Getty Images LG Electronics said on Monday it would close down its loss-making smartphone business. In January, the South Korean electronics giant said it was looking at all options for the division after almost six years of losses totalling around $ 4.5bn (£3.3bn). LG had made many innovations including ultra-wide angle cameras, rising to third […]
Tag: Business
LG confirms it is closing down its mobile phone business
LG has confirmed it is exiting the global mobile phone business. The Korean company announced the news on Monday, April 5, local time, saying that leaving the “incredibly competitive” mobile phone sector will enable it to focus on growth areas “such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence, and business-to-business solutions, […]
The influencer effect: ‘Love Island star transformed my business’
Getty Images/Nick Fisher Say the word “influencer” and you may well hear audible groans – they don’t always enjoy the best of reputations. However for some people, influencer work has been a lifeline during the pandemic. Nick Fisher’s Hampshire-based furniture business Still & Bloom has suffered since Covid struck. Most of his clients were in […]
China Orders Ant Group to Revamp Its Business
The country’s central bank made clear its displeasure with the financial technology company, adding to the growing scrutiny of Chinese internet giants. Chinese regulators on Sunday ordered the financial-technology giant Ant Group to fix what they described as a litany of business failings, escalating a pressure campaign that has been building since the government abruptly […]
Slack sold to business software giant for $27.7bn
Reuters Salesforce has agreed to buy workplace messaging app Slack for $ 27.7bn (£20bn) in what would be one of the biggest tech mergers in recent years. Marc Benioff, boss of the business software giant, called the deal a “match made in heaven”. He has been pushing to expand the company’s software offerings and fend […]
Sneak Preview: MSI Summit Tiger Lake-powered business laptop
Enlarge Specs at a glance: MSI Summit E14, as tested OS Windows 10 Pro CPU 3.0GHz 4-core Intel i7-1185G7 (4.8GHz turbo) RAM 32GB LPDDR4 GPU Nvidia GTX 1650Ti MaxQ SSD 1TB Western Digital SN370 NVMe Battery 52.4Wh 3-cell LiOn Wi-Fi Intel AX201 Wi-Fi 6 Display 14-inch 1080p IPS Camera 720p, top bezel mounted Connectivity one […]
Intel sells NAND chip business to SK Hynix for $9 billion
The audio problem Learn how new cloud-based API solutions are solving imperfect, frustrating audio in video conferences. Access here (Reuters) — Intel has agreed to sell its NAND memory chip business to SK Hynix for $ 9 billion in an all-cash deal that would propel the South Korean chipmaker to second in the global rankings. […]
Trump administration looking at banning business with China’s largest chip maker
The Trump administration is reportedly looking into adding China’s largest chipmaker to the Commerce Department’s entity list, which will severely restrict the company’s business with U.S. firms. A spokeswoman told Reuters that the Defense Department was working with other agencies to determine whether Semiconductor Manufacturing International Corporation should be blacklisted, similar to the treatment against […]
MSI buttons up, launches Summit business laptops with Tiger Lake
One of the Summit series laptops. MSI With these very important business laptops you, too, can look this soulless. MSI Keyboards and ports. MSI Here’s the Summit E13 Flip. MSI This week, PC-maker MSI held a “virtual summit” where it announced a plethora of new machines, largely driven by the launch of Intel’s 11th-generation CPUs. […]
Jeff Wilke, Amazon’s Chief of Consumer Business, Will Retire Next Year
SEATTLE — Jeff Wilke, the chief executive of Amazon’s vast consumer business, said on Friday that he planned to retire early next year after more than two decades with the company, in a rare changing of the guard at the top of the e-commerce giant. Mr. Wilke, 53, has been one of two chiefs of […]
Microsoft emerges as leading suitor for TikTok’s U.S. business, as Trump plans to order its divestiture from Chinese parent
“We may be banning TikTok,” Trump told reporters before leaving for Florida on Friday. “We may be doing some other things. There are a couple of options. But a lot of things are happening, so we’ll see what happens. But we are looking at a lot of alternatives with respect to TikTok.” The decision to […]
The Best Computer Monitors for Business in 2020
So much of your work happens with your eyes. Your workspace may have a powerhouse PC with a ton of storage, an excellent keyboard and mouse, and even a comfy chair, but if your monitor isn’t the right fit for what you do, your productivity will suffer. For a better display that lets you get more done, you want a […]
Google Stadia will support “a variety of business models”
Google’s Phil Harrison (you may remember him from his days at Sony). The YouTube-to-Stadia interface, as shown at GDC. Specs for Google’s Stadia data centers. How many screens can you play Assassin’s Creed Odyssey on? Stadia on a laptop. Stadia on a smartphone. Stadia on, well, another system. The logo for Google’s new gaming service. […]
Nvidia CEO maintains that cryptocurrency mining “is not their business”
With interest in cryptocurrency and crypto mining at an all time high, some were surprised that NVIDIA didn’t focus on that segment at its annual GPU Technology Conference (GTC). The company has had a rocky relationship with crypto-miners, who have in recent years intensified demand for NVIDIA’s GPUs. While this is good for the bottom […]
Nvidia’s GTC keynote was big on business, but ignored gamers and miners
This morning was the opening keynote of the annual GPU Technology Conference (GTC), Nvidia’s big annual show. CEO Jansen Huang took to the stage and made a number of interesting announcements, including the unveiling of the world’s largest GPU — the GDX-2 — and some impressive deep learning demos powered by Nvidia’s move into AI. […]