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South Korean tech giant Samsung Electronics defied the coronavirus to report higher net profits in the second quarter Thursday, with strong demand for memory chips overcoming the pandemic’s impact on smartphone sales.
Samsung is considering dropping its Bixby virtual assistant and Galaxy Apps Store from its mobile devices as part of a new global revenue-sharing deal with Alphabet’s Google, according to correspondence seen by Reuters on Tuesday.
Google and Samsung are in discussions for a deal that would give the US tech giant’s services more prominence on Samsung phones at the expense of those from the Korean manufacturer, according to a report by Bloomberg. The deal would reportedly involve promoting the Google Assistant and the Play Store over Samsung’s own alternatives.
Liverpool’s Premier League clash with Chelsea last night was not shown in China amid growing tensions with the UK.
Ngozi Okonjo-Iweala, a global finance expert and Nigerian-nominated candidate for the position of the World Trade Organisation (WTO) Director-General, has said during her tenure as the finance minister of Nigeria, “we saved billions of dollars that were channeled to other priorities”.
Uber has confirmed that it’s buying on-demand delivery company Postmates in an all-stock deal valued at $2.65 billion. The announcement comes after a week of speculation which culminated in Bloomberg reporting earlier today that the deal was done, though neither company has responded to the claims until now.
The report “is likely to force Boris Johnson to abandon the company entirely,” according to The Telegraph. A source told Bloomberg that the British prime minister is preparing to phase out Huawei as soon as this year, although the exact timetable is reportedly yet to be confirmed.
India’s latest e-commerce policy draft includes steps that could help local startups and impose government oversight on how companies handle data.
Oil prices rose more than one per cent on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil traders said demand was recovering well.
China's factory output rose again in May, while official data Monday also showed retail sales improved further after collapsing at the start of the year but officials warned the country faced a rocky recovery as it emerges from the coronavirus crisis.
The United States has demanded a fresh probe of the president of African Development Bank, Akinwumi Adesina, over allegations leveled against him.
Emirates Group is planning to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, which will bring down its number of employees by about 30 per cent from more than 105,000.
The chief executive of French pharmaceutical giant Sanofi will report to the Elysee Palace on Tuesday for a meeting with President Emmanuel Macron, the president’s office said on Friday.
French pharmaceutical giant Sanofi plans to make any vaccine it develops against the novel coronavirus available to all.
Former Google engineer James Damore, who sued Google in 2018 for allegedly discriminating against conservative white men, has asked a court to dismiss the suit, Bloomberg
France is integrating new AI tools into security cameras in the Paris metro system to check whether passengers are wearing face masks.
Barely a week after helping to repatriate $311m (N118bn) stolen by the late Head of State, Gen. Sani Abacha, the United States says there is a separate $319m (N121bn) Abacha loot in the United Kingdom and France.
The Petroleum Products Pricing Regulatory Agency (PPPRA) kept the petrol dealers guessing on Tuesday when it approved an ex-depot price of N138.62 per litre for the Premium Motor Spirit (PMS) petrol and kept the pump price to its chest.
The Minority Leader of the House of Representatives, Rep. Ndudi Elumelu (PDP-Delta), says opposition lawmakers in the house have been at the center of unearthing and exposing acts of corruption in the country.
The Zamfara State Government has directed secondary schools in the state to reopen from August 9, to enable exiting students sit for Secondary School Certificate Examination (SSCE).
Activities on the Nigerian Stock Exchange (NSE) extended a positive trend on Tuesday with key market indices appreciating further by 0.31 per cent.
The Executive Secretary, National Universities Commission (NUC), Prof. Abubakar Rasheed, says 32 federal, state and private universities across all geopolitical zones are involved in different stages of research toward tackling direct and collateral impacts of COVID-19.
The National Chairman of the People’s Democratic Party (PDP), Prince Uche Secondus, has likened Nigeria to a rudderless ship which has neither captain nor direction, saying the country needs divine intervention to survive.
The demonstrations come as thousands of people marched in the Russian Far East city of Khabarovsk for the fourth weekend Saturday, angered by the arrest of the region’s popular governor and his replacement with a Kremlin favorite.
Gunmen have kidnapped a 60-year-old woman, Mrs. Nyieda Kpeenu, from her residence in Nweol community in Gokana Local Government Area, Rivers State.
Workers in oil-rich Akwa Ibom state have cause to smile as the state government has approved the payment of July salaries, complete with refunds of monies deducted from workers’ Consolidated Akwa Ibom Enhanced Salary Structure (CONAKESS) in June 2020.
There was a high turnout of students as schools resumed in Abuja following the Federal Government’s directive that schools should reopen for students in exit classes.