Tag Archives: technology
Exclusive: Deezer to begin German expansion using Brazil, France model – CEO
By Steven Grattan SAO PAULO (Reuters) - French music-streaming platform Deezer SA will begin its German operation in the coming weeks as the newly public listed company pushes its market expansion pla...
Syndicated Content Aug 05, 2022
Analysis: Banks are Twitter-deal escape hatch that Musk would struggle with
By Anirban Sen and Greg Roumeliotis (Reuters) - The banks that agreed to finance Elon Musk's $44 billion acquisition of Twitter Inc have a financial incentive to help the world's richest person walk a...
Syndicated Content Aug 05, 2022
Storytel revenue beats expectations on audiobook demand
By Supantha Mukherjee STOCKHOLM (Reuters) - Swedish audiobook streaming group Storytel on Friday reported second-quarter revenue ahead of analyst expectations, helped by growth across the Nordics, Eur...
Syndicated Content Aug 05, 2022
Thai central bank to test retail digital currency late this year
BANGKOK(Reuters) - Thailand's central bank said on Friday it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option. During the testin...
Syndicated Content Aug 05, 2022
Taiwan Apple Inc supplier Pegatron: No stoppage in shipments from mainland China plant
TAIPEI (Reuters) - Apple Inc iPhone assembler Pegatron Corp's mainland China plant is operating normally, the company said in a statement on Friday. Contrary to media reports, production has not halte...
Syndicated Content Aug 04, 2022
Vision Fund slide points to more pain for SoftBank’s Son
By Sam Nussey TOKYO (Reuters) - Sliding valuations in the listed portfolio of SoftBank Group Corp's Vision Fund unit point to more pain for CEO Masayoshi Son when the group reports April-June earnings...
Syndicated Content Aug 04, 2022
Twitter rejects Musk’s claims that he was hoodwinked
NEW YORK (Reuters) - Twitter Inc on Thursday dismissed Elon Musk's claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was "i...
Syndicated Content Aug 04, 2022
General Atlantic hires Durham for tech buyouts-sources
By David Carnevali (Reuters) - Private equity firm General Atlantic has hired veteran technology dealmaker Jonathan Durham to expand in corporate buyouts, an area in which it has done little because o...
Syndicated Content Aug 04, 2022
Dorsey-led Block posts loss for second quarter
(Reuters) - Jack Dorsey-led Block Inc on Thursday reported a loss for the second quarter as a bruising selloff in cryptocurrency markets hurt the digital payments company's earnings from bitcoin trade...
Syndicated Content Aug 04, 2022
Lyft’s operating profit surges on rideshare demand, hiring slowdown
By Nivedita Balu (Reuters) - Ride-hailing firm Lyft Inc on Thursday reported a record adjusted operating profit, benefiting from a surge in demand for rides and a dramatic slowdown in company-wide hir...
Syndicated Content Aug 04, 2022

