Samsung boosts profits and pledges to ‘mainstream’ foldables

Photo by Vjeran Pavic / The Verge Samsung Electronics has released its second-quarter earnings, reporting 20 percent higher revenue and 54 percent higher operating profit year-on-year despite its mobile division taking a hit due to component shortages. The company made an operating profit of 12.57 trillion won (~$10.97 billion) off 63.67 trillion won (~$55.56 billion) in revenue. Samsung says its mobile business suffered from the industry-wide component shortage as well as “production disruptions” in its Vietnam factories, some of which were closed after a COVID outbreak. Combined with weak seasonality resulting in less demand, revenue declined from the previous quarter, though it was still up year-on-year. The semiconductor business continues… Read More

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Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu

Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA’s Series C, which currently totals $56.4 million. Other investors include South Korean sneaker reselling platform KREAM (another SoftBank Ventures Asia portfolio company), Altos Ventures and JAFCO. Launched in 2018, SODA runs SNKRDUNK, one of Japan’s largest sneaker reselling platforms with about 2.5 million monthly users. Along with its new funding, SODA announced it has acquired rival Monokabu. SODA said that the deal means its share of Japan’s sneaker resale industry is now… Read More

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Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu

Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA’s Series C, which currently totals $56.4 million. Other investors include South Korean sneaker reselling platform KREAM (another SoftBank Ventures Asia portfolio company), Altos Ventures and JAFCO. Launched in 2018, SODA runs SNKRDUNK, one of Japan’s largest sneaker reselling platforms with about 2.5 million monthly users. Along with its new funding, SODA announced it has acquired rival Monokabu. SODA said that the deal means its share of Japan’s sneaker resale industry is now… Read More

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Scientists show how planets form in binary systems without getting crushed

Astronomers have developed the most realistic model to date of planet formation in binary star systems. The researchers, from the University of Cambridge and the Max Planck Institute for Extra-terrestrial Physics, have shown how exoplanets in binary star systems—such as the ‘Tatooine’ planets spotted by NASA’s Kepler Space Telescope—came into being without being destroyed in […] The post Scientists show how planets form in binary systems without getting crushed appeared first on Knowridge Science Report. …read more Source:: Knowridge Science Report       

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Why beer mats do not fly in a straight line

Beer mats protect tables from unsightly condensation rings. However, they are sometimes also misused as projectiles. Usually with little success: after just a short time, the cardboard coaster leaves its path, spins off to the side, and falls to the ground. But why is that so? Physicists at the Helmholtz Institute of Radiation and Nuclear […] The post Why beer mats do not fly in a straight line appeared first on Knowridge Science Report. …read more Source:: Knowridge Science Report       

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New light treatment may slow down Alzheimer’s disease

In a new study from MIT, researchers found a new ‘light flash’ treatment may help slow down Alzheimer’s disease. They found exposing Alzheimer’s patients to an hour a day of carefully modulated light and/or sound could slow down the brain degeneration that typifies disease progression. This method bolsters and reinforces a particular type of rhythmic […] The post New light treatment may slow down Alzheimer’s disease appeared first on Knowridge Science Report. …read more Source:: Knowridge Science Report       

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This common sleep issue may be a big risk factor of COVID-19

Sleep apnea causes breaks in breathing (apnea) while a person is asleep. In a recent study published in Sleep Medicine and Disorders: International Journal, researchers found that sleep apnea could a big risk factor for COVID-19. This is the first COVID-19-related study where sleep apnea as a suspected risk factor emerges as the main finding. The […] The post This common sleep issue may be a big risk factor of COVID-19 appeared first on Knowridge Science Report. …read more Source:: Knowridge Science Report       

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Big tech companies are telling their employees to be vaccinated before returning to the office as the Delta variant spreads (FB, NFLX, GOOG, GOOGL, AAPL)

Summary List Placement As return-to-work plans clash with rising COVID-19 cases in many states and the spread of the Delta variant, some tech giants are joining the growing chorus of tech companies requiring their employees to get vaccinated against the virus before coming into their offices. On Wednesday, Facebook and Google parent company Alphabet both announced that any employees coming into their US offices must be fully vaccinated, reversing course from earlier this year and marking a major shift among industry leaders. Several other tech companies had already announced similar policies for employees working in person over the summer, including Adobe, VMware, Twilio, and Asana, Protocol reported earlier in July. While… Read More

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The best deals on MacBooks right now

MacBook Air (late-2020). With multiple configurations and various models to choose from, including some equipped with Apple’s new M1 processor, finding a deal on a MacBook or Mac Mini is not all that difficult. We’ll run through discounts currently available for the latest MacBook models as well as any deals to be had on the Mac Mini. Of course, there are also frequent discounts available for older Intel-based configurations — all of which will be compatible with macOS Monterey upon its release in the fall — and we’ll also highlight those when we find them. Alternatively, purchasing refurbished is another way to save money on an Apple computer. Apple’s refurbished… Read More

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Twitter shuttering NY, SF offices in response to new CDC guidelines

Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came “after careful consideration of the CDC’s updated guidelines, and in light of current conditions,” a spokesperson said. “Twitter has made the decision to close our opened offices in New York and San Francisco as well as pause future office reopenings, effective immediately. We’re continuing to closely monitor local conditions and make necessary changes that prioritize the health and safety of our Tweeps,” the spokesperson added. The company initially just reopened those offices on July 12. It declined to reveal headcount per… Read More

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Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors

Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk analysts through the nitty gritty of the company’s financials, CEO Mark Zuckerberg took a moment to zoom out and wax on the company’s future goals, specifically calling out his ambitions to turn Facebook into “a metaverse company.” “I wanted to discuss this now so that you can see the future that we’re working towards and how our major initiative across the company are going to map to that,” Zuckerberg said on the call. “What is the metaverse? It’s a virtual environment where you can be present with people in digital spaces. You can kind… Read More

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Netflix will mandate COVID-19 vaccinations on productions in the US

Illustration by Alex Castro / The Verge Netflix will require the casts and some crew on its productions in the US to be vaccinated against COVID-19, a measure that comes as the Delta variant continues to spread across the country. Deadline first reported that the streaming giant recently notified its production teams that it would require casts and crew working in “Zone A” on US productions to be vaccinated. Deadline described this classification as including both cast members and those who are in close contact with them. According to the report, Netflix plans to make few exceptions to the new vaccination policy, with exclusions including age, medical, and religious reasons.… Read More

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Activision Blizzard Lawsuit & Scandal: 5 Fast Facts You Need to Know

A plaque in front of the orc statue at the Irvine campus for Blizzard Entertainment Inc. reads “every voice matters,” but according to allegations that message does not ring true for the female and PoC employees at the world famous video game studio as well as its parent company Activision Blizzard Inc. The California Department of Fair Employment and Housing has filed a lawsuit against Activision Blizzard Inc. alleging that the company fostered a culture where female employees are subjected to constant sexual harassment, unequal pay, and retaliation after a state agency investigated the company for two years. Activision Blizzard is home to household names in the gaming community and… Read More

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