5G technology
Nokia reports 32% drop in profit but sees recovery in 2nd half
The Finnish telecoms group said sales should recover towards the end of 2024 with the help of orders from North America.
Adobe Analytics
US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day.
Abril Elfi
Musk Says SpaceX And X HQs Will Move To Texas Following New CA Trans Student Privacy Law
Elon Musk has stated that he will be moving both the SpaceX and X headquarters to Texas out of California following a new law by the California governor.
2024 election
Meta Removes Trump Account Restrictions With 2024 Election Looming
Meta, formerly Facebook, announced on Friday that the platform would be taking away restrictions from former President Donald Trump’s Meta and Instagram accounts in the next few weeks.
170 million Americans
US House committee votes to release closed-door hearing transcript in TikTok lawsuit
ByteDance, TikTok and a group of TikTok creators have filed suits to block the law that could ban the app if the company fails to divest by Jan. 19.
advanced glycation end-products
Samsung bolsters AI in foldable phones, health monitoring in smartwatch, ring
Samsung unveiled its latest foldable smartphones, making its priciest flagship model lighter and slimmer and bolstering AI functions.
000 workers
Samsung Electronics Workers Announce ‘Indefinite’ Strike Calling For Better Pay
Unionized workers at Samsung Electronics declared an indefinite strike Wednesday in a move to pressure South Korea’s biggest company to accept their calls for higher pay and other benefits.
Academia
Meta expands hate speech policy to remove more posts targeting ‘Zionists’
The Facebook and Instagram parent said in a blog post it would remove content “attacking ‘Zionists’ when it is not explicitly about the political movement.”
$24.8 billion
Boeing Agrees To Plead Guilty To Criminal Fraud Charges Related To 737 Max Crashes
Boeing has agreed to plead guilty to criminal fraud tied to the fatal 737 Max crashes that killed 346 people after the government determined the company violated an agreement that had protected it from prosecution for more than three years.
Ari Redbord
Crypto hacking thefts double to $1.4 bln in first half of 2024, researchers say
The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier.