Tag: Technology
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Samsung manages to beat on earnings despite 84% drop in Q2 net profit
[ad_1] Samsung Electronics 005930, +1.29% posted above-consensus quarterly earnings despite an 84% drop in net profit for the second quarter, as the South Korean tech giant sees the memory-chip industry passing through a trough. The world’s largest manufacturer of memory chips, smartphones and televisions said Thursday that it expects global demand for technology products and…
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Everything coming Netflix in August 2023 — and what’s leaving
[ad_1] Netflix has a fairly sedate lineup for August 2023. The hit queer romantic comedy “Heartstopper” (Aug. 3) is back for its second season, as classmates/couple Nick (Kit Connor) and Charlie (Joe Locke) prepare for prom and head abroad to Paris. Season 1 earned critical praise and an adoring fanbase, and Season 2 promises more…
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ServiceNow’s stock gains on doubling of earnings, strong subscription sales forecast
[ad_1] ServiceNow Inc.’s stock was gaining 2% in extended trading Wednesday after the software company reported quarterly earnings more than doubled on strong subscription sales. “That’s the economics of the cloud,” ServiceNow Chief Executive Bill McDermott said in an interview Wednesday. “What’s incredible is we have a 99% renewal rate.” The software company NOW, -0.88%…
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Netflix attacked for posting AI jobs that pay $900K while writers, actors strike
[ad_1] Among the many reasons why Hollywood actors have joined screenwriters in a historic industry-stopping strike are calls for better pay, plus greater protections against the rise of artificial intelligence in developing scripts or using artist’s likenesses in movie and TV productions. So it shouldn’t come as a surprise that Netflix NFLX, -1.18% is catching…
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I’m a single parent with 2 kids, and owe $27,000 after being scammed. What now?
[ad_1] I’m a single parent with two kids, and fell victim to an online dating scam. I have no legal recourse as I did this on my own, thinking I was helping someone. My credit has now tanked. I owe $17,000 on one credit card, and I have two loans of $5,000 each. I have my…
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Nvidia estimates ‘may prove conservative’ as Microsoft, Google mentions of AI more than double
[ad_1] Microsoft Corp. and Alphabet Inc. mentioned “AI” so many times on their earnings conference calls that one bullish Nvidia Corp. analyst is beginning to think his above-consensus estimates may be too conservative. Jefferies analyst Mark Lipacis, who has a buy rating on Nvidia NVDA, -0.79%, noted that mentions of artificial intelligence on both Microsoft’s…
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Microsoft and Google can’t stop talking about AI, and this chart proves it
[ad_1] As Microsoft Corp. and Alphabet Inc. get more serious about artificial intelligence, they’re spending a lot more time discussing it with the investment community. That was clear Tuesday when the technology giants reported June-quarter results and offered Wall Street ever more of a glimpse into how AI could reshape their businesses and the services…