Tag Archives: technology
TikTok CEO to meet top EU chiefs next week amid disinformation worries
By Foo Yun Chee BRUSSELS (Reuters) -TikTok CEO Shou Zi Chew will meet EU industry chief Thierry Breton, EU digital chief Vera Jourova and EU antitrust chief Didier Reynders in Brussels next week, TikT...
Nov 03, 2023
Consolidated Communications shareholder Wildcat opposes $3.1 billion take-private deal
By Anirban Sen NEW YORK (Reuters) - Wildcat Capital Management, a top shareholder in Consolidated Communications Holdings, said on Friday it plans to vote against its $3.1 billion takeover by an inves...
Nov 03, 2023
Gartner lifts annual earnings forecast on stable demand for research, consulting
(Reuters) - Information Technolgy Consultant Gartner Inc beat third-quarter results estimates on Friday and nudged up its annual earnings forecast, as it benefits from stable demand for its research a...
Nov 03, 2023
UK regulator accepts commitments from Amazon and Meta over retail platforms
LONDON (Reuters) - Britain's competition watchdog said on Friday it had accepted commitments from tech companies Meta and Amazon to help protect fair competition on their retail platforms. (Reporting ...
Nov 03, 2023
India’s Infosys says US unit hit by cyber security event
BENGALURU (Reuters) - Indian IT service provider Infosys said on Friday its U.S. unit, Infosys McCamish Systems, was impacted by a cyber security event, resulting in the non-availability of certain ap...
Nov 03, 2023
Block shares soar as Street lauds strong 2024 forecast, buyback plans
(Reuters) - Block's shares jumped nearly 18% before the bell on Friday and were set to open at their highest since mid-September, rallying on the payments firm's better-than-expected earnings forecast...
Nov 03, 2023
Apple tumbles after warning of dull holiday quarter
(Reuters) - Apple fell 3% on Friday after it disappointed Wall Street with a forecast that indicated growth will stay subdued in the quarter where the holiday season usually drives its strongest sales...
Nov 03, 2023
Musk’s xAI set to launch first AI model to select group
(Reuters) - Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla CEO said on Friday. This comes nearly a year after ...
Nov 03, 2023
Explainer: Sam Bankman-Fried’s conviction – what’s next?
By Jody Godoy (Reuters) - FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on the cryptocurrency exchange's customers. Here's what comes next for Ba...
Nov 03, 2023
China warms to U.S. chipmaker Micron, as tensions with Washington ease
BEIJING (Reuters) - China's commerce minister told Micron Technology Inc's president Beijing would welcome the U.S. semiconductor company deepening its footprint in the Chinese market, signally a furt...
Nov 03, 2023
