Bloomberg:
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts — The Kyoto-based company now expects ¥280 billion ($1.8 billion) in operating income in the fiscal year to March, slashing more than a fifth from its prior forecast.
Tech Nuggets with Technology: This Blog provides you the content regarding the latest technology which includes gadjets,softwares,laptops,mobiles etc
Tuesday, February 4, 2025
Nintendo reports Q3 revenue down ~33% YoY to ~$2.8B, net profit down ~33% YoY to ~$831M, both below est, 4.8M Switch sales, and cuts Switch and profit forecasts (Bloomberg)
Monday, February 3, 2025
An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M (Washington Post)
Washington Post:
An analysis of FEC filings shows Elon Musk spent $288M+ to elect Trump and other Republicans, the 2024 election's biggest donor; Musk's America PAC raised $263M — Billionaire Elon Musk spent at least $288 million to help elect President Donald Trump and other Republican candidates …
The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung (Bloomberg)
Bloomberg:
The Seoul High Court upholds a decision clearing Samsung Electronics Executive Chairman Jay Y. Lee of fraud and stock-rigging, a major victory for Samsung — - Seoul court upholds Jay Y. Lee's earlier victory on appeal — The Samsung scion can now focus on turning around the firm
Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more (Tage Kene-Okafor/TechCrunch)
Tage Kene-Okafor / TechCrunch:
Stablecoins are becoming a core part of financial infrastructure in emerging markets, expanding beyond cross-border payments into consumer finance and more — Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to more than 100 countries.
Sunday, February 2, 2025
Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024 (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters:
Intel received €515.55M in default interest from the EU after it was reimbursed a €1.06B fine levied in 2009; EU's top court sided with Intel in October 2024 — U.S. chipmaker Intel (INTC.O) has received 515.55 million euros ($536 million) in default interest from EU antitrust regulators related …
Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Reliance Retail launches the Shein app in India, with control over operations and data and Shein acting as a technology partner, years after the app's ban — Chinese fast-fashion platform Shein has relaunched in India through a partnership with local conglomerate Reliance's retail chain …
Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
-
The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
-
Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...