Technology

LOS ANGELES  | Faced with losses, MoviePass discount tix service hikes fee

LOS ANGELES  — MoviePass, the discount service for movie tickets, is raising prices by 50 percent and barring viewings of most major releases during the first two weeks. The new $15-a-month rate for up to one movie each day still won’t make MoviePass profitable. Because it typically pays theaters the full cost of tickets — … Continue reading LOS ANGELES  | Faced with losses, MoviePass discount tix service hikes fee

SEOUL, South Korea | Nintendo reports jump in earnings thanks to Switch

SEOUL, South Korea — Nintendo Co. said Tuesday that its quarterly profit jumped 44 percent in the fiscal first quarter thanks to increased sales of Nintendo Switch game titles. The Japanese maker of Super Mario and Pokemon games said its net profit totaled 30.6 billion yen ($274.9 million) during the April-June period, compared with 21.3 … Continue reading SEOUL, South Korea | Nintendo reports jump in earnings thanks to Switch

SEOUL, South Korea | Samsung Electronics misses forecast on lower phone sales

SEOUL, South Korea — Samsung Electronics Co. reported a lower-than-expected gain in the second-quarter earnings Tuesday, indicating an end to its streak of record-breaking financial results as sales of smartphones and display panels slowed while memory chip profit stabilized. The South Korean tech giant said that its April-June net income stood at 10.98 trillion won … Continue reading SEOUL, South Korea | Samsung Electronics misses forecast on lower phone sales

HELSINKI  | Nokia profit hit as clients wary of spending on new networks

HELSINKI  — Nokia says its second-quarter earnings slumped as clients were not willing yet to increase spending on the faster but more expensive new generation of mobile networks and are seeking price cuts. The Finnish maker of telecommunications gear said Thursday that its net profit for the April-June period came in at 144 million euros … Continue reading HELSINKI  | Nokia profit hit as clients wary of spending on new networks

SEOUL, South Korea | Chipmaker SK Hynix reports record-high net profit

SEOUL, South Korea — South Korean chipmaker SK Hynix said Thursday its quarterly net profit surged 75 percent to a record high, as soaring global demand and tight supplies hiked memory chip prices. SK Hynix said its April-June net income was 4.3 trillion won ($3.8 billion), compared with 2.5 trillion won a year earlier. The … Continue reading SEOUL, South Korea | Chipmaker SK Hynix reports record-high net profit

SAN FRANCISCO | How Apple’s app store changed our world

SAN FRANCISCO — A decade ago, Apple opened a store peddling iPhone apps, unlocking the creativity of software developers and letting users truly make their mobile devices their own. The resulting explosion of phone apps — there are now more than 2 million for the iPhone alone — has changed daily life for billions of … Continue reading SAN FRANCISCO | How Apple’s app store changed our world

CAPE CANAVERAL | SpaceX delivers AI robot, ice cream, mice to space station

CAPE CANAVERAL, Fla.— The International Space Station got its first robot with artificial intelligence Monday, along with some berries, ice cream and identical brown mice. SpaceX’s capsule reached the station three days after launching from Cape Canaveral, Florida. Station astronaut Ricky Arnold used a large mechanical arm to grab the Dragon capsule as the spacecraft … Continue reading CAPE CANAVERAL | SpaceX delivers AI robot, ice cream, mice to space station

SAN FRANCISCO | Apple CEO intends to keep speaking out on social issues

SAN FRANCISCO —Apple CEO Tim Cook intends to continue lambasting U.S. immigration policies and other issues that trouble him to avoid falling into an “appalling silence.” Cook outlined his views on when CEOs should protest government policies during a Monday evening appearance at a business conference hosted by Fortune magazine..  His remarks came a week … Continue reading SAN FRANCISCO | Apple CEO intends to keep speaking out on social issues