TechCrunch: Samsung posts 55.6% drop in second-quarter profit as it copes with weak demand and a trade dispute

As it forecast earlier this month, Samsung reported a steep drop in its second-quarter earnings due to lower market demand for chips and smartphones. The company said its second-quarter operating profit fell 55.6% year-over-year to 6.6 trillion won (about $5.6…

Advertisements

TechCrunch: White Star Capital eyes Asia growth with new Hong Kong office

For western startups looking to enter Asia and Asian startups expanding globally, more funding has become available as investors are increasingly looking to export local tech solutions to overseas markets. Globally based venture capital firm White Star Capital has set…

TechCrunch: Japan will restrict the export of some materials used in smartphones and chips to South Korea

Japan’s trade ministry said today that it will restrict the export of some tech materials to South Korea, including polyimides used in flexible displays made by companies like Samsung Electronics. The new rules come as the two countries argue over…

TechCrunch: China grants first 5G licenses amid Huawei global setback

It’s official. After much anticipation, China named the first companies to receive 5G licenses for commercial use on Thursday. The announcement from the Ministry of Industry and Information Technology, the country’s telecoms authority, came as Huawei, the Chinese company that…

Mashable: Website secretly livestreamed 1,600 unwitting hotel guests for paying members

Creepy.Image: Nicola Ranieri / EyeEm / getty By Jack Morse2019-03-20 21:16:52 UTC No, you’re not being paranoid.  Four individuals have been arrested for a scheme allegedly involving spy cams in 42 motel rooms across South Korea and the livestreaming of…