Category Archives: (KFGO The Mighty 790) Technology
Earnings whiplash points to more volatility for U.S. markets
By David Randall NEW YORK (Reuters) - Diverging earnings from megacap growth stocks are fueling wild swings in equities, opening the door for more volatility on the heels of last month's sharp drop as...
Syndicated Content Feb 04, 2022
Toshiba to invest $1 billion to double power chip production
TOKYO (Reuters) - Toshiba Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch up with power chip...
Syndicated Content Feb 04, 2022
Thailand’s Gulf Energy to seal crypto JV with Binance in Q2
By Chayut Setboonsarng BANGKOK (Reuters) - Thai power producer Gulf Energy Development Pcl expects to finalise a joint venture (JV) with the world's biggest cryptocurrency exchange, Binance, in the se...
Syndicated Content Feb 03, 2022
Storm clouds gather at SoftBank Group as valuations slide
By Sam Nussey TOKYO (Reuters) - Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of top portfolio companies slipping and heavy...
Syndicated Content Feb 03, 2022
Amazon trots out YouTube-sized advertising business
By Danielle Kaye NEW YORK (Reuters) - Amazon pulled the veil off its sprawling advertising business for the first time on Thursday, revealing a business larger than that of Google's YouTube. Amazon re...
Syndicated Content Feb 03, 2022
Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTs
By Blake Brittain (Reuters) - Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes, marking the latest lawsuit over digita...
Syndicated Content Feb 03, 2022
Analysis-Facebook usage dips for first time. Will Instagram follow?
By Paresh Dave and Elizabeth Culliford (Reuters) - TikTok, the pandemic and mobile data costs in India all helped draw people away from Facebook at an unprecedented rate last quarter. The big question...
Syndicated Content Feb 03, 2022
Activision misses quarterly adjusted sales estimates on subdued demand
(Reuters) -Activision Blizzard Inc, which is being acquired by Microsoft Corp for $68.7 billion, missed market estimates for fourth-quarter adjusted sales on Thursday, as the pandemic-fueled sales boo...
Syndicated Content Feb 03, 2022
Snap current quarter outlook beats estimates, shares skyrocket
By Sheila Dang (Reuters) - Snap Inc reported better-than-expected fourth quarter revenue and user growth on Thursday, and provided a first quarter outlook that surpassed analyst estimates, sending its...
Syndicated Content Feb 03, 2022
Amazon hikes Prime membership fees in U.S
(Reuters) - Amazon.com Inc said on Thursday it would increase the prices of its Prime membership in the United states, sending its shares up over 10% in extended trading. The monthly fee will increase...
Syndicated Content Feb 03, 2022

