Samsung Faces Lowest Operating Profit in 14 Years

Samsung, the renowned South Korean tech giant, has recently reported its lowest operating profit in 14 years for the April to June quarter. The company’s earnings guidance reveals a decline in revenue and operating profit by 22.28% and 95.74%, respectively, compared to the same period last year, marking the second consecutive quarter of substantial profit…

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Navigating Retelit Future: How CEO Jorge Álvarez Shapes Telecom Growth

The telecommunications magnate in Italy’s B2B market, Retelit, recently welcomed on board Jorge Álvarez as the new Chief Executive Officer and General Manager, taking over from Federico Protto. Protto will remain within the Group transiently, offering his support to the Board of Directors in this transitional period. In moving into this new role, Álvarez steers…

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Instagram’s Threads App Surges with 30 Million Sign-ups in Less Than 24 Hours

Instagram’s newly launched Threads app is off to a blazing start, with over 30 million sign-ups reported by Mark Zuckerberg. In a whirlwind less than 24 hours after its release, the app has witnessed an astounding 95 million posts and 190 million likes, making it an instant sensation among users. Originally slated for a Thursday…

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