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Samsung says Q1 operating profits soar nearly tenfold on-year
Samsung says Q1 operating profits soar nearly tenfold on-year
by  AFP

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand. However, the semiconductor market had been predicted to recover this year and grow 11.8 percent, according to industry monitor World Semiconductor Trade Statistics.

US Supreme Court declines to hear Musk appeal over Tesla posts
US Supreme Court declines to hear Musk appeal over Tesla posts
by  AFP

The US Supreme Court on Monday declined to hear an appeal by Elon Musk of a settlement that requires the billionaire to have some of his social media posts about Tesla pre-approved by a company lawyer. The government agency also required that Musk's social media posts directly related to the business of the electric vehicle company be vetted by a lawyer.

EU says Apple iPad operating system to face stricter rules
EU says Apple iPad operating system to face stricter rules
by  AFP

The EU on Monday said Apple's operating system for iPads must comply with tougher new rules that Brussels is imposing to rein in the world's biggest digital companies. The commission, the EU's powerful competition regulator, said it named the iPadOS system because it locked users into the iPad operating system.

France moves to acquire key activities of tech giant Atos
France moves to acquire key activities of tech giant Atos
by  AFP

French Finance Minister Bruno Le Maire on Sunday said he had moved to acquire the "sovereign activities" of debt-laden French tech giant Atos and prevent foreign ownership of them. Le Maire told television channel LCI that he had sent a letter of intent, a non-binding action, this weekend "with a view to acquiring all the sovereign activities of Atos".

TikTok creators fear economic blow of US ban
TikTok creators fear economic blow of US ban
by  AFP

Ayman Chaudhary turned her love for reading into a living on TikTok, posting video snippets about books like those banned in schools in ultra-conservative parts of the United States. She saw books she extolled snapped up by readers, as she shined attention on titles banned from schools or libraries in parts of the country.

Aaron Sorkin working on new Facebook movie tied to Jan 6 riots
Aaron Sorkin working on new Facebook movie tied to Jan 6 riots
by  AFP

Aaron Sorkin, Oscar-winning writer of "The Social Network," is working on a follow-up movie about Facebook that will explore the company's role in the January 6, 2021, assault on the US Capitol. Hundreds of people who invaded the Capitol on January 6, 2021, were motivated by then-president Donald Trump's false claim that the election had been "stolen" from him.

Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
Junta-led Burkina Faso suspends BBC, Voice of America for two weeks
by  AFP

Burkina Faso has suspended the BBC and Voice of America radio networks from broadcasting after they aired a rights report accusing the army of attacks on civilians in its battle against jihadists. It said the decision had been taken because BBC Africa and the VOA had aired and also published a report on their digital platforms "accusing the Burkina army of abuses against the civilian population".