Category: Uncategorized

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SEOUL, July 6 (Reuters) – Samsung Electronics’ (005930.KS) June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant’s cash cow business despite a supply cut. Operating profit for the world’s biggest maker of… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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NEW YORK, July 5 (Reuters) – With Twitter already on the ropes, Meta’s (META.O) Mark Zuckerberg delivered another blow to Elon Musk on Wednesday, ramping up the tech billionaires’ rivalry with the launch of Instagram’s much-anticipated companion service Threads, a challenger to Twitter. “Let’s do this. Welcome to Threads,” Zuckerberg wrote in his first post… Continue reading article with gallery

Legalcategory

–  America First Legal, the conservative legal group  headed by former Trump adviser Stephen Miller,  threatened to sue U.S. law schools over racial preferences during admissions and hiring. –  O’Melveny & Myers hired a real estate finance lawyer from Shearman & Sterling, marking at least the fourth Shearman partner exit this week. –  Suspended Texas… Continue reading Legalcategory

TikTok asks US judge to block Montana ban before Jan. 1 effective date

WASHINGTON, July 5 (Reuters) – TikTok Inc on Wednesday asked a U.S. judge to block enforcement of Montana state’s ban on use of the Chinese-owned app before it takes effect on Jan. 1. TikTok, which is owned by China’s ByteDance and filed suit in May, asked U.S. District Judge Donald W. Molloy to issue a… Continue reading TikTok asks US judge to block Montana ban before Jan. 1 effective date

Stellantis wins bigger subsidies for Canada battery plant

July 5 (Reuters) – Stellantis-LG Energy Solution (LGES) (STLAM.MI) will resume construction of an electric-vehicle battery plant in Canada after the federal government and province of Ontario increased subsidies for the C$5 billion ($3.7 billion) project. The companies said on Wednesday battery production at the plant in the city of Windsor in Ontario was now… Continue reading Stellantis wins bigger subsidies for Canada battery plant

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

GM says it could face compliance challenges under new emissions rules

WASHINGTON, July 5 (Reuters) – General Motors (GM.N) said on Wednesday it could face compliance challenges under the Environmental Protection Agency’s proposed vehicle emissions rules and other state and federal regulations, as it cited requirements on electric vehicles. The largest U.S. automaker said in comments submitted to the EPA that there are six state and… Continue reading GM says it could face compliance challenges under new emissions rules