Samsung says second-quarter operating profit fell 95%
Samsung Electronics on Thursday reported a more than 95 percent plunge in operating profits in the second quarter owing to weak demand for memory chips.
Jul 27, 2023
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Business
News tagged with budget cuts
Business
Microsoft to cut staff again: reports
Microsoft is readying to cut more positions from its global workforce as tech giants continue paring headcount to ride out rough economic conditions, according to media reports on Tuesday.
Jan 18, 2023
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6
Business
Amazon to cut more than 18,000 jobs, CEO says
Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact the online retail giant had "hired rapidly" during the pandemic.
Jan 5, 2023
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31
Internet
Twitter aims to diversify beyond advertising, but can it be done?
Is it a pipe dream or a possibility? Elon Musk wants to meaningfully diversify Twitter's revenue stream beyond advertising, but no major social network has managed so far to go without ads altogether.
Nov 25, 2022
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35
Electronics & Semiconductors
Congress OKs bill to aid computer chip firms, counter China
The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, ...
Jul 28, 2022
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