Bloomberg Technology
Samsung Electronics Executive Chai Lee Acquitted in Succession Case
A Seoul Central District Court acquitted Samsung Electronics Co. Executive Chairman Jay Y. Lee of stock manipulation charges. This lifts a weight off the word’s largest maker of memory chips and displays, which is struggling with a global downturn and a stiff challenge from Apple Inc. in smartphones and SK Hynix Inc. in the nascent field of AI. Yoolim Lee reports on Bloomberg…
Bloomberg Technology
Amazon’s earnings in under a minute
Amazon.com Inc.’s cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects, including artificial intelligence services. Ed Ludlow breaks down the #amazon #earnings #technology
Bloomberg Technology
Why did #elonmusk really go to #China #technology #shorts #podcast
#tesla shares soared following news of China’s tentative approval of the company’s driver-assistance system. On this episode of the Elon, Inc. podcast, we discuss what Musk’s surprise trip to Beijing could mean for Tesla and the world’s biggest auto market Read more:
Bloomberg Technology
Qualcomm CEO Amon on Smartphone Demand, China and AI
Qualcomm shares soared as much as 10% after the world’s biggest seller of smartphone processors gave an upbeat forecast, suggesting that demand for handsets is increasing after a two-year slump. Qualcomm CEO Cristiano Amon joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch…
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@ugwunnamdik591
February 5, 2024 at 10:43 pm
some(if not most) Investors are looking for a way to take leadership away from the Founding Families. For a good or bad reasons & intentions, the founding Family can’t allow that to happen. and they shouldn’t allow it (IMO)
(This is a similar event/scenerio that Elon Musk is trying to correct with Tesla by asking for 25% voting share)
@jansolo69
February 6, 2024 at 1:00 am
Typical corruption in Korea. Chaebol have no shame.
@kathyatty
February 6, 2024 at 9:13 am
S.Korea’s justice system is not working properly.