Yesterday at 01:59 - Samsung Electronics Co Ltd said on Tuesday its first-quarter operating profit likely rose 3% from a year earlier, slightly beating analysts' forecasts as chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs....
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Tech news from Monday, April 6, 2020
Yesterday at 01:54 - The company, which makes everything from memory chips to refrigerators, projected higher revenue -- but the level wasn't quite as high as Wall Street expected....
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Yesterday at 23:32 - Industry groups are pushing back on proposed changes to U.S. export controls that would impact the sale of certain semiconductors and other technology to China, while highlighting the role chips play in addressing the COVID-19 pandemic....
Read more on ReutersYesterday at 20:31 - Peloton Interactive Inc said on Monday it would pause live production of its exercise videos at its New York and London studios through April 30 amid the outbreak of the coronavirus....
Read more on ReutersYesterday at 19:44 - Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of U.S. securities laws....
Read more on ReutersYesterday at 15:18 - Finland's largest tech event Slush, which was scheduled for November 2020, said on Monday it has decided to cancel the conference due to the spread of the new coronavirus....
Read more on ReutersYesterday at 15:10 - Uber Technologies Inc said on Monday its app will list job openings in the delivery, food production and grocery industry that can be accessed by its U.S. drivers who have been hit by a slump in ride-hailing demand due to the coronavirus....
Read more on ReutersYesterday at 14:59 - The European Data Protection Supervisor (EDPS) called on Monday for a pan-European mobile app to track the spread of the coronavirus instead of the current hodge-podge of apps used in various EU countries which could breach people's privacy rights....
Read more on ReutersYesterday at 14:44 - International Business Machines Corp on Monday named former Bank of America Corp top technology executive Howard Boville head of its cloud business, as Arvind Krishna takes over from long-time chief Ginni Rometty....
Read more on ReutersYesterday at 14:20 - Sales at Taiwan's Hon Hai Precision Industry, a key supplier of Apple Inc's products known by its trade name Foxconn, were down by 7.7% in March....
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