Category Archives: (KFGO The Mighty 790) Technology
Tesla aims to restart Fremont plant as soon as Friday: Bloomberg
(Reuters) - Tesla Inc plans to reopen its sole U.S. car plant in Fremont, California as soon as Friday, Bloomberg reported https://www.bloomberg.com/news/articles/2020-05-08/tesla-aims-to-restart-frem...
May 08, 2020
Japan’s Sharp halves full-year profit forecast as virus hits tech demand
TOKYO (Reuters) - Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak. Sharp, which...
May 08, 2020
Siemens sees strongest coronavirus impact in next quarter as second-quarter profit plunges
ZURICH (Reuters) - Siemens expects "even stronger impacts" from the coronavirus pandemic in the weeks ahead, it said on Friday as it ditched its 2020 guidance and posted an 18% drop in industrial prof...
May 08, 2020
Lyft to require passengers and drivers to wear masks
By Moira Warburton and Tina Bellon TORONTO/NEW YORK (Reuters) - Lyft will require both passengers and drivers to wear masks and complete a health certification program, including confirming before eac...
May 07, 2020
India’s Reliance says Vista Equity to invest $1.50 billion in digital arm
(Reuters) - India's Reliance Industries Ltd said on Friday private equity firm Vista Equity Partners would invest 113.67 billion rupees ($1.50 billion) in its Jio platforms for a 2.32% stake. "This in...
May 07, 2020
California sets rules to reopen manufacturing; Tesla’s Musk cheers
SAN FRANCISCO (Reuters) - California has set rules to allow state manufacturers to begin reopening on Friday from a coronavirus lockdown, Governor Gavin Newsom said, drawing an enthusiastic "Yeah!!" o...
May 07, 2020
Roku posts bigger loss due to higher spending; shares fall 7%
(Reuters) - Roku Inc posted a bigger net loss in the first quarter on Thursday, as the video streaming device maker spent more to attract subscribers to its free ad-supported channel, sending its shar...
May 07, 2020
Zoom pushes ahead on security, buying Keybase and reaching pact with New York
By Supantha Mukherjee (Reuters) - Zoom Video Communications Inc pushed forward on Thursday in its effort to revamp its security, striking a deal with the New York attorney general's office to protect ...
May 07, 2020
Dropbox quarterly results beats estimates
(Reuters) - Dropbox Inc's quarterly revenue and profit beat Wall Street estimates on Thursday, as the file-hosting company signed up more paying customers on its platform with people shifting to remot...
May 07, 2020
Uber sees encouraging signs in reopening markets, posts $2.9 billion loss
By Akanksha Rana and Tina Bellon (Reuters) - Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14% rise in revenue growth, suppo...
May 07, 2020
