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Technology/IT

Samsung Electronics hit with quarterly profit slump

Samsung Electronics, the world's biggest smartphone and memory chip maker, reported a slump in first-quarter net profits Tuesday, in the face of a weakening chip market and rising competition. Net profits in the January-March period were 5.04 trillion won ($4.3 billion) -- the lowest since...

Huawei leak scandal rocks Britain's bickering government

Britain's splintered government was rocked Friday by a burgeoning scandal over who leaked news that Prime Minister Theresa May has conditionally allowed China's Huawei to develop the UK 5G network. The bitterly disputed decision was reportedly made at a Tuesday meeting of Britain's National...