President Bolsonaro should boost Brazil’s entrepreneurial ecosystem

Romero Rodrigues Contributor More posts by this contributor Brazil’s fintech boom offers new vertical opportunities for investors Brazil’s tech-sector bright spots beckon as it begins to emerge from long economic crisis In late October following a significant victory for Jair Bolsonaro in Brazil’s presidential elections, the stock market for Latin America’s largest country shot up. Financial […]

Samsung Joins Apple in the Revenue Estimate Hurt Locker

The logo of Samsung outside its Seoul, South Korea offices.Photo: Ahn Young-joon (AP) Earlier this month, tech giant Apple posted quarterly revenue projections of just $84 billion, much lower than its previous projections of $89 to 94 billion, setting off a “flash crash” in global currency markets. According to a Monday report by Bloomberg, its […]

Samsung warns of Q4 profit drop, blames unexpectedly low semiconductor demand

Apple isn’t the only smartphone maker steeling itself (and analysts) for disappointing results. Samsung Electronics issued earnings guidance for the final quarter of 2018 today that not only marks its first quarterly profit decline in two years, but also fell far below analysts’ expectations. The company attributed the drop to lower-than-expected demand for its memory […]

Nexon founder hints at plan to sell his $9B majority share in gaming giant

The founder of Korea’s Nexon, one of the biggest gaming companies on the planet, today appeared to acknowledge his intention to sell his controlling interest for around $9 billion. The divestment has been a hot rumor after a report from newspaper Korea Economic Daily this week [via Reuters] suggested that Jung-Ju Kim, who founded Nexon back in 1989, is moving to […]

Personal information of nearly 1,000 North Korean defectors hacked

North Korean defectors may be in danger.Image: Pyeongyang Press Corps/Pool/Getty Images By Rachel Kraus2018-12-28 17:30:40 UTC For North Korean defectors, this is a nightmare come to life. Hackers stole the personal information of 997 North Korean defectors living in South Korea, the South Korean government reported Friday.  The identity of the hackers is still unknown. […]