Samsung predicts 56% drop in 2Q profit on weak chip market
Jul04

Samsung predicts 56% drop in 2Q profit on weak chip market

Samsung Electronics Co. said Friday its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips. The South Korean tech giant estimated an operating profit of 6.5 trillion won ($5.5 billion) for the April-June quarter, which would represent a 56.3% drop from the same period last year. The company said its revenue likely fell 4% to 56 trillion won ($48 billion), but did not...

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Best way to fight climate change? Plant a trillion trees
Jul04

Best way to fight climate change? Plant a trillion trees

The most effective way to fight global warming is to plant lots of trees, a study says. A trillion of them, maybe more. And there’s enough room, Swiss scientists say. Even with existing cities and farmland, there’s enough space for new trees to cover 3.5 million square miles (9 million square kilometers), they reported in Thursday’s journal Science . That area is roughly the size of the United States. The study...

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Elephants rarely get cancer – and the reason why could help humans
Jul04

Elephants rarely get cancer – and the reason why could help humans

This is an Inside Science story. (Inside Science) – “I’ve always been so enamored with elephants — one of the things that’s just amazing to me is that elephants have such an incredibly low rate of cancer. And it doesn’t make any sense that elephants have a low rate of cancer, because they’re so big and their cells are dividing so fast,” explains Matthew LaPlante, author of the book Superlatives: The Biology of Extremes. For a...

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Canon’s new camera is being touted as fun, easy-to-use
Jul04

Canon’s new camera is being touted as fun, easy-to-use

This is a Digital Trends story. Canon has chosen to go down the crowdfunding route with one of its more novel offerings: A diminutive device that the company describes as a “clippable, go anywhere camera.” A prototype of the brightly colored IVY REC first appeared at the CP+ camera show in Japan in March 2019. Here’s what we know about it so far. The IVY REC is being touted as a fun, easy-to-use, robust camera that comes with a...

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French lawmakers approve 3% tax on online giants
Jul04

French lawmakers approve 3% tax on online giants

France’s lower house of parliament approved Thursday a small, pioneering tax on internet giants like Google, Amazon and Facebook — and the French government hopes other countries will follow suit. The bill aims to stop multinationals from avoiding taxes by setting up headquarters in low-tax EU countries. Currently, the companies pay nearly no tax in countries where they have large sales like France. The bill foresees a 3% tax on...

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