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by Joseph OtsibahNo Comments
Samsung Profit Slumps: AI Chip Issues And Export Curbs Hit Q2 Earnings

Samsung Profit Slumps: AI Chip Issues And Export Curbs Hit Q2 Earnings

Business News, General News, International, Science & Technology, World News
Samsung Electronics has forecast a sharp 56% drop in second-quarter operating profit, attributing the decline to sluggish AI chip sales and tightening U.S. export restrictions to China. The tech giant expects operating profit to fall to 4.6 trillion won ($3.3 billion), marking its weakest performance in six quarters and raising concerns about its competitiveness in the fast-growing AI semiconductor sector. Delayed shipments of high bandwidth memory (HBM) chips to Nvidia, a key client, and new U.S. export rules disrupting business in China have significantly impacted earnings. Meanwhile, domestic rival SK Hynix has surged ahead, securing major AI chip supply deals. Despite the challenging outlook, Samsung has announced a 3.9 trillion won ($2.8 billion) share buyback, signalling confid...
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by Joseph AttohNo Comments
New Bidders Emerge As Tiktok Faces Deadline To Divest U.S. Operations

New Bidders Emerge As Tiktok Faces Deadline To Divest U.S. Operations

Science & Technology, World News
As the April 5 deadline approaches for TikTok to secure a non-Chinese buyer, major tech players and investors are entering the race. Amazon and a consortium led by Tim Stokely, the founder of OnlyFans, have signaled interest in acquiring the popular short-video platform’s U.S. operations. Stokely's startup, Zoop, in collaboration with a cryptocurrency foundation, has submitted a late-stage bid. Meanwhile, Amazon formally communicated its interest to U.S. officials. Following the news, Amazon’s stock rose by 2%, reflecting market optimism. The e-commerce giant has long sought to expand its footprint in social media, having previously acquired Twitch and Goodreads. Other interested parties reportedly include private equity firm Blackstone and venture capital firm Andreessen Horowit...
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by Joseph AttohNo Comments
OpenAI To Raise $40 Billion In Softbank-Led Round To Boost AI Efforts

OpenAI To Raise $40 Billion In Softbank-Led Round To Boost AI Efforts

International, Science & Technology
OpenAI is raising up to $40 billion in a new funding round, led by SoftBank Group, to advance AI research, expand its infrastructure, and enhance its tools. The funding will consist of $10 billion from SoftBank in April and an additional $30 billion in December, contingent on OpenAI transitioning to a for-profit model by the end of the year. SoftBank plans to share $10 billion of its investment with other unnamed co-investors. Microsoft, Coatue Management, Altimeter Capital, and Thrive Capital will also contribute to the funding. This new round, which values OpenAI at $300 billion, comes after a $6.6 billion round in October that valued the company at $157 billion. The funding will help OpenAI meet its ambitious goals, including its Stargate project, a $500-billion initiativ...
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by Joseph AttohNo Comments
Animated Film ‘The King Of Kings’ Shares Gospel Through Charles Dickens’ Perspective

Animated Film ‘The King Of Kings’ Shares Gospel Through Charles Dickens’ Perspective

International, Lifestyle & Social, Science & Technology, World News
When Angel Studios’ “The King of Kings” opens in theaters on April 11, audiences will see something rarely attempted in animation: the life of Jesus Christ, retold through the eyes of a child and inspired by the prose of Charles Dickens. For South Korean director Jang Seong-Ho and cinematographer-producer Woo-hyung Kim, the project is an attempt to deliver a message of Jesus’ love to a global, increasingly secular audience. The animated film, set against the backdrop of Victorian England, follows Dickens as he tells the story of Jesus to his child. It features a star-studded voice cast that includes Kenneth Branagh, Uma Thurman, Pierce Brosnan, Mark Hamill, Roman Griffin Davis, Forest Whitaker, Ben Kingsley and Oscar Isaac. Kristin Chenoweth both co-wrote and sings the film’s...
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by Joseph AttohNo Comments
Indian doctors remove teen’s ‘parasitic’ twin in rare surgery

Indian doctors remove teen’s ‘parasitic’ twin in rare surgery

Science & Technology
Doctors in the Indian capital, Delhi, have performed a life-changing surgery on a 17-year-old boy to remove his "parasitic" twin that was attached to his abdomen. A parasitic twin is an underdeveloped conjoined twin that relies entirely on the host twin for survival. They are extremely rare, with less than one case occurring per 100,000 births. The teenager who had a fully developed extra set of limbs and a pelvis - sustained by a chest artery - underwent a two-hour surgery at Aiims hospital in Delhi. Dr Asuri Krishna, who led the team of specialists, said the surgery was particularly challenging because of the patient's age. "Only 40-50 cases of parasitic twins have been documented in world medical literature and, in those cases, the surgery had been attempted on children,"...
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by Joseph AttohNo Comments
Argentina president faces impeachment calls over crypto crash

