Tag Archives: technology
Nikola names Michael Lohscheller as next CEO
(Reuters) - Electric-truck maker Nikola Corp said on Wednesday that Michael Lohscheller will take over as the company's chief executive officer when Mark Russell retires on Jan. 1 next year. (Reportin...
Syndicated Content Aug 10, 2022
Commerzbank online and mobile banking down due to network problem
FRANKFURT (Reuters) - Germany's Commerzbank said on Wednesday that online and mobile banking services were down due to a network problem. The announcement on its Twitter feed also said that there may ...
Syndicated Content Aug 10, 2022
Exclusive-Google Fiber plans 5-state growth spurt, biggest since 2015
By Paresh Dave (Reuters) - Google Fiber plans to bring its high-speed internet service to multiple cities in Arizona, Colorado, Idaho, Nebraska and Nevada over the next several years in its first big ...
Syndicated Content Aug 10, 2022
SoftBank to book $34 billion gain from Alibaba shares
TOKYO (Reuters) -SoftBank Group Corp on Wednesday said it will book an estimated gain of 4.6 trillion yen ($34.08 billion) on settling prepaid forward contracts using shares in Alibaba Group Holding, ...
Syndicated Content Aug 10, 2022
Toyota says no change to plan to produce 9.7 million vehicles globally this year
TOKYO (Reuters) - Toyota Motor Corp said on Wednesday there was no change in its plan to produce 9.7 million vehicles globally this fiscal year. The company said it will suspend production on three li...
Syndicated Content Aug 10, 2022
Toshiba logs surprise quarterly operating loss on higher materials costs
TOKYO (Reuters) - Toshiba Corp on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip shortage and a sharp rise in costs for raw materials. ...
Syndicated Content Aug 10, 2022
Apple supplier Foxconn’s Q2 profit up 12% on cloud demand
TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Wednesday a 12% jump in second-quarter net profit, beating market estimates, helped by strong demand for its cloud computing products. The Taiw...
Syndicated Content Aug 10, 2022
Taiwan security officials want Foxconn to drop stake in Chinese chipmaker – FT
(Reuters) - Taiwan's national security officials want to force Apple Inc's supplier Foxconn to unwind an $800 million investment in Chinese chipmaker Tsinghua Unigroup, Financial Times reported on Wed...
Syndicated Content Aug 09, 2022
Meta raises $10 billion in first-ever bond offering
(Reuters) - Facebook-parent Meta Platforms Inc said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business. The...
Syndicated Content Aug 09, 2022
Crypto exchange Coinbase posts loss as trading volumes plunge
(Reuters) -Coinbase Global Inc reported a loss for the second quarter on Tuesday, hurt by a plunge in trading volumes as this year's rout in risky assets curbed investor appetite for trading in crypto...
Syndicated Content Aug 09, 2022

