Tag Archives: technology
India’s Paytm Q1 loss rises on higher expenses
MUMBAI (Reuters) -Indian digital payments firm Paytm on Friday reported a wider first-quarter loss as expenses related to marketing and employee benefits rose, but reiterated its target of achieving o...
Syndicated Content Aug 05, 2022
House Democrats want U.S. to jointly build new EV, broadband infrastructure
WASHINGTON (Reuters) - A group of 10 U.S. House Democrats asked the Biden administration on Friday to use funding to build out broadband internet and electric vehicle charging infrastructure simultane...
Syndicated Content Aug 05, 2022
VinFast hiring 8,000 additional employees to boost production
HANOI (Reuters) - Vietnam's VinFast is looking to hire 8,000 more employees for its electric-vehicle plant in Vietnam as it ramps up production to deliver its first battery-powered SUVs to the United ...
Syndicated Content Aug 05, 2022
Indian beauty firm Nykaa’s profit jumps on strong fashion demand
BENGALURU (Reuters) - Indian cosmetics-to-fashion retailer Nykaa's parent company reported a 33.2% rise in first-quarter net profit on Friday, boosted by strong demand for its fashion products. The TG...
Syndicated Content Aug 05, 2022
India freezes assets of Binance-owned local unit WazirX
MUMBAI (Reuters) - India's financial crime-fighting agency said on Friday that it has frozen the assets of WazirX, owned by the world's largest digital currency exchange Binance, as part of its invest...
Syndicated Content Aug 05, 2022
Amazon to buy Roomba-maker iRobot for about $1.7 billion
(Reuters) -Amazon.com Inc will acquire iRobot in an all-cash deal for about $1.7 billion, the robot vacuum cleaner maker said on Friday. The world's largest online retailer will acquire the firm for $...
Syndicated Content Aug 05, 2022
India seeks to tighten rules on M&A antitrust scrutiny
By Aditya Kalra and Abhirup Roy NEW DELHI (Reuters) - India aims to tighten rules around the scrutiny of mergers and acquisitions under proposed legislation that could particularly affect global tech ...
Syndicated Content Aug 05, 2022
Block shares slip after crypto winter dampens quarterly results
(Reuters) - Shares of Jack Dorsey-led Block Inc, a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Friday after the company reported a loss in quarterly r...
Syndicated Content Aug 05, 2022
Apple asks suppliers to follow China customs rules – Nikkei
(Reuters) - Apple Inc has asked suppliers to ensure that shipments from Taiwan to China comply with the latter's customs regulations to avoid them from being held for scrutiny, according to a Nikkei r...
Syndicated Content Aug 05, 2022
Tensions with U.S. spur Chinese buying of chipmaking stocks
SHANGHAI (Reuters) - Chinese chipmakers' shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi's visit to Taiwan heightened tensions with the U.S., driving ...
Syndicated Content Aug 05, 2022

