Category Archives: (KFGO The Mighty 790) Technology
US commerce chief says China export controls will hit companies’ revenue
By David Shepardson WASHINGTON (Reuters) - Commerce Secretary Gina Raimondo said on Wednesday the Biden administration is seeking to carefully target U.S. controls on exports to China, but rules will ...
Syndicated Content Jul 26, 2023
LG Energy Solution Q2 profit jumps 136% on strong demand for EV batteries
SEOUL (Reuters) - South Korea's LG Energy Solution Ltd on Thursday posted a 136% jump in quarterly profit, helped by rising demand for electric vehicle (EV) batteries. The company, which supplies Gene...
Syndicated Content Jul 26, 2023
Samsung Elec Q2 profit plunges 95% as chip glut persists
SEOUL (Reuters) - Samsung Electronics reported on Thursday a 95% plunge in quarterly profit, as the chip industry's downturn persisted despite output cuts due to weaker demand for products reliant on ...
Syndicated Content Jul 26, 2023
Microsoft to supply AI tech to Japan government -Nikkei
TOKYO (Reuters) - Microsoft Corp will provide artificial intelligence technology to the Japanese government after enhancing the processing power of its data centres located within the country, the Nik...
Syndicated Content Jul 26, 2023
US senators seek to reverse ‘Buy America’ waiver for EV charging stations
By David Shepardson WASHINGTON (Reuters) - Four Republican U.S. senators on Wednesday sought to reverse a Biden administration decision to waive "Buy America" requirements for government-funded electr...
Syndicated Content Jul 26, 2023
Samsung going in ‘right direction’ in China market, mobile chief says
By Joyce Lee SEOUL (Reuters) - Samsung Electronics' mobile chief said Samsung is "going in the right direction" in China, the world's largest mobile market, as it seeks to raise its lagging market sha...
Syndicated Content Jul 26, 2023
Teradyne beats results estimates as AI boom supports chip demand
(Reuters) - Chip-testing machines maker Teradyne on Wednesday surpassed estimates for sales and profit in the second quarter, helped by growing demand for semiconductors that power artificial intellig...
Syndicated Content Jul 26, 2023
ServiceNow beats quarterly revenue estimates on AI-fueled growth
(Reuters) - ServiceNow reported quarterly revenue above Wall Street estimates on Wednesday, boosted by a growing demand for its artificial intelligence solutions. The rising demand for workflow automa...
Syndicated Content Jul 26, 2023
O’Reilly Automotive names insider CEO, lifts profit view on strong parts demand
(Reuters) - Auto parts distributor O'Reilly Automotive on Wednesday named Brad Beckham as its top boss and raised its annual profit and sales outlook on strong demand for aftermarket products. Beckham...
Syndicated Content Jul 26, 2023
Waymo to focus on ride-hailing services, pushes back autonomous trucking efforts
(Reuters) - Alphabet Inc's Waymo is focusing on its ride-hailing service, Waymo One, while pushing back its efforts to develop commercial autonomous trucking technology, the self-driving unit said on ...
Syndicated Content Jul 26, 2023

