Category Archives: (KFGO The Mighty 790) Technology
STMicro’s Q3 sales, gross margin beat market expectations
PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics reported third-quarter sales and gross margin that beat market expectations, with demand rising across all its product lines. Net revenues...
Oct 27, 2022
Telenet’s quarterly core earnings miss estimates
(Reuters) - Belgian telecoms company Telenet on Thursday reported third-quarter core earnings below expectations, citing the impact of inflation, high energy prices, and tower-related lease payments. ...
Oct 27, 2022
Smartphone shipments in China fall 11% y-o-y in q3 2022 -Canalys
SHANGHAI (Reuters) - Smartphone shipments in China fell 11% year-on-year in Q3 2022, with privately-owned Vivo taking the top spot, research firm Canalys reported on Thursday. Apple Inc grew shipments...
Oct 26, 2022
Investors punish Zuckerberg as costly metaverse pitch falls flat
By Chavi Mehta and Katie Paul (Reuters) - Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's ove...
Oct 26, 2022
Samsung Elec names Jay Y. Lee executive chairman
SEOUL (Reuters) - Samsung Electronics' de facto leader Jay Y. Lee has been named executive chairman of the company, it said on Thursday, a symbolic move heralding that South Korea's most valuable comp...
Oct 26, 2022
Samsung Elec Q3 profit slumps 31% as economic woes hammer demand
SEOUL (Reuters) - Samsung Electronics Co Ltd reported a 31% drop in third-quarter profit on Thursday and said geopolitical uncertainties are likely to dampen demand until early 2023, as the global eco...
Oct 26, 2022
Analysis-Ford, VW pop the automated-vehicle bubble with Argo AI exit
By Paul Lienert DETROIT (Reuters) - The road map to fully self-driving vehicles is being rewritten once again, this time by Ford Motor Co and Volkswagen AG. When the two automakers joined forces in Ju...
Oct 26, 2022
Australian Clinical Labs says data of 223,000 people hacked
(Reuters) - Australian Clinical Labs said on Thursday its Medlab Pathology business suffered a data breach that affected health records and credit card information of about 223,000 patients and staff....
Oct 26, 2022
Volkswagen no longer investing in self-driving startup Argo AI
BERLIN (Reuters) - Volkswagen AG is no longer investing in Argo AI, the company said on Wednesday, concentrating its automated driving efforts on its existing partnerships with Bosch and Horizon Robot...
Oct 26, 2022
Meta Platforms beats estimates for quarterly revenue
(Reuters) - Facebook-parent Meta Platforms Inc beat estimates for quarterly revenue on Wednesday as its dominance of the online ad market helped it attract a steady stream of business from recession-w...
Oct 26, 2022
