Tesla has reported its first-ever decline in annual revenue on a busy day for corporate earnings that also saw the release of results from Microsoft, Meta and Samsung Electronics. Elon Musk's electric car company said on Wednesday that revenue fell 3 percent year-on-year to $24.9bn in the final quarter of 2025. Revenue for all of 2025 was $94.8bn, down from $97.7bn the previous year. The Austin, Texas-based company also revealed that it had agreed to invest $2bn in Musk's artificial intelligence start-up xAI - the developer of Musk's controversial Grok chatbot - as part of a push to lessen its reliance on the auto market. "Together, the investment and the related framework agreement are intended to enhance Tesla's ability to develop and deploy AI products and services into the physical world at scale," the company said in its earnings report.

South Korea's top trade envoy Yeo Han-koo said Thursday that Samsung Electronics and SK Hynix will not be subject to 100% U.S. tariffs on chips. Yeo said on radio that among various countries, South Korea will face the most favorable U.S. tariff rates on chips under the trade deal between Washington and Seoul. U.S. President Donald Trump said Wednesday the United States will impose a tariff of about 100% on semiconductors imported from countries not producing in the U.S. or planning to do so. But it would not apply to companies that had made a commitment to manufacture in the U.S. or were in the process of doing so. Trump's comments were not a formal announcement and much remains unclear.

South Korean tech giant Samsung Electronics said on Tuesday that its co-chief executive officer Han Jong-hee has died due to cardiac arrest. Han was in charge of Samsung's consumer electronics and mobile devices division, while co-CEO Jun Young-hyun oversees the chip business of South Korea's biggest company. Han passed away at a hospital on Tuesday while being treated for cardiac arrest, a company spokesperson said, adding that a successor had not yet been decided. The South Korean firm has been suffering from weak earnings and sagging share prices in recent quarters after falling behind rivals in advanced memory chips and contract chip manufacturing, which have enjoyed strong demand from artificial intelligence projects. Samsung has also ceded its smartphone market crown to Apple.

South Korean tech giant Samsung Electronics said on Tuesday that its co-chief executive officer Han Jong-hee has died due to cardiac arrest. Han was in charge of Samsung's consumer electronics and mobile devices division, while co-CEO Jun Young-hyun oversees the chip business of South Korea's biggest company. Han died at a hospital on Tuesday while being treated for cardiac arrest, a company spokesperson said, adding that a successor had not yet been decided. Samsung Electronics shares were flat in morning trade. The South Korean firm has been suffering from weak earnings and sagging share prices in recent quarters after falling behind rivals in advanced memory chips and contract chip manufacturing, which have enjoyed strong demand from artificial intelligence projects.

Samsung Electronics expects its profits for the three months to June 2024 to jump 15-fold compared to the same period last year. An artificial intelligence (AI) boom has lifted the prices of advanced chips, driving up the firm's forecast for the second quarter. The South Korean tech giant is the world's largest maker of memory chips, smartphones and televisions. The announcement pushed Samsung shares up more than 2% during early trading hours in Seoul. The firm also reported a more than 10-fold jump in its profits for the first three months of this year.

Staff at Samsung Electronics, one of the world's largest smartphone manufacturers and also one of the only companies producing high-end semiconductors, have taken industrial action for the first time as part of a six-month campaign for better pay. Son Woo-mok, head of the National Samsung Electronics Union (NSEU), which represents tens of thousands of people, said that employees were taking their paid leave entitlements simultaneously on Friday. "It's difficult to provide an exact number, but from what I've seen of the workplace attendance in the morning, there is a significant difference from the usual," he said. Samsung has been locked in negotiations with the unions over pay since January. The company has offered a 5.1 percent pay rise this year, while the union has said that it wants an additional day of annual leave as well as transparent performance-based bonuses.

Samsung Electronics has added to its SmartThings features, introducing the SmartThings station, which gives users a wider room to remotely control home-use Samsung appliances, placing homeowners as the operators over home-based devices from any distance. The company has announced its new partnership and vision to reduce carbon emissions for home-use appliances by 2050. Samsung is also part of the founders of the Home Connectivity Alliance (HCA). HCA is a fifteen-membership organization dedicated to promoting the safe and secure use of appliances through interoperability and proper energy consumption. SmartThings station is a centralized and integrated control device that supports multiple device connections concurrently; the device is designed with up to 15W wireless charging capacity for compatible devices.

Described as the Airbnb for data scientists, Kaggle is a crowdsourcing platform for aspirants to nurture, train and challenge their learnings. The search for "Kaggle" has increased by 55 percent over five years, and the platform has over 8 million users across 194 countries. While the platform trains several aspirants, it also has many established data scientists. Analytics India Magazine analysed the top 100 Kaggle grandmasters as of April 2022 to explore the top companies represented by them. Here's the latest breakdown of what users do on Kaggle.

South Korean tech giant Samsung Electronics said Thursday its operating profit rose 53.3 percent in the fourth quarter of 2021, as record sales helped overcome pandemic-induced supply chain challenges. The world's biggest smartphone maker said its operating profit rose to 13.87 trillion won ($11.55 billion) for the October-December period in 2021, up from nine trillion won in the same quarter the previous year. Thanks to high memory chip prices and strong consumer demand, Samsung had its highest annual sales of 279.6 trillion won in 2021, an 18 percent jump from a year earlier, the company said in a regulatory filing. Samsung achieved "record sales thanks to competitive products, despite continuing uncertainty," the tech giant said in a statement, singling out solid demand for its premium smartphone lines. While the Covid-19 pandemic has wreaked havoc on the global economy, it has helped many tech companies boom.

Samsung Electronics' AI human avatar Neon, unveiled virtually at CES 2021, assists a customer at Shinhan Bank in South Korea. LAS VEGAS -- Samsung Electronics' artificial humans unveiled virtually last year might return as a personal assistant and housekeeper at CES 2022. According to the South Korean tech giant Monday, it will unveil an artificial intelligence-based "avatar" at CES 2022. The AI avatar will visualize a home into a digital world like a metaverse, locate users' location in the real world and connect them with surrounding devices. "The AI avatar is a'life assistant' that can do the work on behalf of users anywhere and anytime. It can understand on-device conversations and control home appliances," a Samsung Electronics official said.