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Samsung warns fourth-quarter profit to miss forecasts
South Korea's Samsung Electronics said Wednesday it expected fourth-quarter profits to fall sharply from the previous quarter and miss forecasts as it struggled to meet robust demand for chips used in artificial intelligence servers.
Asian markets mixed after Wall St hit by US inflation fears
Equities wavered on Wednesday as sentiment was knocked by a sell-off on Wall Street that was sparked by data indicating the US economy and jobs market remained robust, further denting hopes for interest rate cuts. "Recent Fed signals suggest a cautious approach to rate cuts amid a resilient job market and sticky inflation," said Stephen Innes.
Big Tech rolls out the red carpet for Trump
Tech leaders continue to fall in line around Donald Trump, with Facebook's announcement that it would end its US fact-checking program the latest victory for the president-elect and his billionaire advisor Elon Musk.
US company Firefly Aerospace to launch for Moon next week
US company Firefly Aerospace said Tuesday it is aiming to launch a lander to the Moon next week under an experimental NASA program that partners with the commercial sector to reduce costs. Firefly Aerospace was awarded a $93 million contract in 2021 under NASA's Commercial Lunar Payload Services (CLPS) initiative.
NASA eyes SpaceX, Blue Origin to cut Mars rock retrieval costs
NASA announced Tuesday it may turn to Elon Musk's SpaceX or Jeff Bezos's Blue Origin to help reduce the soaring costs of returning Martian rocks collected by the Perseverance rover to Earth. "You all know that SpaceX and Blue Origin have already been ones that have expressed an interest, but it could be others as well," said Nelson.
Invisible man: German startup bets on remote driver
With no one in the driver seat, the SUV pulling up resembles an autonomous robotaxi like those becoming increasingly present in some cities -- but the car from German startup Vay is something else. In this way, Vay resembles a car rental company.
TVs get smarter as makers cater to AI lifestyles
Dazzling televisions that routinely star at the Consumer Electronics Show opening here Tuesday are getting ever smarter with an eye toward being at the heart of AI-centered lifestyles.
X's 'Community Notes': a model for Meta?
Meta chief Mark Zuckerberg said Tuesday that the group's platforms including Facebook and Instagram would in future imitate rival X's "Community Notes" feature rather than using professional fact-checkers. The bloc's Digital Services Act encourages platforms to fight misinformation with tools including professional fact-checkers.
US sanctions top Hungary minister over 'corruption'
The United States announced sanctions against the head of Hungarian Prime Minister Viktor Orban's cabinet on Tuesday for his alleged involvement in corruption. "This systemic corruption Antal Rogan represents is affecting Hungary's decision-making on issues that impact the security of the United States of America and our allies," US ambassador to Hungary David Pressman told a press briefing.
AFP
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