Tag Archives: technology
Microsoft, Alphabet results spark rally in megacap stocks
By Medha Singh (Reuters) - A strong outlook from Microsoft Corp and resilient Google ads sales from Alphabet sparked a relief rally on Wednesday in heavyweight technology and growth shares that have p...
Jul 27, 2022
T-Mobile’s cheaper plans help raise forecast for subscriber growth
(Reuters) - T-Mobile US Inc on Wednesday raised its subscriber growth forecast for the second time this year as the wireless carrier's relatively cheaper plans lured customers reeling from decades-hig...
Jul 27, 2022
Spotify’s quarterly revenue, user growth beats expectations
STOCKHOLM (Reuters) -Spotify reported second-quarter revenue above analysts' estimates on Wednesday, helped by a 14% jump in paying subscribers as more users listened to its podcasts, and the company ...
Jul 27, 2022
Neoen Australia battery to provide grid stabilisation service in world first
MELBOURNE (Reuters) - Neoen SA has won approval for its big battery in South Australia to provide inertia service to stabilise the grid, a world first for battery energy storage in the push to replace...
Jul 27, 2022
Gartner forecasts chip sales growth to slow down in 2022, fall next year
By Supantha Mukherjee STOCKHOLM (Reuters) - IT research firm Gartner said on Wednesday it expects global semiconductor sales growth to slow down in 2022 and fall 2.5% next year, hurt by weak sales of ...
Jul 27, 2022
Google Maps launches street view service in India
NEW DELHI (Reuters) - Alphabet Inc's Google Maps has launched its street view service in 10 cities in India in partnership with Tech Mahindra and Genesys, a company executive said on Wednesday. The In...
Jul 27, 2022
France’s Atos reports in-line sales in H1, expects to burn cash in full year
PARIS (Reuters) - Loss-making French IT consulting firm Atos reported first-half sales in line with expectations but said it would burn close to half a billion euros in 2022 as it adopts a transformat...
Jul 27, 2022
LG Energy Solution Q2 profit plunges 73%, misses estimates
SEOUL (Reuters) - Tesla-supplier LG Energy Solution Ltd (LGES) posted on Wednesday a 73% plunge in quarterly profit versus a year earlier, hurt partly by rising raw material costs and COVID-19 curbs i...
Jul 26, 2022
SK Hynix Q2 profit jumps 56% on server demand, strong dollar
SEOUL (Reuters) - South Korea's SK Hynix Inc posted a 56% jump in second-quarter earnings, helped by solid demand from server clients and a strong dollar that offset higher material costs from rising ...
Jul 26, 2022
Twitter to hold shareholder vote on Musk’s offer in September
(Reuters) - Twitter Inc said on Tuesday it would hold a shareholder meeting on Sept. 13 to vote on the social media company's proposed $44 billion takeover offer by Tesla chief Elon Musk. The company'...
Jul 26, 2022
