Four-day workweeks might have all the buzz, but one major tech company is going in the opposite direction. Samsung is implementing a six-day workweek for all executives after some of the firm’s core businesses delivered lower-than-expected financial results last year. A Samsung Group executive told a Korean news outlet that “considering that performance of our major units, including Samsung Electronics Co., fell short of expectations in 2023, we are introducing the six-day work week for executives to inject a sense of crisis and make all-out efforts to overcome this crisis.” Lower performance combined with other economic uncertainties like high borrowing…
Author: insighter
Image Resources NL (AU:IMA) has released an update. Image Resources NL reports promising pre-feasibility study results for its Yandanooka project, revealing a pre-tax net present value of A$151 million and a swift capital payback period of 15 months. The project, set to produce 1.04 Mt of heavy mineral concentrate over an 8.2-year mine life, is seen as a potential backup or addition to the company’s Atlas project. Following these results, Image will advance to a bankable feasibility study expected to be completed within the current year. For further insights into AU:IMA stock, check out TipRanks’ Stock Analysis page.
ADT and Vivint are both popular home security providers that offer alarm systems with rich features. Both companies offer professional installation and monitoring and sell equipment as packages instead of individual items. Overall, ADT’s packages are less expensive than Vivint’s, and ADT gives customers the option to choose self- or pro-monitoring. ADT is also one of the most well-known home security companies, with almost 150 years in business. However, ADT requires a multiple-year contract for professional monitoring, while Vivint offers month-to-month payments (unless you’re financing the equipment). Vivint also has higher average customer reviews and a cleaner privacy record than…
Like a number of companies that went public during the pandemic, 23andMe has for months been trying to manage a terrible case of SPAC-itis, an inflammation that causes plunging stock values due to the business being, as one analyst put it, not “ready for prime time.” 23andMe, the DNA-testing powerhouse that once threw celebrity “spit parties,” went public in 2021 by merging with a special purpose acquisition company (SPAC) funded by billionaire Richard Branson. Briefly, it attained a $6 billion valuation, but as 23andMe struggled to turn a profit and regain trust after a massive data breach, enthusiasm cooled. Now,…
Netflix’s financial report highlights that 9.33 million subscribers have joined the streaming service. Today, Netflix reported its first-quarter earnings report, and there is a lot for the content giant to be happy about. The company would open the report by saying “revenue was up 15%, our operating income grew by 54% and our operating margin rose by seven percentage points to 28%.” Netflix Q1 Report Netflix’s financial prowess was further underscored by its revenue of $9.37 billion, a figure that surpassed the $ 9.26 billion projected by analysts and industry experts. This translates to an impressive $5.28 of earnings per…
Savvy frequent flyers know that having an arsenal of tools at their disposal when planning travel or while on the road is key to a stress-free experience. ExpertFlyer is a website that offers an array of tools and information that can help travel run smoothly, from finding available award seats to flight tracking and seat maps. Here’s an overview of what you can expect when using ExpertFlyer and what’s available to those who purchase the full premium access version. ExpertFlyer is a website with free, paid and premium paid subscriptions that allows travelers to search for frequent flyer award and…
Startups building cryptocurrency and blockchain tech are helping revive an embattled category.
This article originally appeared on Business Insider. Meta’s large language model and AI assistant are getting upgrades. On Thursday, the company released the first models of Llama 3 in two sizes, 8B and 70B parameters. They’ve also been integrated into Meta AI, the company’s AI assistant. “With this new model, we believe Meta AI is now the most intelligent AI assistant that you can freely use,” CEO Mark Zuckerberg said Thursday in an Instagram post. Meta said in a blog post Thursday its newest models saw “substantially reduced false refusal rates, improved alignment, and increased diversity in model responses,” as…
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. American workers expect to retire at a median age of 65, according to a 2023 survey from the Employee Benefit Research Institute (EBRI). But the actual median age for retirement is 62, the survey found. That may not seem like a big gap, but if you retire three years earlier than planned, that’s three fewer years of savings and three more years…
Google recently made headlines globally because its chatbot Gemini generated images of people of color instead of white people in historical settings that featured white people. Adobe Firefly’s image creation tool saw similar issues. This led some commentators to complain that AI had gone “woke.” Others suggested these issues resulted from faulty efforts to fight AI bias and better serve a global audience. The discussions over AI’s political leanings and efforts to fight bias are important. Still, the conversation on AI ignores another crucial issue: What is the AI industry’s approach to free speech, and does it embrace international free…
Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Keeping your team happy and productive is a constant job that’s always evolving. Some days, the challenge of the work might be enough to get things moving. Other days, you might need a little boost to bring up the morale around the office. ForestNation even reports a simple way of boosting morale is just to get your employees little gifts to show you…
Class 1 Nickel & Technologies Ltd. (TSE:NICO) has released an update. Class 1 Nickel & Technologies Ltd. is advancing its Alexo-Dundonald Nickel Project in Timmins, Canada, with an anticipated update on the Mineral Resource Estimate for the Alexo South Nickel Deposit. The company is focusing on expanding resources at its four existing deposits, while also planning exploration programs to uncover the potential of large-tonnage, low-grade nickel deposits in the region. These efforts align with the company’s dual strategy to develop both high-grade and large-tonnage nickel resources within the prolific Timmins Mining Camp. For further insights into TSE:NICO stock, check out…