Author: GT

Samsung’s semiconductor recovery has materialised during the third quarter of 2025, with the South Korean tech giant posting an operating profit of KRW 12.2 trillion (US$8.6 billion) – more than double the previous quarter and ending a streak of four consecutive quarterly declines in its chip division.The turnaround centred on Samsung’s Device Solutions division, which reported KRW 33.1 trillion in revenue and KRW 7.0 trillion in operating profit, an over tenfold increase from the June quarter.The Memory Business achieved what Samsung described as “record-high quarterly revenue,” driven by expanded sales of high-bandwidth memory (HBM3E) chips and server solid-state drives –…

UNIVERSAL STUDIOS, ORLANDO, FLORIDA, UNITED STATES – 2019/07/18: Comcast sign logo in the wall of a building at Universal Studios. (Photo by Roberto Machado Noa/LightRocket via Getty Images)Roberto Machado Noa | Lightrocket | Getty ImagesComcast will provide investors with an update on its broadband business when it reports third-quarter earnings on Thursday.The company, like its cable peers, has been facing fraught competition from alternative internet providers like 5G, or so-called fixed wireless. Earlier this year the company outlined initiatives meant to drive broadband growth — the cornerstone of Comcast’s business.Comcast’s stock is down roughly 30% in the last year as…

Self-driving truck startup Waabi shared Tuesday at TechCrunch Disrupt 2025 the launch of a new autonomous truck made in partnership with Volvo, the Volvo VNL Autonomous truck. The unveiling comes eight months since the Uber- and Nvidia-backed startup announced it was partnering with Volvo Autonomous Solutions to build a custom truck based on Volvo’s autonomy platform using Waabi’s software stack. Waabi CEO Raquel Urtasun said on TechCrunch Disrupt’s AI stage the company has the potential to be the first to commercialize self-driving trucks without a human safety driver or observer. The comment was a slight dig at Aurora, a competitor…

After two days full of live demos and pitches, it’s time to announce the five finalists at this year’s Startup Battlefield. These finalists were selected from an initial pool of thousands of applicants, with TechCrunch’s editorial team narrowing the field down to the 200 companies that all joined us here at Disrupt, with the Top 20 competing on the Disrupt Stage. With feedback from our expert judges, we’ve now selected our finalists, who will take the stage one more time at 11:30 a.m. PT on Wednesday to compete for our grand prize of $100,000 in equity-free funding, as well as…

Global advertising and marketing giant Dentsu has confirmed that its U.S.-based subsidiary Merkle experienced a cyberattack, prompting immediate incident response measures and system shutdowns to contain the breach. The company detected abnormal activity within Merkle’s network infrastructure, which led to proactive security protocols being deployed to minimize operational impact. Merkle, recognized as a leader in Customer Experience Management for Dentsu’s international operations, was targeted in the cyber incident that affected portions of its network systems. Upon discovering the suspicious activity, Dentsu’s security teams immediately activated incident response procedures and made the strategic decision to shut down certain systems as a…

President Donald Trump’s meeting Thursday with China’s top leader Xi Jinping produced a raft of decisions to help dial back trade tensions, but no agreement on TikTok’s ownership. “China will work with the U.S. to properly resolve issues related to TikTok,” China’s Commerce Ministry said after the meeting. It gave no details on any progress toward ending uncertainty about the fate of the popular video-sharing platform in the U.S. The Trump administration had been signaling that it may have finally reached a deal with Beijing to keep TikTok running in the U.S. Treasury Secretary Scott Bessent had said on CBS’s…

Indian automotive giant Tata Motors has fixed a series of security flaws that exposed sensitive internal data, including personal information of customers, company reports, and data related to its dealers. Security researcher Eaton Zveare told TechCrunch that he discovered the flaws in Tata Motors’ E-Dukaan unit, an e-commerce portal for buying spare parts for Tata-made commercial vehicles. Headquartered in Mumbai, Tata Motors produces passenger cars, as well as commercial and defense vehicles. The company has a presence in 125 countries worldwide and seven assembly facilities, per its website. Zveare said he found that the portal’s web source code included the…

The Shell gas station logo is displayed on February 13, 2025 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesBritish oil major Shell on Thursday reported stronger-than-expected third-quarter profit, citing robust operational performance and higher trading contributions.Shell posted adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of $5.05 billion, according to an LSEG-compiled consensus. A separate, company-provided analyst forecast had put Shell’s expected third-quarter profit at $5.09 billion.The London-headquartered firm reported adjusted earnings of $6 billion over the same period last year and $4.26 billion for this year’s April-June period.”Shell delivered another strong set of…

LG Uplus, one of the largest telecom operators in South Korea, has confirmed to TechCrunch that it has reported a suspected data breach to Korea’s national cybersecurity watchdog KISA but did not say when the results of its investigation would be available. All three major South Korean telecom providers — SK Telecom, KT Telecom, and now LG Uplus — have reported cybersecurity incidents over the past six months, pending confirmation from the Korean government. South Korea’s Ministry of Science and ICT told TechCrunch that its investigation into KT and LG Uplus, launched last month, is still ongoing, amid a report…

A Youtube podcast microphone is seen at the Variety Podcasting Brunch Presented By YouTube at Austin Proper Hotel in Austin, Texas, on March 8, 2025.Mat Hayward | Variety | Getty ImagesYouTube is offering voluntary buyouts with severance for U.S.-based employees as it restructures its product organization to focus more on artificial intelligence.The move comes as Google CEO Sundar Pichai pushes employees to boost productivity by using AI across the company.In an internal memo to staff, YouTube CEO Neal Mohan said the platform is reorganizing its product teams for the first time in a decade.”Looking to the future, the next frontier…