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An overview of Parag Agrawal's tenure as Twitter's CEO so far, as he battles declining business performance and plunging morale…

Financial Times: An overview of Parag Agrawal's tenure as Twitter's CEO so far, as he battles declining business performance and plunging morale amid Elon Musk's takeover bid — The tech prodigy's battles with a mercurial opponent are coming to a head — It's hard to know which part of Parag Agrawal's job … Financial Times: An overview of Parag Agrawal's tenure as Twitter's CEO so far, as he battles declining business performance and plunging morale amid Elon Musk's…

Kashkari Says Fed Needs to Keep Tightening Until There’s Compelling Evidence of Declining Inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari said the U.S. central bank needs to tighten monetary policy until underlying inflation is declining, and then wait to see whether it has done enough. “The one mistake that I’m acutely aware of—that I want to avoid repeating from the 1970s—is when policy makers saw the economy weakening, saw inflation start to tick down, and then they cut rates, thinking they had done the job. And then inflation…

Declining VC investment into LatAm startups could throttle digital growth • TechCrunch

There are reasons to be optimistic about the region, so why are investors slowing down? Alex Wilhelm Anna Heim 23 hours This column is fascinated by Latin America, a region of the world rich in history, culture and, recently, a massive boom in technology company formation and financing. The period of rapidly accreting venture capital activity, however, is slowing. Fast. The declines in capital availability, as far as TechCrunch can see,…

Samsung remains Korean investors’ favorite despite declining stock prices

Last updated: September 20th, 2022 at 18:53 UTC+02:00 The declining semiconductor market is leading South Korean analysts to revise the stock price target for Samsung Electronics in a downward trajectory. In addition, market watchers have lowered their expectations concerning Samsung’s operating profit for Q3 2022 by roughly 25% compared to last year. NH Investment & Securities analyst Do Hyun-woo revised Samsung’s stock price target from 75,000 won ($53) to 70,000 won. Due to the “aggravating memory chip down…

Samsung warns of declining memory chip sales extending into 2023

Last updated: September 8th, 2022 at 14:32 UTC+02:00 Market watchers expect demand for memory chips to drop in the second half of the year due to sluggish PC, data servers, and smartphone shipments. Samsung warns that the sharp downturn in memory chip sales could extend into 2023. In a media briefing earlier this week, Samsung co-CEO and head of the semiconductor unit, Kyung Kye-hyun, said: “The second half of this year looks bad, and as of now, next year doesn’t really seem to show a clear momentum for much…

Canalys: Apple, Samsung Q2 shipments rose in North America despite declining market

Smartphone market in North America is unlike any other region, and the latest report from Canalys reminded us of the stark difference in sales performance and brand representation. The analysis firm revealed the total smartphone shipments in Q2 2022 declined 6%, but Apple and Samsung managed to increase shipments and market share. According to the report, every second smartphone, shipped in North America between April and June, is an iPhone. The market managed returned to growth last year 2021 after a challenging…

Bitcoin Is Declining. Can Avalanche Backed Proprivex Dethrone The King of Crypto In 2022?

With new, innovative, multi-use DeFi platforms like Proprivex (PPX) being the primary tokens seen in the current age of cryptocurrency, coins like Bitcoin (BTC) are rare. As of the writing of this article, the crypto market king is down over 4% this past week, according to statistics from CoinMarketCap. This is in spite of the fact that, on the whole, the market is not in decline, with tokens like Cardano (ADA) and Dogecoin (DOGE) on the rise. While this decline does not spell the end of Bitcoin (BTC), it does bring up…

Japan’s Honda sees declining profits on semiconductor crunch

An employee of Honda Motor Co. cleans a Honda car displayed at its headquarters in Tokyo on July 31, 2018. Honda’s fiscal first quarter profit fell 33% from 2021 as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker. Tokyo-based Honda Motor Co. reported Wednesday, Aug. 10, 2022, that its profit totaled 149.2 billion yen ($1.1 billion) in the April-June quarter, down…

Samsung remains the 2nd-largest tablet vendor in a declining market

Last updated: August 4th, 2022 at 18:55 UTC+02:00 The smartphone market isn’t the only one affected by the ongoing economic troubles. PC and tablets have just recorded their second quarterly decline, with global shipments falling 14% in Q2 2022. Samsung maintained its market position behind Apple. Several causes have led to declining PC and tablet shipments in Q2 2022, such as lower consumer and educational spending, rising inflation, and COVID-related lockdowns in China. PC and tablets combined reached 105 million…