities and benchmark U.S. bonds headed for their first weekly gain in a month on … Read more