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Samsung has reported a record consolidated revenue of 76.78 trillion Korean won (US$54 billion) for the third quarter of 2022, but it has also posted

A year later, Meta’s pivot to the metaverse is proving even more expensive. Reality Labs is losing more money than ever, Facebook’s parent company dis

In 2018, fledgling EV maker Arrival partnered with UPS to build a new generation of electric delivery vans, beginning with a pilot fleet of 35 vehicle

Tesla faced increasing transportation costs paired with " raw material cost inflation ," continued component shortages and a strengthening dol

It's a big day for huge EV investments in the US. The Biden admin announced it's awarding $2.8 billion to companies developing EV battery mate

Rockstar, Zynga and 2K owner Take-Two Interactive is shutting down Playdots, the New York-based studio behind the popular mobile game <em> Two Dots</em> , <em> Bloomb

Intel had long been expecting a decline in PC sales after a period of heightened demand due to work-and-study-from-home arrangements brought about by

Mobileye, the self-driving tech firm that Intel had purchased for $15.3 billion back in 2017, has filed for an IPO with the Securities and Exchange Co

As with many other industries, the tech sector has been feeling the squeeze of the global economic slowdown this year. Meta isn't immune from that

The US Securities and Exchange Commission has filed a lawsuit against two former MoviePass executives. In a federal complaint seen by <em> Bloomberg</em> , the a

Patreon , a platform that helps creators to generate more income from their work, has laid off 80 employees, or around 17 percent of its total headcoun

Peloton is expanding a rental program for its Bike and Bike+ fitness equipment. Now, anyone in the contiguous US (sorry, Alaska and Hawaii) can try on

Sony has joined forces with Tencent to purchase a 30.34 percent share of FromSoftware, the developer behind titles like <em> Elden Ring</em> ,<em></em><em> Dark Souls 3</em> and <em> Bl

Following more than two years of controversy, the chief executive officer of Pegasus spyware creator NSO Group is stepping down. On Sunday, co-founder

It's been a brutal year for Peloton and the company is enacting more major changes in a bid to get back on track. On the consumer front, Peloton i

Netflix’s entry into the gaming market is off to a slow start. According to an analysis performed by Apptopia on behalf of <em> CNBC</em> , the streaming giant’s

Nintendo's Switch sales fell significantly last quarter, dropping to 3.43 million units compared to 4.45 million during the same period last year,

It's the end of an era at the company formerly known as Facebook. Sheryl Sandberg has officially stepped down as Chief Operating Officer on August

At the end of its fiscal year in May, Sony was fairly bullish on gaming sales, predicting sales of 18 million PlayStation 5s for 2022 after selling 11

As expected , electric pickup manufacturer Rivian is laying off 6 percent of its 14,000-strong workforce in an effort to boost production without raisi