Tag Archives: technology
TomTom’s Q2 loss widens as inflation, supply chain issues weigh
(Reuters) - Dutch navigation and digital mapping company TomTom on Friday reported worse-than-expected loss for the second quarter, citing high inflation and strained supply chains. The Amsterdam-base...
Jul 15, 2022
Taiwan weighs fining Foxconn over China chip investment – source
TAIPEI (Reuters) - Taiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approv...
Jul 14, 2022
Amazon is reducing its private-label items – WSJ
(Reuters) - Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the Wall Street Journal reported on Thursday, citing people familiar with the matter....
Jul 14, 2022
Chipmaker TSMC’s shares jump after quarterly profit beats estimates
TAIPEI (Reuters) - Shares in Taiwanese chip firm TSMC rose more than 1% on Friday morning, the day after announcing a forecast-beating second quarter profit and saying it was "highly confident" about ...
Jul 14, 2022
SK Hynix weighs slashing spending by a quarter in 2023 – Bloomberg News
(Reuters) - South Korean chipmaker SK Hynix Inc is considering cutting its 2023 capital expenditure by about a quarter to 16 trillion won ($12.16 billion), Bloomberg News reported on Thursday, citing ...
Jul 14, 2022
Amazon to create 4,000 jobs in Britain this year
LONDON (Reuters) - Amazon.com said it would recruit 4,000 workers in Britain this year, including at fulfilment centres in Wakefield and Knowsley, taking its permanent workforce to 75,000 and making i...
Jul 14, 2022
Warner Bros Discovery extends contracts of CFO, key executive
(Reuters) - Warner Bros. Discovery Inc has extended contracts of its finance and strategy chiefs, the media company revealed in a filing on Thursday. Chief Financial Officer Gunnar Wiedenfels will sta...
Jul 14, 2022
Crypto lender Celsius Network reveals $1.19 billion hole in bankruptcy filing
(Reuters) - Celsius Network listed a $1.19 billion hole in its balance sheet in a Thursday filing in a Manhattan bankruptcy court, a day after the cryptocurrency lender filed for Chapter 11 bankruptcy...
Jul 14, 2022
U.S. Congress needs to act next week on China chip bill, Raimondo says
WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said on Thursday that the Biden administration would support a pared-down version of legislation to boost the U.S. semiconductor industry a...
Jul 14, 2022
Instagram down for thousands of users – Downdetector
(Reuters) - Thousands of users of Meta Platforms Inc's Instagram on Thursday reported issues with the photo-sharing application, according to Downdetector.com. Nearly 24,000 users of Instagram were im...
Jul 14, 2022
Thu Jul 30
Green Bay, WI, USA
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