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Month: January 2023

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  • Samsung expects phone market shrink in 2023.

Samsung expects phone market shrink in 2023.

After the 2022 problems, the phone market shrinks once more. Samsung Electronics Co., the world’s largest smartphone manufacturer, forecasts a drop in mobile device demand this year following the economic…

Bitcoin is approaching its historical January

The largest token has added more than 40% since the beginning of the year. Bitcoin is on track to have its best January since 2013, thanks to bets that the…

Nokia and Samsung agreed on 5G patents.

The deal was concluded after the expiration of the previous agreement. Nokia Oyj has signed a new multi-year patent cross-licensing agreement with Samsung Electronics, allowing the mobile phone manufacturer to…

Moody’s is working on a scoring system.

The scoring system will analyze up to 20 stablecoins. Moody’s Corp. is developing a scoring system for stablecoins, the most popular cryptocurrency tokens, as the asset class grows and faces…

Tesla receives a $5 billion credit line.

The company is approaching investment-grade status. Banks have approved a new $5 billion revolving credit line for Tesla Inc., the latest sign that the company is approaching investment-grade status. According…

The US sues Google

The Justice Department calls for splitting Google’s advertising business. The US Department of Justice and eight states have filed a lawsuit against Google Alphabet Inc., demanding that the search and…

Spotify will cut about 6% of jobs.

Streaming behemoth joins tech firms Spotify Technology SA plans to lay off about 6% of its workforce, or 600 people, joining a slew of other tech companies in cutting costs.…

The US dollar falls.

The US dollar is close to a new low for the year. The US dollar is approaching a new low for the year as weak economic data and dovish comments…

OSL’s Digital Asset Platform Cuts Headcount

Turbulence in the cryptocurrency markets continues to affect the entire industry. As the sector as a whole continues to be negatively impacted by the volatility in the cryptocurrency markets, OSL,…

Just Eat orders fell in the latest quarter.

Customers started placing fewer orders than expected. Due to rising living expenses and a slowdown in the online food industry, Just Eat Takeaway.com NV’s consumers placed fewer orders in the…

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