Category Archives: (KFGO The Mighty 790) Technology
Spotify to trim 6% of workforce, content head to depart
(Reuters) -Music streaming firm Spotify Technology SA said on Monday it plans to cut 6% of its workforce, or roughly 600 jobs, adding to a glut of layoffs in the technology sector as companies prepare...
Syndicated Content Jan 23, 2023
German cartel office initiates proceedings against PayPal
BERLIN (Reuters) - Germany's cartel office regulator said on Monday it had initiated proceedings against payment company PayPal Europe over the possibility that it hindered competition. The subject of...
Syndicated Content Jan 23, 2023
Hexagon Q4 profit up 12%, results released after “unauthorised access”
OSLO (Reuters) - Swedish industrial technology group Hexagon said on Monday its adjusted fourth-quarter operating profit had risen 12% year-on-year to 418 million euros ($455.54 million) and that sale...
Syndicated Content Jan 23, 2023
Amazon launches air freight service in India
BENGALURU (Reuters) - Amazon.com Inc on Monday launched its own air cargo fleet in India, Amazon Air, as it seeks to expand and speed-up deliveries across one of its key markets. India is the third ma...
Syndicated Content Jan 23, 2023
Nokia signs new 5G patent deal with Samsung
OSLO (Reuters) - Nokia said on Monday it has signed a new cross-license patent agreement with Samsung following the expiry of a previous agreement at the end of 2022. "Under the agreement, which cover...
Syndicated Content Jan 23, 2023
Apple targeting to raise India production share to 25% – minister
NEW DELHI (Reuters) - Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister told a conference on Monday. "Apple, another success story," Piyush Goya...
Syndicated Content Jan 23, 2023
Spotify to cut staff as soon as this week – Bloomberg News
(Reuters) - Spotify Technology is planning layoffs as soon as this week to cut costs, Bloomberg News reported on Sunday, joining the likes of Alphabet Inc, Amazon.com Inc, Microsoft Corp who have cut ...
Syndicated Content Jan 22, 2023
Activist investor Elliott Management takes stake in Salesforce -WSJ
(Reuters) -Activist investor Elliott Management Corp has made a multi-billion dollar investment in cloud-based software firm Salesforce Inc, the Wall Street Journal reported on Sunday, citing people f...
Syndicated Content Jan 22, 2023
Musk says higher priced Twitter subscription won’t carry ads
(Reuters) - Twitter owner Elon Musk tweeted on Saturday that a higher priced subscription of the social media platform will not carry advertisements. The billionaire also said that ads are "too freque...
Syndicated Content Jan 21, 2023
Wolfspeed plans multi-billion dollar chip factory in Germany – Handelsblatt
FRANKFURT (Reuters) - U.S. power chip maker Wolfspeed Inc is planning to build a factory in Germany for more than 2 billion euros ($2.17 billion), Handelsblatt reported on Saturday. The German auto su...
Syndicated Content Jan 21, 2023

