Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch

The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…

Read More

Survey finds CEOs, security execs are divided on cyber risks of AI

A survey released Friday by corporate insurer Axis Capital shows there’s a growing divide across the C-suite on how executives view the risks, rewards and impact of cutting-edge AI technology.   On one hand, artificial intelligence is rapidly improving cybersecurity defense technologies, but AI is also equipping cybercriminals with sophisticated tools and creating new risks….

Read More

UK inflation Jan 2026

A customer looks at goods on a shelf in a supermarket on January 15, 2025 in London, England. Dan Kitwood | Getty Images News | Getty Images The U.K. inflation rate cooled to 3% in January, according to the latest figures from the Office for National Statistics (ONS). Economists polled by Reuters had expected the consumer price…

Read More