Tag Archives: loss
AppleCare+ now covers two incidents of accidental damage per year
LG Display’s TV and phone screens struggle against cheaper Chinese rivals
Unable to compete with the glut of cheaper Chinese LCD panels, LG Display has replaced its chief executive and is looking to cut jobs. Early this week, the South Korean company held an emergency board meeting to accept the resignation of Han Sang-beo...
The Internet Archive will host 490,000 music tracks ‘lost’ by MySpace
When MySpace announced that it had "accidentally" (and there are question marks around that) lost 12 years of content last month, former users were devastated to learn that many of their audio files -- which they assumed would continue to exist on th...
Drone giant DJI will take a huge loss due to employee fraud
The world's largest drone-maker, DJI, has reported that it will take a loss of up to a billion yuan ($150 million) due to employee fraud, according to Bloomberg and other sources. The company said that it fired multiple employees who apparently infla...
Uber lost over $1 billion in Q3 as it closes in on an IPO
Uber, according to its self-reported financials, said it lost (on a GAAP basis) $1.07 billion as it continues to invest in new areas, such as bicycles, scooters and freight shipments. The company is still growing however, as revenue rose 38 percent f...
Antarctic Ice Loss Rate has Tripled in Last Five Years
In the last six odd years or so, the rate of ice loss from Antarctica has tripled. Thus sea levels along the coastlines of the world’s cities have gone up by 3 mm.So much change in such a short...
Antarctic Ice Loss Rate has Tripled in Last Five Years
In the last six odd years or so, the rate of ice loss from Antarctica has tripled. Thus sea levels along the coastlines of the world’s cities have gone up by 3 mm.So much change in such a short...
Lenovo continues to struggle as a smartphone maker
Lenovo has published its earnings for the fourth quarter of the 2017/18 financial year, and the results are... mixed. One of the report's biggest headlines is that the company posted its fastest pace of revenue growth in more than two years, thanks l...
Scientists Develop a Novel Approach to Treat Hearing Loss
Researchers have found a new efficient way to repair damaged cells and nerves inside the ear. It is actually an improved drug-delivery method and could restore hearing for millions of elderly and...