Category Archives: (KFGO The Mighty 790) Technology
Global tech show CES in Las Vegas returns in 2022 in person, but smaller
By Jane Lanhee Lee (Reuters) - Global tech show CES, held every year in January in Las Vegas, will return to the physical world in 2022, but organizer Consumer Technology Association said on Wednesday...
Syndicated Content Apr 28, 2021
Buffett-backed EV maker BYD’s profit grew 111% in first-quarter
BEIJING (Reuters) - Chinese electric vehicle maker BYD Co Ltd, which is backed by U.S. investor Warren Buffett, on Wednesday reported growth of 110.7% in first-quarter net profit. BYD reported 237.4 m...
Syndicated Content Apr 28, 2021
Shapeways agrees SPAC merger with Galileo to go public
By Joshua Franklin NEW YORK (Reuters) - 3D-printing technology provider Shapeways Inc said on Wednesday it has agreed to go public through a merger with blank-check acquisition firm Galileo Acquisitio...
Syndicated Content Apr 28, 2021
Discovery’s global paid streaming subscriber count hits 15 million
(Reuters) - Discovery Inc said on Wednesday its global paid streaming subscriber count had reached 15 million, as more people dropped their cable packages in favor of video-on-demand platforms. Discov...
Syndicated Content Apr 28, 2021
Tesla records $27 million in impairment losses on bitcoin investment
(Reuters) - Tesla Inc recorded $27 million of impairment losses on its bitcoin investment, the electric carmaker said in a filing on Wednesday. (https://bit.ly/2PtMZ5A) (Reporting by Subrat Patnaik in...
Syndicated Content Apr 28, 2021
Spotify results beat estimates as more users tune in
STOCKHOLM (Reuters) - Spotify Technology SA beat Wall Street estimates for first-quarter revenue and paid subscribers on Wednesday, as the music streaming company launched in newer markets and recorde...
Syndicated Content Apr 28, 2021
Taiwan chipmaker UMC to spend $3.6 billion to expand capacity
TAIPEI (Reuters) - Taiwan chipmaker United Microelectronics Corp said on Wednesday it will spend T$100 billion ($3.59 billion) over the next three years to expand capacity at a plant in southern Taiwa...
Syndicated Content Apr 28, 2021
Analysis: Grab’s Nasdaq debut to test its $40 billion valuation, set roadmap for SPAC hopefuls
By Anshuman Daga SINGAPORE (Reuters) - Singapore's Grab more than doubled its valuation to $40 billion in about a year as part of the world's largest SPAC deal, but maintaining that level after its U....
Syndicated Content Apr 28, 2021
China’s Huawei reports quarterly revenue drop as smartphone income hit
SHENZHEN, China (Reuters) - China's Huawei Technologies saw revenue fall 16.5% in the first quarter compared to a year earlier, hurt by a dip in sales after selling its budget smartphone unit Honor in...
Syndicated Content Apr 28, 2021
War-rooms and oxygen: India’s IT companies scramble to handle COVID-19 surge
By Sethuraman N R and Anirban Sen BENGALURU (Reuters) - India's giant IT firms in Bengaluru and other cities have set up COVID-19 "war-rooms" as they scramble to source oxygen, medicine and hospital b...
Syndicated Content Apr 28, 2021

