(Bloomberg) — Xiaomi Corp. posted a quarterly profit that beat analysts’ estimates after the Chinese smartphone giant defied component shortages to boost sales during the busy holiday season. Most Read from Bloomberg The world’s No. 3 smartphone maker also disclosed it will begin buying as much as HK$10 billion ($1.3 […]
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Samsung finally confirms what we’ve suspected for a while: the Galaxy Note series is no more, and the S22 Ultra is its replacement. If you’ve been waiting for a Galaxy Note series phone since the debut of the Note 20 series in 2020, Samsung has some bad news for you. […]
A man talks on his smartphone near a booth from Swedish technology firm Ericsson at the PT Expo in Beijing, Wednesday, Oct. 14, 2020. (AP Photo/Mark Schiefelbein, File) It was one of the largest fines ever for corporate fraud, a billion-dollar penalty that telecommunications giant Ericsson paid to avoid U.S. […]
Big news reverberated across the entertainment industry in late 2021 when Netflix (NASDAQ:NFLX) announced it had started developing mobile games for its subscription service. Launched in November of last year, there are now five mobile games that subscribers can access on their phones as a part of the Netflix subscription […]
Microsoft Corp. announced plans on Tuesday to acquire gaming giant Activision Blizzard Inc., the maker of immensely popular franchises including “Call of Duty” and “Warcraft,” for $68.7 billion. The companies jointly announced news of the all-cash deal on Tuesday, which involves tech giant Microsoft purchasing the controversy-marred gaming company for […]
SONY is driving away from the usual PlayStation consoles and TVs with a new focus on cars and big tech behind the wheel. The Japanese firm has unveiled a new futuristic concept with hi-tech sensors, 5G and smartphone controls at the heart of it. 2 Sony looks serious about its […]
General Motors (GM) will invest in Chinese self-driving startup Momenta, as it looks to catch up with China’s Nio (NIO) and Xpeng Motors (XPEV) whose “smart” electric cars are resonating with local consumers. GM stock rose. X On Thursday, GM announced a $300 million investment in Momenta, ramping up on next-gen […]
Evergrande is currently building a new stadium for its football team, Guangzhou FC Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a key test this week. Major banks have reportedly been told that they […]
The Isocell HP1 can transform into a 12.5MP sensor with larger pixels by merging 16 adjacent pixels. Image: Samsung Samsung has announced a massive 200 megapixel (MP) resolution camera sensor that will likely ship on future Android smartphones to compete with the Apple iPhone. The new high-powered sensor, dubbed Isocell […]
Apple demolished Wall Street forecasts in its fiscal third quarter, delivering revenue of $59.7 billion and earnings per diluted share of $2.58 billion. Analysts’ consensus was for revenue of $52.25 billion, which would have been a slight dip from the same quarter a year earlier. Earnings per share were expected […]