Tag Archives: technology
SpaceX eyes $15 billion in sales next year on Starlink strength – Bloomberg News
(Reuters) - SpaceX is on track to book revenue of about $9 billion this year across its rocket launch and Starlink businesses with sales projected to rise to around $15 billion in 2024, Bloomberg News...
Nov 06, 2023
Chipmaker NXP forecasts profit above estimates on resilient auto, industrial
(Reuters) - Chipmaker NXP Semiconductors forecast fourth-quarter profit above Wall Street targets on Monday, expecting a resilient automotive market and stable industrial demand to offset weakness in ...
Nov 06, 2023
Musk’s Starlink wins bid to roll out Mexico’s rural satellite internet -documents
MEXICO CITY (Reuters) - Starlink, the satellite internet service of billionaire Elon Musk's rocket manufacturer SpaceX, has won a tender from Mexico's state energy firm to provide services through Dec...
Nov 06, 2023
Siemens, Ericsson warn EU cybersecurity rules may disrupt supply chains
By Foo Yun Chee BRUSSELS (Reuters) - Electronics makers Siemens, Ericsson and Schneider Electric, along with industry group DigitalEurope warned on Monday that onerous proposed EU rules targeting cybe...
Nov 06, 2023
OpenAI unveils customized AI bots; offers cheaper, more powerful models
By Krystal Hu and Anna Tong SAN FRANCISCO (Reuters) -OpenAI will enable ChatGPT users to build customized bots to handle specific tasks, and it has slashed costs on more powerful models for developers...
Nov 06, 2023
Aeva inks sensor deal with Nikon for industrial machines
By Stephen Nellis (Reuters) - Aeva Technologies on Monday said that it has signed a deal to produce sensors for Nikon industrial machines that can scan objects like cars coming off an assembly line fo...
Nov 06, 2023
Palo Alto Networks intends to buy startup Talon Cyber
-Palo Alto Networks said on Monday it intends to buy Israeli startup Talon Cyber Security, as it looks to beef up its cyber security offering to enterprises. Founded in 2021, Talon provides secure bro...
Nov 06, 2023
Siemens loses London lawsuit over 2 billion stg HS2 contract
LONDON (Reuters) - Siemens on Monday lost a legal challenge over a 2 billion pound ($2.48 billion) contract to build a fleet of new trains for Britain's beleaguered HS2 high-speed rail project. Siemen...
Nov 06, 2023
Online retailer Beyond Inc’s chief steps down amid activist investor pressure
(Reuters) - Internet retailer Beyond Inc, formerly known as Overstock.com, on Monday said its chief excecutive, Jonathan Johnson, has stepped down amid activist investor pressure. Hedge fund JAT Capit...
Nov 06, 2023
India’s Redington posts 22% fall in quarterly profit on slow tech gadget demand
CHENNAI (Reuters) - India's Redington reported a 22% decline in quarterly profit on Monday, as the technology gadgets distributor grappled with a global slowdown in demand and higher expenses. Consoli...
Nov 06, 2023
