Facebook Inc debuted an overhaul of its core social network on Tuesday, taking its first concrete steps to refashion itself into a private messaging and e-commerce company as it tries to move past scandals while tapping new revenue sources.
The Nasdaq fell and S&P 500 was flat Tuesday after hitting all-time highs in the previous session as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results.
Samsung has unveiled a TV that switches from a horizontal, landscape-style orientation to vertical – so it can easily display smartphone content.
The 43in device is called Sero and comes with an integrated easel-like stand upon which the screen pivots.
It will go on sale in South Korea towards the end of May and cost 1.89m won (£1,250).
One TV analyst said it was an interesting concept – but might have limited applications.
Sero will come with a microphone and Samsung’s virtual assistant Bixby built in. It can also be set up to display photographs, a clock face or other images.
Among the content users might choose to watch on it may be a new series of shows by Snapchat, designed for mobile consumption and set to be launched in May.
It was an interesting design but faced challenges in the TV market, said Matthew Rubin at market research firm Futuresource.
“The use case for the Sero, beyond that of a regular landscape position TV, is limited, especially with a relatively high price tag,” he said.
“A lot of content from the likes of YouTube is already in landscape mode.
“It is telling that the TV will initially launch in South Korea, which is a market with very high mobile phone usage, so the likely success can be gauged quite early.”
The South Korean tech giant is known for its sometimes experimental TV designs. In 2017, it showed off a TV with a wooden frame that is designed to display artwork and look more like a painting when not in use.
And earlier this year at the CES tech trade show in Las Vegas, the firm unveiled a 75in (190cm) television made of modular micro LED panels.
The BBC has asked Samsung whether the Sero is likely to be released outside South Korea and is awaiting a response.
President Donald Trump, his three oldest children and the Trump Organization have sued Deutsche Bank AG and Capital One Financial Corp to try to block them from responding to subpoenas issued by U.S. congressional Democrats seeking financial records.
Shuffling across his frozen fields, farmer Jim Taphorn hunched his shoulders against the wind and squinted at the auctioneer standing next to his tractors.After a fifth harvest with low grain prices, made worse last fall by the U.S.-China trade war, the 68-year-old and his family were calling it quits. Farming also was taking a physical toll on him, he said; he’d suffered a heart attack 15 months before.
South Korea’s Samsung Electronics Co Ltd flagged improved second-half results on expectations of a pick up in memory chip and smartphone sales, after posting its weakest profit in more than two years in the first quarter.
U.S. President Donald Trump, three of his children and seven of his companies filed a federal lawsuit Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings.
Samsung Electronics Co Ltd on Tuesday flagged better second-half results after posting a 60 percent drop in first-quarter profit, pointing to higher expected sales of memory chips and smartphones.
Anadarko Petroleum Corp said on Monday it would negotiate with Occidental Petroleum Corp over its $38 billion cash-and-stock bid, after determining it could get a better deal than its agreed $33 billion sale to Chevron Corp.
U.S. stocks were higher in Monday afternoon trading, with the S&P 500 and the Nasdaq hitting record highs, as consumer spending rose in March and benign inflation data underscored the Federal Reserve’s accommodative stance on interest rates.