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Samsung expects profits to soar with boost from AI

Samsung Electronics expects its profits for the three months to June 2024 to jump 15-fold compared to the same period last year. An artificial intelligence (AI) boom has lifted the prices of advanced chips, driving up the firm’s forecast for the second quarter. The South Korean tech giant is the world’s largest maker of memory […]

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Bayer Leverkusen open Bundesliga season vs Monchengladbach

German champions Bayer Leverkusen will kick off their Bundesliga title defence and continue their unbeaten domestic streak away at local rivals Borussia Monchengladbach on Aug. 23, the league confirmed on Thursday as the fixture list was announced. As usual in Germany, the champions play the first game of the new league season on a Friday […]

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Chinese electric car makers hit with new European Union tariffs

43 minutes ago By João da Silva, Business reporter Getty Images MG owner SAIC is one the car makers hardest hit by the new tariffs The European Union has raised tariffs on Chinese electric vehicles, as Brussels takes action to protect the bloc’s motor industry. The new tariffs on individual manufactures range from 17.4% to 37.6%, which […]

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Weather engineering: False claims spread online

BBC June’s weather may have felt erratic at times – but for some social media users, there was nothing random about it. They wrongly blamed it on “weather manipulation” and “geoengineering”. Others accused weather presenters of “hiding the truth” from the public. Much of June experienced temperatures about 2C (3.6F) lower than average, due to […]

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Threads was built to topple Twitter. Meta thinks it still can.

A year after it launched, Meta’s newest social network has the makings of a viable rival to Elon Musk’s X. With 175 million active users and partnerships with A-list celebrities like Taylor Swift, Threads combines a Twitter-like feed of text, images and videos with the brand-friendly sheen of Instagram. But ahead of a presidential election […]

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