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SDAIA Launches 'Open Data Datathon' to Improve Talents in Data Sciences

The registration in the Datathon opened Wednesday and continues until September 30
The registration in the Datathon opened Wednesday and continues until September 30
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SDAIA Launches 'Open Data Datathon' to Improve Talents in Data Sciences

The registration in the Datathon opened Wednesday and continues until September 30
The registration in the Datathon opened Wednesday and continues until September 30

The Saudi Data and Artificial Intelligence Authority (SDAIA) has launched the "Open Data Datathon," which aims at improving skills and talents in data technologies and enhancing innovation in the Kingdom.

The registration in the Datathon opened Wednesday and continues until September 30, targeting the registration of 200 male and female students, entrepreneurs, and graduates from data-related majors locally and internationally.

The Datathon is scheduled to begin during the period from October 26 to 28 in person in Riyadh. To qualify for the Open Datathon, the applicant must be at least 18 years old, with experience or knowledge in programming, and fluent in English.

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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far.

Its chip business struggled with weak sales of artificial intelligence chips, dogged by delays in the supply of its latest chips to Nvidia and continued losses in its contract chip manufacturing business, analysts said.

The world's largest memory chipmaker estimated an operating profit of 4.6 trillion won for the April-June period, versus a 6.2 trillion won LSEG SmartEstimate.

That would compare with 10.4 trillion won in the same period a year earlier and 6.7 trillion won in the preceding quarter.

Revenue would likely fall 0.1% to 74 trillion won from a year earlier, the filing showed.

Samsung is expected to release detailed results, including a breakdown of earnings for each of its businesses, in late July.