14year

NASA’s Fermi Gamma-ray Space Telescope has created a stunning all-sky time-lapse movie from 14 years of data, capturing the dynamic universe. It highlights the Sun’s path, the gamma-ray glow of the Milky Way, and distant galaxies known as blazars. The movie reveals both the beauty and complexity of the cosmos, showcasing high-energy events from across the galaxy and beyond, including eruptions from supermassive black holes. (Artist’s concept.) Credit: SciTechDaily.comNASA’s Fermi Space Telescope presents a 14-year…

Samsung has been going through some tough times. Over the past year, its semiconductor chip business has seen a massive downturn amid global economic woes. Since most of the company’s profits usually come from its semiconductor chips business, it has been hit hard. The South Korean firm unveiled its earnings estimate for Q2 2023, and things appear worrying. Samsung’s profit dropped over 95% during Q2 2023 to just $459 million Samsung expects Q2 2023 sales to be around KRW 60 trillion (around $45.91 billion), while its…

Samsung is the world's largest memory chip maker. SamsungSamsung recorded its lowest operating profit in 14 years for its April to June quarter this year due to the continued downturn of the memory chip market.The South Korean tech giant said in its earnings guidance that it recorded 60 trillion won in revenue and 0.6 trillion won in operating profit, a drop of 22.28% and 95.74%, respectively, from a year ago.It is the company's second consecutive quarter of a significant profit drop __ Samsung's profit in the prior…

Samsung is the world's largest memory chip maker and the second-largest contract chip maker. SamsungSamsung reported its lowest profit in 14 years for the first quarter this year for the heavy loss incurred by its chip division.The South Korean tech giant said on Thursday that it recorded 63.75 trillion won in revenue and 0.64 trillion won in operating profit for the quarter, a drop of 18% and 96%, respectively, from a year ago.Samsung's Device Solutions Division, its chip division, reported a steep operating loss of…

OTTAWA—The Bank of Canada delivered another hefty increase to its main interest rate, taking it above 3% for the first time in over 14 years, and said rates need to go higher to tame inflation. The Bank of Canada on Wednesday lifted its overnight target rate by 0.75 percentage points to 3.25%, following a surprise full-percentage-point increase in July. Following five increases beginning in March, the central bank’s benchmark interest rate is now 3 percentage points higher than where it…

Meta Chief Operating Officer (COO) Sheryl Sandberg is stepping down from her role at the company, it has been confirmed. After arriving as Facebook COO in 2008, Sandberg spent 14 years alongside CEO and founder Mark Zuckerberg. The announcement of the move actually came via Zuck's own Facebook post, going on to say that "it's unusual for a business partnership like ours to last so long." When Sheryl joined me in 2008, I was only 23 years old and I barely knew anything about running a company. We'd built a great product…