Samsung quarterly profit set to slump 25%, first decline in nearly three years
Samsung Electronics Co Ltd’s (005930.KS) third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn saps demand for electronic devices and the chips that power them.
U.S. officials order Nvidia to halt sales of top AI chips to China
Chip designer Nvidia Corp (NVDA.O) said on Wednesday that U.S. officials told it to stop exporting two top computing chips for artificial intelligence work to China, a move that could cripple Chinese firms’ ability to carry out advanced work like image recognition and hamper Nvidia’s business in the country.
Tencent chief causes stir with repost of article on China’s economy
Pony Ma, the low-profile founder of tech giant Tencent Holdings, created a social media stir over the weekend by reposting an article on China’s economy, an unusual breaking of silence by a Chinese tech mogul on an increasingly sensitive topic.
Google signs 5-year deal to pay for news from AFP
Alphabet Inc’s Google will begin paying Agence France-Presse for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law.
