All articles by Swagath Bandhakavi
Swagath Bandhakavi
Samsung expects Q1 profit beyond forecasts amid US tariff anticipation
The South Korean firm projects an operating profit of $4.5bn, notably exceeding the analyst consensus of $3.47bn as reported by LSEG SmartEstimate.
UK court declines government’s bid for secrecy in Apple encryption case
The Investigatory Powers Tribunal rejected the UK government’s claim that public knowledge of the case could jeopardise national security.
76% of US insurers adopt GenAI, but only 45% believe benefits outweigh risks
As per the survey by Deloitte, 82% of life and annuity insurers have adopted GenAI in at least one business function, compared to 70% of property and casualty insurers.
Samsung profits predicted to fall as AI chip sales weaken
Forecasts from LSEG SmartEstimate indicated that Samsung’s operating profit for January to March 2025 would be $3.62bn, a decline from $4.5bn during the same period the previous year.
CMA clears IBM-HashiCorp deal, citing limited competition overlap
The UK regulator will not refer IBM’s proposed acquisition of HashiCorp to a phase two investigation, finding no realistic prospect of a substantial lessening of competition in the UK market.
Hackers breach major Australian superannuation funds in large-scale cyberattack
National Cyber Security Coordinator Michelle McGuinness said cyber criminals had targeted Australia’s A$4.2 trillion superannuation sector, with a coordinated government response now underway.
Amazon Kuiper satellite launch to begin April 9 with 27 satellites aboard Atlas V
The KA-01 mission marks the first stage in the rollout of Amazon’s first-generation satellite network, which is expected to grow to more than 3,200 low Earth orbit satellites.
Royal Mail probes possible breach after cybercriminal posts customer data
Royal Mail has confirmed that its postal operations remain unaffected by the incident and that no disruption to services has been recorded.
Cybersecurity remains top investment for manufacturers amid widening digital maturity gap
The survey by ABI Research shows that nearly two-thirds of manufacturers consider strengthening cybersecurity their top investment priority.
UK risks global AI isolation under strict copyright rules, report claims
A report from the Tony Blair Institute claims that mandatory licensing for UK content used in AI training could drive companies to shift development abroad to more permissive regulatory environments.