Samsung Mobile’s TM Roh Samsung Electronics on Thursday projected a three-fold jump in fourth-quarter operating profit from a year earlier to a record high as tight supply and a surge in artificial intelligence-driven demand stoked prices for conventional memory chips. The results highlight how chip prices have rocketed as chipmakers scramble to keep up with…
Amazon robots used in a warehouse to pick stock. (Picture: Amazon) Amazon.com has become the latest in a list ofcompanies that will be downsizing because of artificial intelligence (AI) andautomation eliminating the need for thousands of jobs. However,as a percentage of the global workforce, the number of jobs currently beinglost to AI is minuscule. Alan…
Datatec Group CEO Jens Montanana JSE-listed IT multinational Datatec Group has more than doubled its interim dividend after reporting a 109.5% year-on-year jump in headline earnings per share in the six months to end-August 2025. The group, which owns Westcon and Logicalis, declared a dividend of R1.75/share, up 133.3% compared to the dividend of 75c…
Geneva — About 4 million people are now displaced across Burkina Faso, Mali, Niger, and neighbouring countries – about two-thirds more than five years ago – the UNHCR (UN Refugee Agency) regional head for West and Central Africa, said on Friday. Abdouraouf Gnon-Konde addressed a UN press conference in Geneva, saying that the increase in…
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s Kospi index jumped more than 3% Thursday to hit an all-time high, lifted by gains in heavyweight Samsung Electronics and SK Hynix. Shares in Samsung Electronics and SK Hynix, which announced a partnership with OpenAI late Wednesday to supply memory chips, rose over…
Alphabet’s shares closed over 9% higher on Wednesday, adding about $210 billion to the company’s market value, after a U.S. judge ruled against breaking up the Google parent company. The decision by Judge Amit Mehta allows Google to maintain control of its Chrome browser and Android mobile operating system, while also continuing to make significant…
More than a billion people worldwide are living with mental health conditions, according to new data released by the World Health Organization (WHO) on Tuesday. Disorders such as anxiety and depression are exacting a heavy toll on individuals, families and economies, yet most countries are failing to provide adequate support. Mental health problems are widespread…
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block shares jumped more than 10% in extended trading on Friday, as the fintech company gets set to join the…
The number of young children sickened after getting their little hands on nicotine products like pouches and vape e-liquids has skyrocketed in recent years. From 2010 through 2023, U.S. poison centers reported 134,663 cases of nicotine poisonings among kids under age 6, according to a study published Monday in Pediatrics, a journal of the American…
People check out an electric SUV Xiaomi YU7 at a Xiaomi Store in Hangzhou in east China’s Zhejiang province Thursday, June 26, 2025. Feature China | Future Publishing | Getty Images Hong Kong-listed shares of China’s Xiaomi surged over 5% to hit a record high on Friday, a day after its electric car drew a strong…
