Samsung warns of Q4 profit drop, blames unexpectedly low semiconductor demand – TechCrunch

Apple isn’t the only smartphone maker steeling itself (and analysts) for disappointing results. Samsung Electronics issued earnings guidance for the final quarter of 2018 today that not only marks its first quarterly profit decline in two years, but also fell far below analysts’ expectations. The company attributed the drop to lower-than-expected demand for its memory…

Alibaba acquires German big data startup Data Artisans for $103M – TechCrunch

Alibaba has paid €90 million ($103 million) to acquire Data Artisans, a Berlin-based startup that provides distributed systems and large-scale data streaming services for enterprises. The deal was first announced by European media, including EU-Startups, before being confirmed by both Alibaba and Data Artisans through blog posts. Data Artisans was founded in 2014 by the team leading…