Tag Archives: technology
Cybersecurity firm Gen Digital beats revenue estimates on stable demand
(Reuters) - Gen Digital beat second-quarter revenue estimates on Tuesday as rising digital threats and hacks drove stable demand for its cybersecurity products, sending the company's shares more than ...
Nov 07, 2023
Qraft rolls out latest AI-driven ETF with South Korea’s LG
By Suzanne McGee (Reuters) - Qraft Technologies on Tuesday launched its fifth exchange-traded fund (ETF) that relies on artificial intelligence to select holdings, continuing its expansion of the nich...
Nov 07, 2023
Datadog tops quarterly estimates on robust bookings, raises annual forecast
(Reuters) - Datadog on Tuesday topped estimates for third-quarter results and raised its forecast for annual adjusted profit and revenue, driven by demand from customers seeking better security soluti...
Nov 07, 2023
GlobalFoundries projects profit above estimates in positive sign for chip market
(Reuters) - Contract chipmaker GlobalFoundries forecast fourth-quarter profit above analysts' estimates on Tuesday, providing the latest sign that a supply glut in the semiconductor industry was easin...
Nov 07, 2023
Big Tech to face tougher rules on targeted political ads in EU
By Foo Yun Chee BRUSSELS (Reuters) - Big Tech firms will face new European Union rules to clearly label political advertising on their platforms, who paid for it and how much and which elections are b...
Nov 07, 2023
Uber bets on holiday travel demand to forecast strong fourth quarter
(Reuters) - Uber Technologies forecast fourth-quarter gross bookings and adjusted core profit above market expectations on Tuesday, betting that the holiday season would boost demand for its ride-hail...
Nov 07, 2023
UK antitrust regulator to take on Big Tech with new legal power
LONDON (Reuters) - Britain's antitrust regulator will gain legal powers to tailor rules for big tech companies, such as Meta, Alphabet and Amazon, to ensure they treat businesses and consumers fairly,...
Nov 07, 2023
Britain says self-driving car makers liable for incidents in new framework
LONDON (Reuters) - Britain will place legal liability for self-driving cars that crash with the company that makes it rather than the user, as part of a framework for the development of the autonomous...
Nov 07, 2023
European “photonics” chip companies call for $4.5 billion in EU funding
AMSTERDAM (Reuters) - Executives from a group of Europe's largest "photonic" computer chip companies have called on the European Union to support the growing industry with 4.25 billion euros ($4.54 bi...
Nov 07, 2023
Germany approves stakes by Bosch, Infineon and NXP in TSMC chip plant
(Reuters) -The German cartel office has approved stakes by Bosch, Infineon and NXP in TSMC's new semiconductor plant in the German city of Dresden, the regulator said in a statement on Tuesday. The co...
Nov 07, 2023
