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Samsung hopes 5G will save its slumping profits this year
Samsung Electronics just released fourth-quarter earnings that told much the same story as the rest of 2019. Revenue was more or less flat year-on-year — up 1 percent to 59.9 trillion won ($50.7 billion) — while operating profit slid 34 percent to 7.1 trillion won ($6 billion). The primary reason…
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Tesla closes Shanghai factory over coronavirus concerns
Tesla was ordered by the Chinese government to shut down its Shanghai factory over concerns about the coronavirus, a closure that will delay Model 3 production and ultimately put slight downward pressure on profits in the first quarter, the automaker’s finance chief Zach Kirkhorn said during an earnings call Wednesday.…
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Nokia’s next flagship could get an under-display selfie camera
Last month, we reported on a rumor that Nokia’s next flagship would be delayed until the latter half of 2020 in an effort to avoid obsoletion at launch. Now, a new rumor from the same source suggests Nokia may have finally found the killer feature that will allow its upcoming…
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Overwatch League cancels February and March games in China following coronavirus outbreak
The Overwatch League’s plans for a truly global e-sports league have taken a major hit. Today, Blizzard announced that the China-based games taking place in February and March planned for the 2020 season have been canceled following the outbreak of the coronavirus. In a statement posted this evening to Twitter,…
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Fortnite players can compete for the first tournament-exclusive skin this weekend
Epic has announced an in-game Fortnite tournament for this weekend that’s timed with the Australian Open, and players who compete will have a shot to earn the game’s first-ever competition skin. The in-game item can only be earned by placing well in the tournament. But there is a catch —…
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Facebook will pay $550 million to settle class action lawsuit over privacy violations
Facebook will pay over half a billion dollars to settle a class action lawsuit that alleged systematic violation of an Illinois consumer privacy law. The settlement amount is large indeed, but a small fraction of the $35 billion maximum the company could have faced. Class members — basically Illinois Facebook…
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