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LG is shutting down its smartphone business worldwide

LG said on Monday it will close its loss-making mobile phone business worldwide as the once pioneer brand looks to focus its resources in “growth areas” such as electric vehicle components, connected devices, smart homes, robotics, AI and B2B solutions, and platforms and services. The South Korean firm said in a statement that its board...

LG confirms it’s getting out of the smartphone business
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LG confirms it’s getting out of the smartphone business

LG is exiting the smartphone business, the company confirmed today. The decision will “enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services,” LG said in a statement. Existing phones will remain on sale, and...

Personal data of 533 million Facebook users leaks online
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Personal data of 533 million Facebook users leaks online

Personal data from 533 million Facebook accounts has reportedly leaked online for free, according to security researcher Alon Gal. Insider said it verified several of the leaked records. “The exposed data includes personal information of over 533 million Facebook users from 106 countries, including over 32 million records on users in the US, 11 million...

Earn IT Certifications in Cloud Computing, Project Management, Blockchain, and More With This Online Learning Library
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Earn IT Certifications in Cloud Computing, Project Management, Blockchain, and More With This Online Learning Library

Get certified in cloud computing, digital marketing, Linux, and much more. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! April 4, 2021 2 min read Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get...

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You might have just missed the best time to sell your startup

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here.  Happy Saturday, everyone. I do hope that you are in good spirits and in good...

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Amazon addresses pee bottle denial tweet

Amazon kicked off the holiday weekend by backtracking slightly on a social media offensive that unfolded in the waning days of a historic unionization vote. The earlier  comments reportedly arrived as Jeff Bezos was pushing for a more aggressive strategy. Along with taking on Senators Bernie Sanders and Elizabeth Warren, the Amazon News Twitter account...

Nonobvious acquisitions are on my 2021 bingo board
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Nonobvious acquisitions are on my 2021 bingo board

At the end of 2020, I argued that edtech needs to think bigger in order to stay relevant after the pandemic. I urged founders to think less about how to bundle and unbundle lecture experience, and more about how to replace outdated systems and methods with new, tech-powered solutions. In other words, don’t simply put...