Samsung’s quarterly profit hits 8-year low amid weak demand for memory chips, smartphones

January 6, 2023

Samsung Electronics’ operating profit plummeted 69% to $3.4 billion in the quarter that ended in December to an eight-year low, according to its preliminary estimates, as the global demand for memory chips and smartphones wanes due to high inflation and slowing economy. “Amid continued external uncertainties, including a potential global economic downturn, overall earnings decreased […]

Samsung’s quarterly profit hits 8-year low amid weak demand for memory chips, smartphones by Kate Park originally published on TechCrunch

Snap is shutting down its desktop camera app that allows users to apply filters during video calls

January 6, 2023

Snap is shutting down its camera app for the desktop that allows users to apply filters like cat ears and pirate hats on video calls. The company said on a support page that the product will be discontinued on January 25, but did not say why it was abandoning the app. Users won’t be able […]

Snap is shutting down its desktop camera app that allows users to apply filters during video calls by Ivan Mehta originally published on TechCrunch

Tesla slashes Model 3, Model Y prices in China for the second time in three months

January 6, 2023

Earlier today, Tesla quietly announced new pricing for the China market. The Model 3 and Model Y saw their prices cut drastically, and Tesla finally revealed the pricing for the high performance Plaid edition of the Model S and Model Y, both of which were not previously sold in market. This is the second pricing […]

Tesla slashes Model 3, Model Y prices in China for the second time in three months by Matt Burns originally published on TechCrunch

Today at CES: Baby wearables, texts from dogs, and E-Ink cars

January 6, 2023

It’s the first official day of CES and our team has already located dozens of the coolest new gadgets, features, and weird concept cars that probably will never see the light of day. Halo (not Amazon’s Halo) has a wearable for babies that tracks heart rate, rollover, skin temperature, and movement. 10,000 steps a day […]

Today at CES: Baby wearables, texts from dogs, and E-Ink cars by Devin Coldewey originally published on TechCrunch

EcoFlow teases full-house battery backup coming later this year

January 5, 2023

Today at its special launch event, home backup power giant EcoFlow launched a flurry of new products, including a ‘Whole-home Backup Power Solution.’ The company also launched a battery-powered fridge and a portable battery-powered air conditioning unit, which both makes sense. There’s also a lawnmower, which makes me think that preppers will have delightfully pristine […]

EcoFlow teases full-house battery backup coming later this year by Haje Jan Kamps originally published on TechCrunch

Stellantis launches new business unit to turn vehicle data into cash

January 5, 2023

Stellantis is launching a new business unit dedicated to turning all that vehicle data into marketable products — and revenue. The business unit called Mobilisights, which was announced Thursday at CES 2023 in Las Vegas, is a key piece of the global automaker’s bid to generate 20 billion euro in annual revenue from software-related services […]

Stellantis launches new business unit to turn vehicle data into cash by Kirsten Korosec originally published on TechCrunch