Tag Archives: technology
Factbox-How Huawei plans to rival Nvidia in the AI chip business
By Josh Ye HONG KONG (Reuters) - U.S. curbs on the sales of advanced artificial chips by Nvidia to China are creating an opening for Huawei to win market share, with sources saying it won a sizeable A...
Nov 07, 2023
Exclusive-Baidu placed AI chip order from Huawei in shift away from Nvidia -sources
BEIJING/SHANGHAI (Reuters) - Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that U.S. pressure is prompting Chinese accept...
Nov 07, 2023
Nintendo hikes profit forecast as Switch battles on
By Sam Nussey TOKYO (Reuters) -Nintendo on Tuesday raised its operating profit forecast for the financial year ending March by 11% to 500 billion yen ($3.32 billion) as its aging Switch console contin...
Nov 07, 2023
China’s ByteDance to overhaul VR arm Pico as global demand declines -sources
By Josh Ye HONG KONG (Reuters) - ByteDance's virtual reality (VR) arm Pico will cut jobs and undertake the biggest overhaul since it was acquired by the TikTok maker two years ago as global demand for...
Nov 07, 2023
Capgemini Q3 revenue falls, with decline in North America
(Reuters) - French IT consulting group Capgemini on Tuesday posted a 1.3% fall in third quarter revenue at current exchange rates, citing a microeconomic context that "remains challenging" and with re...
Nov 07, 2023
India’s Wipro asks employees to work from office thrice a week
By VarunVyas Hebbalalu and Sai Ishwarbharath B BENGALURU (Reuters) - Wipro, India's fourth-largest IT services provider, is mandating that all its employees globally work from office at least thrice a...
Nov 06, 2023
Intel shelves planned chip operation expansion in Vietnam – source
By Francesco Guarascio HANOI (Reuters) - Intel has shelved a planned investment in Vietnam that could have nearly doubled the U.S. chipmaker's operation there, one person briefed on the plans said, in...
Nov 06, 2023
SoftBank’s WeWork, once most valuable U.S. startup, succumbs to bankruptcy
(Reuters) -WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday, after its bets on companies using mo...
Nov 06, 2023
Exclusive-Meta to bar political advertisers from using generative AI ads tools
By Katie Paul NEW YORK (Reuters) - Facebook owner Meta is barring political advertisers from using its new generative AI advertising products, a company spokesperson said on Monday, cutting off campai...
Nov 06, 2023
Senators urge US to take steps to boost battery production, citing China
By David Shepardson WASHINGTON (Reuters) -Two influential Democratic U.S. senators urged the Energy Department to take steps to boost U.S. battery manufacturing and next-generation battery research, c...
Nov 06, 2023
