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LG's exit from smartphone business to benefit Samsung, analysts say

"Apple tends to cater to the higher end of the (US) market; so it might grab a small portion of LGs sales," Gartner analyst Tuong Nguyen said. "Its more likely that Samsung inherits a lot of it because both vendors compete across similar markets." Globally, LGs market share shrank to 2 per cent in 2020, a massive drop from its status as the worlds third-largest smartphone maker behind Samsung Electronics and Apple during its peak in 2013. The company shipped 23 million phones last year, compare...
United States South Korea South Korean Tarun Pathak Tuong Nguyen Youtuber Marques Brownlee

Rupert Murdoch's News Corp signs media deal with Google

SHARE News Corporation struck a global news deal with Alphabets Google, the Rupert Murdoch-controlled media company said on Wednesday, in one of the most extensive deals of its kind with big tech. The companies will develop a subscription platform, share advertising revenue through Googles ad technology services, build out audio journalism and develop video journalism by YouTube. The deal comes after years of public feuding between Murdoch and Google, most recently in Australia, where Google ha...
United States United Kingdom Robert Thomson David Chavern Jason Kint Thomson Reuters

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