Samsung Electronics has issued a public apology and acknowledged the company is considered to be in “crisis,” following the release of worse than expected profit guidance on Tuesday. The South Korean chip giant reported a preliminary operating profit of ₩9.1 trillion ($6.8 billion) for the third quarter, undershooting market expectations of a ₩10.3 trillion profit, according to LSEG SmartEstimates. While its expected operating profit has almost tripled compared with the same period a year ago, following a surge in memory chip prices, it is down almost 13 percent on the second quarter of this year. Read full article

Japanese tech giant Casio has suffered a cyberattack after an unauthorized actor accessed its networks on October 5, causing system disruption that impacted some of its services....

In recent months, first-time buyers had to put an average of 42,000 euros of their own money down to buy a house.

Dave Clark has had a rollercoaster of a time these past two years. After stepping down in June 2022 as CEO of Amazon’s worldwide consumer division — a role he held for over two decades — Clark relocated to Dallas to join supply chain logistics company Flexport. With a board mandate to prepare Flexport to […]

Distributional, an AI testing platform founded by Intel’s former GM of AI software, Scott Clark, has closed a $19 million Series A funding round led by Two Sigma Ventures. Clark says that Distributional was inspired by the AI testing problems he ran into while applying AI at Intel, and — before that — his work at […]

Learning an instrument is difficult for most people. That’s doubly the case when attempting to learn on your own. It’s the reason so many of us have dusty guitars and keyboards jammed up in our attic rafters amid the croquet mallets and badminton birdies of days past. The latest product from London-based Roli offers a […]

As the engine powering the world’s digital artists, Adobe has a big responsibility to mitigate the rise of AI-driven deepfakes, misinformation, and content theft. In the first quarter of 2025, Adobe is launching its Content Authenticity web app in beta, allowing creators to apply content credentials to their work, certifying it as their own. This […]

SpotHero, a parking startup that lets drivers reserve nearby parking spaces, announced on Tuesday that it has teamed up with Google to integrate its offering into Google Maps and Google Search, allowing users in the U.S. and Canada to reserve parking spots at over 8,000 locations. With the latest feature, users can find parking close […]