Seoul: Samsung Electronics, the world’s biggest smartphone and memory chip maker, on Thursday reported a 26-per cent rise in fourth-quarter net profits year-on-year, with pandemic-driven working from home boosting demand for devices powered by its chips. The firm said profits in October to December rose 26.4 per cent year-on-year to 6.61 trillion won ($5.97 billion). […]

Facebook Inc soundly beat quarterly revenue estimates on Wednesday after heavy holiday advertising by e-commerce retailers, but it warned Apple’s impending privacy changes could hurt revenue by interfering with ad targeting. The world’s biggest social media company said in its outlook that it expected to face “significant ad targeting headwinds in 2021.” Facebook forecast that […]

San Francisco: Apple said Wednesday that profits surged in the final three months of the year on growing sales of iPhones and services, which lifted revenues to an all-time record. Profit in the period ended December 26 rose 29 per cent from a year ago to $28.7 billion (Dh105.4 billion), while revenues grew 21 per […]

Dubai: The UAE workforce may continue to see significant changes over the next one to two years. A new KPMG report revealed that nearly a quarter (23 per cent) of employees may continue to work remotely, while more than a quarter (28 per cent ) will likely require upskilling. The Future of HR in the […]

At least three recruiters approach Singapore-based software engineer Xiao Yuguang every day with job offers. Demand for Xiao’s skills has soared since he graduated in 2014 with a computer engineering degree but now he just ignores the offers, having recently joined TikTok owner Bytedance after several years with Southeast Asia’s Grab. “It’s not like I […]