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Steelmaker POSCO reports highest-ever quarterly profit in Q3SEOUL : South Korean steelmaker POSCO reported its highest-ever quarterly operating profit in the third quarter, as a surge in steel prices was fanned by reduced supply from China. POSCO, the world's sixth-largest steelmaker, said on Monday its consolidated operating profit for the July-September quarter
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Facebook invests billions in metaverse efforts as ad business slowsFacebook said on Monday (Oct 25) it will start breaking out the financials for its virtual and augmented reality unit, an announcement that comes as its main advertising businesses face \u0022significant uncertainty.\u0022 Facebook warned that Apple Inc\u0027s new privacy rules would weigh on its digital business in the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Fullerton Health vendor hit by hackers, exposing customer data; police report lodged
Source: TODAYonline - 🏆 1. / 99 Read more »
LG Chem Q3 results miss estimates, hit by GM Bolt recall costSEOUL :South Korea's LG Chem Ltd posted a 20per cent fall in quarterly profit on Monday, hurt by a one-off expense associated with the recall of General Motors' Bolt electric vehicles.It reported an operating profit of 727 billion won (US$617.55 million) for the July-September period, versus 904 billion won a
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Facebook Whistleblower Holds Crypto to Support Herself Financially: ReportFrances Haugen, the former Facebook manager and whistleblower, reportedly practices the strategy of holding cryptocurrency.
Source: YahooSG - 🏆 3. / 71 Read more »
SK Hynix sees rising demand for chips as quarterly profit surgesSEOUL :SK Hynix forecast steady growth in demand for memory chips on Tuesday as it posted its highest quarterly operating profit since 2018 on the back of rising prices which offset slowing personal computer sales as COVID-19 lockdowns eased. 'Despite the concerns over recent global supply chain disruptions,'
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »