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Samsung Electronics Sees Signs of Recovery in Memory Chip Market with Q3 Profit Beat

Samsung, the South Korean tech giant, reported a preliminary third-quarter profit drop of 78%, which, while significant, is not as severe as expected. This, according to experts, is an indication that the battered memory chip market might be on the path to recovery. The company’s estimated operating profit for the quarter was 2.4 trillion won … [Read more…]

ChatGPT mobile app sees record 15.6Mn downloads, $4.6Mn revenue in September, but growth slows

The popularity of ChatGPT saw OpenAI roll out a mobile-only version of the AI-powered chatbot earlier this year. And the app itself has been quite popular, if the statistics are any indication. On the contrary though, the rate of revenue growth and installs has slowed, according to media reports and analysis firm Appfigures. A TechCrunch … [Read more…]