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Samsung Electronics’ Run of Record Results Stalls as Global Tech Boom Fades

SEOUL— Samsung Electronics Co. ’s string of record results is expected to end, as the global tech boom slows amid rising inflation and economic uncertainties. On Thursday, the South Korean tech giant—which had reported record revenues in the past three straight quarters—forecast a 11.4% rise in second-quarter operating profit from the prior year. Revenue for the April-June period is expected to increase year-over-year by 20.9%. Samsung…

Asia-Pacific is seeing a hiring boom in automotive industry data analytics roles

Asia-Pacific was the fastest growing region for data analytics hiring among automotive industry companies in the three months ending May. The number of roles in Asia-Pacific made up 8.8% of total data analytics jobs – up from 7.4% in the same quarter last year. That was followed by Europe, which saw a 0.8 year-on-year percentage point change in data analytics roles. The figures are compiled by GlobalData,…

Blackstone Bets on Global Tourism Boom With Australian Resort Deal

Blackstone Inc. is ramping up its bet on the global travel and leisure market with a $6.3 billion purchase of an Australian resort and casino operator.The giant investment firm closed last month on its acquisition of Crown Resorts Ltd., a company that owns gaming resorts in Perth, Melbourne and Sydney. Its business has suffered over the past three years due to the pandemic and money laundering investigations into Crown by Australian financial and casino…

Samsung Q2 sales to slump as pandemic-induced boom wanes

Last updated: July 4th, 2022 at 16:19 UTC+02:00 Samsung Electronics is going through a rough patch due to slumping sales of TVs and home appliances, but it is not the only company to face difficulties. LG is in a similar situation, as several factors continue to harm sales. Demand for TVs and home appliances continued to decline in the second quarter of the year due to COVID lockdowns in China’s trade district, Russia’s invasion of Ukraine, and rising global inflation. In addition, compared to a year ago, more people…

Chip Boom Loses Steam on Slowing PC Sales, Crypto Rout

Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate. Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust

Factories around the world are reporting weakening demand for their products, a sign that the consumer-goods boom that kick-started the postpandemic economic recovery could turn into a bust as surging prices and interest rates erode spending power.Surveys of manufacturers released Friday told a similar story whether the factory was in South Korea or Italy: Output is falling or is rising at a slower pace, driven by declines in new orders, and particularly those from overseas buyers. Factories around the world are…

Jon Moisan & Shantel LaRocque Join Boom Studios

| Jon Moisan was an intern at The Weinstein Company and Dark Horse Comics before working in Marvel Comics editorial for six years. But for the last seven years, he has been working at Skybound Entertainment as an Editor. Last week he announced that he was off. At the time I reported that "my Bleeding Cool antennae tell me that he might be doing a reverse-Arune Singh and moving from Skybound Entertainment to Boom Studios, who have been hiring and promoting a fair few people recently." And so it has transpired. Late last…

Are Ethereum, Shiba Inu, and Mehracki Ready to Lead a Crypto Boom?

Bitcoin, the first crypto project, surged a whopping 6,600,000% between 2010 and 2017. It caught popular attention leading to a rapid rise in awareness about the coin market. Simultaneously, blockchain technologies advanced to support diverse crypto tokens. More token choices bring more buyers and the purchase of crypto coins swells. The cryptocurrency market entered a golden age in 2021 zooming past $3 trillion in market capitalization. As the coin market becomes more integrated than ever into the global…

Charts suggest recent commodities boom will come down long term

CNBC's Jim Cramer on Wednesday said that while the commodities market could see a short-term upside, it will ultimately come down in the long term."The charts, as interpreted by Carley Garner, suggest that the recent commodities boom is not long for the world. She says we could still see some short-term upside … but longer-term, she thinks this bull is about to get slaughtered," the "Mad Money" host said."And when commodities turn against you, it tends to get real ugly, real fast," he added.Before getting into Garner's…

Jon Moisan Quits Skybound Entertainment For… Boom Studios?

| Jon Moisan was an intern at The Weinstein Company and Dark Horse Comics before working in Marvel Comics editorial for six years. But for the last seven years, he has been working at Skybound Entertainment as an Editor. Now, however, he is off. Jon tweeted out the news "So long, @skybound! It's been real." Shawn Kirkham Senior Vice President, Business Development replied "It's been fun dude. Congrats on the new adventure." Jon Moisan reminisced " Man, looking back on the last seven years of books I edited at @skybound,…