A South Korean flag, left, and Samsung Electronics flag fly outside the company’s headquarters in Seoul, South Korea, on July 5, 2019. Jean Chung | Bloomberg | Getty Images SINGAPORE — Samsung Electronics on Thursday said it expects a decline in profit in the three months that will end on Dec. 31 due to weak
Technology
Apple’s launch promotional material of the New iPhone12 Pro seen displayed on a mobile phone screen with an Apple logo in the background. Pavlo Gonchar | LightRocket | Getty Images LONDON — Apple has quietly increased its efforts to develop its own search technology for iPhones, according to a report by The Financial Times (FT),
President Donald Trump holds a campaign rally at HoverTech International in Allentown, Pennsylvania, October 26, 2020. Saul Loeb | AFP | Getty Images Though Election Day is a week away, President Donald Trump’s campaign appears to have a victory ad ready to go on Facebook. A video in the ad shows the president’s face superimposed
Getty Images Amazon said Tuesday it’s hiring 100,000 seasonal employees to assist with increased demand over the holiday season. The employees will help pick, pack and ship customer orders across Amazon’s network of warehouses in the U.S. and Canada. Amazon will hire the most workers in California, Texas, Maryland, Georgia and New Jersey. Amazon hired
Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Gruenheide near Berlin. Odd Andersen | AFP | Getty Images Tesla paid CEO Elon Musk $3 million personally for 90 days worth of an important type of business insurance
The Ant Group logo and the Alibaba Group logo are displayed at the company’s headquarters in Hangzhou, China. Qilai Shen | Bloomberg | Getty Images Ant Group will raise $34.5 billion in its dual initial public offering (IPO) after setting the price for its shares on Monday, making it the biggest listing of all time.
Josephine Flood | CNBC There’s a quiet consensus emerging in the hallways and boardrooms of American media companies. They expect about 25 million U.S. households to cancel their pay-TV subscriptions over the next five years. This is on top of the 25 million homes that have already cut the cord since 2012. At least three
Grocery store workers and others stage a protest rally outside the Whole Foods Market, in the South End of Boston, to demand personal protective equipment, added benefits if needed and hazard pay, during the coronavirus pandemic on Apr. 7, 2020. Pat Greenhouse | Boston Globe | Getty Images Amazon warehouse workers have a long history
Foundem creators Shivaun and Adam Raff stand outside of the European Court of Justice for Google’s appeal hearing in its competition case in 2020. Shivaun Raff When Shivaun Raff began speaking with European regulators about her complaints of Google’s exclusionary conduct over a decade ago, she seemed to stand more or less alone. “Where is
A Tesla Model S (L) and Model X are displayed at a shopping mall in Hong Kong on March 10, 2019. Vivek Prakash | AFP | Getty Images Tesla is recalling 48,442 of its Model S and Model X electric vehicles, which were made in the U.S. and sold to customers in China, over potentially
Customers at the Apple Store in George Street look at the new iPhone 12 on sale on October 23, 2020 in Sydney, Australia. James D. Morgan | Getty Images Your new iPhone 12 doesn’t come with a wall plug in the box. Yes, that’s annoying. And yes, that means you’ll need to drop $19 on
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., listens during a panel discussion at the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 26, 2018. Mark Kauzlarich | Bloomberg | Getty Images Uber and Lyft must comply with a preliminary injunction requiring them to stop classifying drivers as independent contractors pending
Pedestrians wearing protective masks walk past a Microsoft Technology Center in New York, on Wednesday, July 22, 2020. Jeenah Moon | Bloomberg via Getty Images Lawyers who prosecuted Microsoft over alleged antitrust violations in the late 1990s saw some familiar tactics in the Justice Department’s complaint against Google filed Tuesday. But it’s far from a
GUANGZHOU, China — Ant Group has cleared the final regulatory hurdle for its massive initial public offering (IPO) with the pricing of its shares slated to be released within the next week. On Wednesday, the China Securities Regulatory Commission gave the green light for Ant Group’s dual Shanghai and Hong Kong listing to go ahead.
Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China, January 7, 2019. Aly Song | Reuters Elon Musk’s electric car and renewable energy company, Tesla, reports third-quarter results after the bell on Wednesday. Here’s what Wall Street analysts are expecting, per an average of analyst estimates compiled by Refinitiv: Earnings
Amazon on Wednesday launched one-hour grocery pick-up at all Whole Foods locations nationwide. Amazon Amazon is making it faster for Prime members to place Whole Foods orders online and pick them up at the store, in the latest sign of growing demand for curbside pickup services. Amazon is launching free, one-hour grocery pickup for Prime