31/01/2024

Business

Samsung reports sharp drop in operating profits

Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices.

Business

Universal Music warns it will pull songs from TikTok

Universal Music Group warned Tuesday that it would pull its songs, which include those by Taylor Swift and The Weeknd, from TikTok after a breakdown in talks over issues such as the compensation of artists.

Business

Microsoft profit soars 33% on AI, cloud-computing investments

Microsoft Corp. said Tuesday that its profit for the October-December quarter soared 33%, powered by its significant investments in artificial intelligence technology. The company said that increase largely reflected growth ...

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