Tag Archives: technology
Nintendo Q1 Switch sales slump 22% to 3.43 million units
By Sam Nussey TOKYO (Reuters) -Japan's Nintendo Co Ltd said on Wednesday it sold 22% less of its Switch consoles in the April-June quarter than a year earlier, while maintaining its forecast to sell 2...
Aug 03, 2022
UK regulator provisionally clears NortonLifeLock-Avast $8.6 billion deal
(Reuters) - Britain's Competition and Markets Authority (CMA) said on Wednesday it provisionally cleared cybersecurity company NortonLifeLock's $8.6 billion purchase of peer Avast Plc. Following a mor...
Aug 03, 2022
Infineon quarterly revenue beats, lifts 2022 outlook on chip demand
BERLIN/STOCKHOLM (Reuters) -Infineon, the leading supplier of microchips to the auto industry, on Wednesday reported a rise in third-quarter revenue and lifted its full-year outlook as it continues to...
Aug 03, 2022
India’s Zomato falls nearly 7% on reports of Uber stake sale
BENGALURU (Reuters) - Shares of Zomato Ltd fell up to 6.8% on Wednesday, in their biggest drop in more than a week, a day after reports said that Uber Technologies planned to sell its entire stake in ...
Aug 02, 2022
Australia’s ASX says CHESS software replacement launch not before late-2024
(Reuters) - Australian bourse operator ASX Ltd said on Wednesday it does not expect the launch of its replacement software for Clearing House Electronic Subregister System (CHESS) before late-2024. (R...
Aug 02, 2022
Twitter queries banks on Musk’s attempts to undermine $44 billion deal
By Tom Hals WILMINGTON, Del. (Reuters) - Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while al...
Aug 02, 2022
SK Hynix says has developed its most advanced 238-layer storage chip
SEOUL (Reuters) - South Korea's SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 layers of memory cells for use in PC storage devices and later smartphones and servers, the ...
Aug 02, 2022
Semtech to buy Sierra Wireless in $1.2 billion deal
(Reuters) - Semiconductor supplier Semtech Corp will acquire Canada's Sierra Wireless Inc in a deal valued at $1.2 billion, the companies said on Tuesday. Semtech will acquire all shares of Sierra Wir...
Aug 02, 2022
Robinhood posts 6% sequential increase in 2nd qtr revenue
(Reuters) - Robinhood Markets Inc posted a 6% sequential increase in second quarter revenue despite a market sell-off in equities and cryptocurrencies. Robinhood announced last quarter that it was cha...
Aug 02, 2022
Brazil’s Cielo Q2 net profit doubles, beating forecasts
(Reuters) - Brazilian payment processor Cielo SA said on Tuesday its second-quarter net profit more than doubled, beating analysts' forecasts. The company, controlled by lenders Bradesco and Banco do ...
Aug 02, 2022
