Category Archives: (KFGO The Mighty 790) Technology
Analysis-Tesla’s price cuts promise more pain for money-losing U.S. EV startups
By Akash Sriram (Reuters) - A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Grou...
Syndicated Content Jan 20, 2023
Google parent to lay off 12,000 workers – memo
By Jeffrey Dastin (Reuters) -Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the latest to shake the technology sector and come day...
Syndicated Content Jan 20, 2023
ABB sells its power conversion division for $505 million
ZURICH (Reuters) - ABB has sold its power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering and technology company said on Friday. The sale is the last part of ABB's me...
Syndicated Content Jan 20, 2023
Intel CEO: new chip plant decision by year-end, not sure to be in Italy – press
MILAN (Reuters) - Intel CEO Pat Gelsinger told Italian daily Corriere della Sera on Friday that Italy was only one of several countries being considered to host a new chip plant, and a decision should...
Syndicated Content Jan 20, 2023
Ericsson quarterly earnings miss expectations
STOCKHOLM (Reuters) - Sweden's Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets ...
Syndicated Content Jan 20, 2023
Didi Global’s ride-hailing app back on Apple app stores in China
BEIJING (Reuters) - Chinese technology company Didi Global's domestic ride-hailing app has returned to China's domestic Apple app store, according to checks by Reuters on Friday. It also returned to s...
Syndicated Content Jan 19, 2023
Crypto lending unit of Genesis files for U.S. bankruptcy
(Reuters) - The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors, toppled by a market rout along with the likes of exchange FTX and lender BlockFi. G...
Syndicated Content Jan 19, 2023
China’s video game makers come in from the cold as crackdown eases
By Josh Ye HONG KONG (Reuters) - China's end to a sweeping crackdown on its video games market is expected to breathe life back into the battered industry this year, but remaining restrictions on some...
Syndicated Content Jan 19, 2023
Google vows to cooperate with India antitrust authority after Android decision
By Aditya Kalra NEW DELHI (Reuters) - Google said on Friday it will cooperate with India's antitrust authority after the country's top court upheld an antitrust order forcing the U.S. firm to change h...
Syndicated Content Jan 19, 2023
As Netflix co-founder pulls back, can CEOs preserve the ‘Netflix Way?’
By Dawn Chmielewski and Lisa Richwine (Reuters) - In his book "No Rules Rules", Netflix co-founder Reed Hastings described a moment in 2001 when venture capital had dried up, forcing the company to la...
Syndicated Content Jan 19, 2023

