IT&Software

Samsung second-quarter profit surges to record high on memory chip boom

Lee. A slew of scandals failed to knock Samsung Electronics ( SSNLF ) off course in the second quarter of 2017. Especially since the Samsung Galaxy Note 8 is also approaching ... But the company owes its fortunes to its less visible but increasingly dominant position in the memory chips and screens from which smartphones are built. [Full Article...]

Al-Qaida announces ex-Hizbul commander Zakir Musa head of Kashmir outfit

Al-Qaida announces ex-Hizbul commander Zakir Musa head of Kashmir outfit In a statement , LeT said , "Indian conspiracies are being foiled ever since the locals and Hurriyat leaders forged unity among themselves.groups like al-Qaida and IS are being brought up to label the legitimate freedom struggle (in Kashmir ) as terrorism". [Full Article...]

41% Would Be Interested in Cable's Wireless Options

Comcast expects to have "Instant TV"-an IP-delivered, in-home, in-footprint video service that eschews traditional set-top boxes-in the third quarter of 2017, Dave Watson, Comcast Cable's president and CEO, confirmed Thursday during the company's earnings call". [Full Article...]

3 terrorists killed during infiltration bid in J&K's Gurez sector

3 terrorists killed during infiltration bid in J&K's Gurez sector The operation is in progress and further details are awaited. The militants opened fire after they were challenged. He said that the operation against intruding terrorists continued when reports last came in. [Full Article...]

Amazon Q2 Profits Plunge 77 Percent, Stock Drops After Hours

Amazon Q2 Profits Plunge 77 Percent, Stock Drops After Hours Amazon sales rose in the second quarter but profits plunged, as the e-commerce giant spent heavily in a bid to become the go-to shop globally for everything from food to television. (NASDAQ: AMZN ). Cibc Mkts Inc holds 39,583 shares. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $1.07. Boosts Stake in Amazon .com, Inc. [Full Article...]

Celgene to pay $280 million to settle fraud suit over cancer drugs

Celgene to pay $280 million to settle fraud suit over cancer drugs In a statement, Celgene said it has agreed to resolve a "whistleblower" lawsuit that alleged it had violated the federal False Claims Act by submitting false claims to Medicare. Because Thalomid would only be useful to a fraction of the few hundred leprosy cases diagnosed in the US each year, the company developed a plan to promote the drug for cancer, the lawsuit said. [Full Article...]

BuzzFeed, GE Partner Up to Release Tasty One Top Smart Appliance

BuzzFeed, GE Partner Up to Release Tasty One Top Smart Appliance The hot plate, dubbed the Tasty One Top , recalls those used in the brand's now iconic Facebook videos and is equipped with a number of "smart" features that take the guesswork out of cooking. It can even alert you when you need to flip your food, add ingredients, and more. All of these countertop products use the precision of induction and wireless connectivity to guide you step-by-step throug... [Full Article...]

AMD launches Ryzen 3 series of desktop processors

AMD shares peaked at 3.0x EV forward sales at the height of its server market share in 2006 and have averaged roughly 2.0x EV to forward sales in growth periods over the past 20 years. Engineered to deliver a premium PC experience with superior unlocked performance and efficiency for entry level PCs, 7 Gen A-Series processors include Radeon™ graphics for impressive gaming and a quad core archit... [Full Article...]


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