Argentina president faces impeachment calls over crypto crash

Science & Technology
Argentine President Javier Milei is facing impeachment calls - and legal action accusing him of fraud - over his promotion of cryptocurrency on social media.Milei posted on X, formerly Twitter, about the $LIBRA coin on Friday, which he said would help fund small businesses and start-ups. He shared a link to buy it, causing its price to shoot up. But within a few hours, he deleted his post and the cryptocurrency nosedived in value, losing investors most of their money.Some opposition members of Congress say they plan to start proceedings to impeach Milei. Meanwhile, lawyers filed complaints of fraud in Argentina's criminal court on Sunday.Some people online have accused Milei of what is known as a "rug pull" - where promoters of a cryptocurrency draw in buyers, only to stop trading ac...
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by Joseph AttohNo Comments
TikTok is back in the App Store

TikTok is back in the App Store

Science & Technology
Nearly a month after it was banned in the US, TikTok has returned to the App Store for iPhones and other Apple devices as well as the Google Play store for Android phones and tablets. The return follows US Attorney General Pam Bondi sending a letter to Apple assuring that it won’t be fined for hosting the app, according to Bloomberg, which first reported that the app would return. Trump has reportedly tasked Vice President JD Vance to oversee negotiations for a potential sale of TikTok. Apple and Google removed TikTok from their app stores in January to comply with a law banning apps from TikTok owner ByteDance. Although President Donald Trump signed an executive order on January 20th that directed the Department of Justice not to enforce the ban for 75 days, Apple and Google hav...
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by Joseph AttohNo Comments
Noguchi commissions Africa’s most advanced cell sorter

Noguchi commissions Africa’s most advanced cell sorter

Science & Technology
The Noguchi Memorial Institute for Medical Research (NMIMR) has commissioned the FACS Discover S8 Cell Sorter, the most advanced of its kind in Africa and the Middle East, to enhance research on cancer, infectious diseases, and immune responses. Acquired through internally generated funds (IGF), the cutting-edge equipment will eliminate the need to send medical samples abroad for advanced analysis. The BD FACSDiscoverTMS8 Cell Sorter, from Becton Dickinson (BD) International Ltd, enables in-depth single-cell analysis, significantly improving diagnostics and biomedical research. Speaking at the commissioning, NMIMR Director, Prof. Dorothy Yeboah-Manu, emphasized the impact of the new equipment on local diagnostics. “Currently, for many disease conditions, hospitals have to send...
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by Joseph AttohNo Comments
History-making probe achieves closest-ever approach to the sun

History-making probe achieves closest-ever approach to the sun

Science & Technology
The Parker Solar Probe zoomed by the sun on Tuesday during a record-breaking flyby, coming within 3.8 million miles (6.1 million kilometers) of the solar surface during humanity’s closest approach to a star. The mission operations team, located at the Johns Hopkins Applied Physics Laboratory in Laurel, Maryland, was able to confirm the success of the flyby Friday morning after receiving a signal from the spacecraft just before midnight on Thursday. The mission team knew it wouldn’t receive any communications from the spacecraft during its closest pass of the sun. Now, the team members will await more detailed data from Parker about the spacecraft’s status that’s expected to return to Earth on January 1. The uncrewed spacecraft flew at 430,000 miles per hour (692,000 kilometers...
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by Joseph AttohNo Comments
Ghanaian Professor Honoured For Ground-Breaking Potable Seawater Research

Ghanaian Professor Honoured For Ground-Breaking Potable Seawater Research

Ghana News, Science & Technology
Professor Bright Kwakye-Awuah, a distinguished Ghanaian researcher from the Kwame Nkrumah University of Science and Technology (KNUST), has been honored in Dubai for his pioneering research in potable seawater. His innovation was recognised as one of the top 100 groundbreaking ideas by Prototypes for Humanity, a global platform celebrating transformative innovations. The recognition, which took place during an event in Dubai, emphasises the urgent need for sustainable solutions to global water shortages. Professor Kwakye-Awuah's work focuses on advanced methods for converting seawater into safe drinking water. The accolade highlights Professor Kwakye-Awuah's dedication to addressing critical water challenges, demonstrating the global impact of research from Ghana's academic ins...
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