Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market

Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker India market

Wireless and fixed-network equipment maker Nokia has reported better-than-expected third quarter earnings, mainly on the back of cost cutting measures, but saw its sales dive 8% largely due to a weaker India market HELSINKI — Wireless and fixed-network equipment maker Nokia on Thursday reported better-than-expected third quarter earnings, mainly on the back of cost-cutting measures, … Read more

Profit beats expectations as AI boom drives 54% hike

Profit beats expectations as AI boom drives 54% hike

An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company’s … Read more

US ‘click to cancel’ rule to tackle subscription traps

US ‘click to cancel’ rule to tackle subscription traps

The US Federal Trade Commission (FTC) has adopted a ‘click to cancel’ rule, which aims to make it easier for people to end subscriptions. It will force companies to make subscribing and cancelling subscriptions equally straightforward. Businesses, including retailers and gyms, will also have to get consent from customers before renewing subscriptions or converting free … Read more

Stunning details of iconic shipwreck Endurance revealed in never-before-seen footage

Stunning details of iconic shipwreck Endurance revealed in never-before-seen footage

Legendary Antarctic explorer Ernest Shackleton’s ship Endurance sank more than a century ago and its wreck lay undiscovered at the bottom of the Weddell Sea until March 2022. Now, the team behind its discovery has joined forces with an Oscar-winning film crew for a new National Geographic documentary showcasing how they located the storied vessel’s … Read more

2 Sudanese brothers charged with running cyberattack-for-hire gang

2 Sudanese brothers charged with running cyberattack-for-hire gang

A federal grand jury unsealed an indictment against two Sudanese brothers Wednesday, charging them with running “Anonymous Sudan,” one of the most prolific cyberattack-for-hire gangs of all time and allegedly behind tens of thousands of attacks.  Federal prosecutors accused Ahmed Salah Yousif Omer, 22, and Alaa Salah Yusuuf Omer, 27, of carrying out 35,000 denial-of-service … Read more