Published on: 2025-04-30 20:26:00
Bottom line: More than four years after Mark Zuckerberg rebranded Facebook as Meta to chase his metaverse vision, the company has poured tens of billions into the effort – with little to show for it. The ongoing losses have raised serious doubts about the strategy and its long-term viability. Insiders say the metaverse project has become a financial sinkhole, consuming $45 billion by early 2025. That's nearly equal to the combined market caps of social media rivals Snap and Pinterest – or the a
Keywords: billion division financial losses meta
Find related items on AmazonPublished on: 2025-05-31 20:38:00
Consumer electronics and semiconductor giant Samsung will transition leadership after the death of its co-CEO Han Jong-hee, who died after being treated for a heart attack. A week before his death, Samsung appointed a new co-CEO, Jun Young-hyun, who will take over as the company's leader following Han's death, according to the company. Han joined Samsung in 1988 during a period of major transition. Decades later, he would take over the consumer division in 2021 after a successful run at the hea
Keywords: company death division han samsung
Find related items on AmazonPublished on: 2025-06-21 13:29:35
Robert Triggs / Android Authority TL;DR Samsung is reportedly thinking about transferring the Exynos chip unit to the smartphone division. This could theoretically make for tighter integration with Galaxy phones, akin to Apple iPhones and their A-series silicon. The chips are currently designed by Samsung LSI, which also offers Exynos silicon to other phone makers. Samsung traditionally relies on Exynos chipsets, designed by its LSI division, for some of its flagship and mid-range phones. Ho
Keywords: chips division exynos samsung unit
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