Wednesday, April 29, 2020

Samsung Elec sees second-qiarter profit fall as virus hits sales of smartphones, TVs

Samsung Electronics Co Ltd said on Wednesday it expected its profit to decline in the current quarter, as strength in the chip business would be offset by a sales slump in smartphones and TVs.


from Reuters: Technology News https://ift.tt/2xZ6GcX

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...