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The cyberattack on Jaguar Land Rover (JLR), owned by India’s Tata Motors (TAMO.NS), has cost the UK economy an estimated £1.9 billion ($2.55 billion) and disrupted more than 5,000 organisations, according to a report published Wednesday by the Cyber Monitoring Centre (CMC). The CMC, an independent body comprising cybersecurity experts including the former head of […]
Netflix (NFLX.O) shares dropped 5.6% in after-hours trading on Tuesday after the streaming giant missed Wall Street’s third-quarter profit estimates due to an unexpected $619 million tax expense in Brazil. Despite record ad sales and a promising year-end outlook, the extra charge dragged down earnings and overshadowed otherwise steady revenue growth. For the quarter ending […]
Samsung Electronics (005930.KS) has officially entered the extended reality (XR) arena with the launch of its Galaxy XR headset, developed in collaboration with Google and Qualcomm, as it seeks to rival Apple’s Vision Pro and Meta’s Quest devices. Priced at $1,799, roughly half the cost of Apple’s headset, the Galaxy XR marks Samsung’s most ambitious […]