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losses

Samsung denies speculation it is spinning off its foundry business amid consecutive losses

October 7, 2024 by admin

Tweet Samsung has denied claims it will spin off its foundry business as a separate entity amid increasing competition and …

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Systems paralyzed by CrowdStrike within 78 minutes to cause $15 billion in losses worldwide

July 26, 2024 by admin

Tweet Even though the massive CrowdStrike outage caused billions in damages, insurance companies will cover only a fraction of the …

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Intel reports foundry losses of $7 billion in 2023

April 3, 2024 by admin

Tweet Intel has reported significant losses of $ 7 billion in its foundry business attributed to its poor decisions in …

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X begins stripping headlines from articles amid continued ad revenue losses

October 5, 2023 by admin

Tweet X is now stripping headlines from link previews in posts on the site, in a move that was originally …

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Intel returns to profitability in Q2 after two consecutive quarters of losses

July 27, 2023 by admin

Tweet Intel announced a strong financial performance, reporting earnings of $ 1.5 bn. The company's revenue exceeded expectations, reaching $ …

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