Category Archives: (KFGO The Mighty 790) Technology
Reeling from China’s crackdown, Alibaba and Tencent readying big job cuts – sources
By Julie Zhu, Yingzhi Yang and Yew Lun Tian (Reuters) - Alibaba Group and Tencent Holdings are preparing to cut tens of thousands of jobs combined this year in one of their biggest layoff rounds as th...
Syndicated Content Mar 16, 2022
NortonLifeLock’s $8.6 billion Avast deal faces in-depth UK probe
(Reuters) -U.S. cybersecurity firm NortonLifeLock Inc's $8.6 billion purchase of rival Avast Plc will face an in-depth probe by Britain if competition concerns are not addressed, the UK anti-trust reg...
Syndicated Content Mar 16, 2022
BMW cuts 2022 profit forecast for car segment due to Ukraine war
BERLIN (Reuters) - BMW lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, the German carmaker said on Wednesday. BMW Group now predicts growth of ear...
Syndicated Content Mar 16, 2022
Exclusive: Tesla stops work at Shanghai factory for two days amid China COVID curbs – internal notice
SHANGHAI (Reuters) - Electric vehicle giant Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens COVID restric...
Syndicated Content Mar 16, 2022
Apple supplier Foxconn’s Q4 profit beats estimates
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker which counts technology giants such as Apple Inc among its major clients, reported a fourth-quarter profit on Wednesd...
Syndicated Content Mar 16, 2022
Samsung Elec sees strong year for chip and components unit – CEO
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd expects its chip and components division to perform strongly this year as it looks to boost supply by improving operations in a tight global m...
Syndicated Content Mar 16, 2022
Chinese EV maker BYD raises prices citing jump in raw materials costs
SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker BYD Co Ltd late on Tuesday said it would raise prices on its cars by 3,000-6,000 yuan ($471-942), citing the rising cost of raw materials. The ...
Syndicated Content Mar 15, 2022
Soccer-Barcelona and Spotify agree sponsorship deal
(Reuters) - Barcelona have signed a shirt and stadium sponsorship deal with audio streaming platform Spotify, the Spanish club announced on Tuesday. The brand will appear on the front of the men's and...
Syndicated Content Mar 15, 2022
Cadillac Lyriq EV draws robust response ahead of spring launch
(Reuters) - The 2023 Cadillac Lyriq appears to be an early winner some two months before the first of the new electric crossovers begin arriving at U.S. dealers, General Motors officials said on Tuesd...
Syndicated Content Mar 15, 2022
Volvo Cars teams up with Starbucks for pilot EV charging network
(Reuters) - Volvo Cars U.S. said on Tuesday it was partnering with coffee giant Starbucks Corp to create a public electric vehicle (EV) charging network that is set to begin this summer. The Swedish a...
Syndicated Content Mar 15, 2022

