| Samsung's not sweating the Note 7 in terms of profits, Faraday just keeps fumbling and Hyperloop gets more hype. It's The Daily Crunch for January 24, 2017. 1. Samsung saw huge profits despite Note 7 stumble Samsung's profits soared in the most recent quarter, as reported by the company's earnings this week. It had the highest jump in profits in three years, in fact, on the back of very strong chips and display component sales. This just goes to show that even when a company like Samsung takes a huge brand hit from something like its Note 7 recall, it has a diversified business that can make up for those losses in other places. 
2. Faraday Future faces another lawsuit Faraday Future has been sued by a special effects company for coming up short on its payment requirements for a job to create a digital presentation for its new vehicle. To be fair, a lot of companies don't make good on their requirements to pay contractors, but this shortfall is noteworthy because Faraday is widely considered to be in financial trouble. 3. Hyperloop Transportation Technologies opening France R&D center A large office focused on tech research and development will be a new France center of operations for Hyperloop Transportation Technologies, one of two companies trying to make Musk's Hyperloop a real thing, and the one with the most out-there approach. The HTT office could be interesting in terms of helping it move closer to commercialization, but Hyperloop One still looks out in front. 4. Alibaba beats big Alibaba has far exceeded analyst estimates with its most recent earnings report, which is huge for the commerce company, as some have suggested it might be nearing the end of its growth trajectory. 5. Google's Chromebooks are getting more educational Google announced new hardware and software tools that make Chromebook even better-suited to education. While Chromebooks may not have made much of a dent in the consumer markets, they're on fire in education, where low-cost and flexibility make them a very attractive option to under-resourced educators looking to boost tech presence in the classroom. 6. Ford, GM and FCA CEOs look very willing to play Trump ball Trump met with all three of the CEOs of the top U.S. automakers, and they all came out of the meeting saying positive things. Trump basically said he wants to remove barriers to them building U.S. manufacturing capability, but GM CEO Mary Barra at least mentioned the environment, which doesn't seem high on Trump's priority list. 7. Microsoft's new CTO is from LinkedIn Microsoft has named Kevin Scott of LinkedIn new CTO, which is one use of its expensive acquisition. Scott sounds like he has strong tech chops, so hopefully this turns out well for Redmond. | 
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