Tag Archives: technology
Crypto lender Nexo plans to buy fellow lender Vauld
By Elizabeth Howcroft LONDON (Reuters) - Cryptocurrency lender Nexo plans to buy fellow lender Vauld, it said on Tuesday, the latest sign of consolidation in the digital currency industry as prices tu...
Jul 05, 2022
Twitter pursues judicial review of Indian content takedown orders -source
By Munsif Vengattil NEW DELHI (Reuters) - Twitter is seeking to overturn some Indian government orders to take down content, a source familiar with the matter said, in a legal challenge which alleges ...
Jul 05, 2022
Indian financial crime agency raids Chinese-owned smartphone maker Vivo -sources
MUMBAI (Reuters) - India's financial crime fighting agency on Tuesday raided the offices of smartphone maker Vivo, owned by China's BBK Electronics, and its related entities, a senior government offic...
Jul 05, 2022
Crypto asset manager Hilbert Capital names Cevian’s Murray as CEO
LONDON (Reuters) - Cryptocurrency asset manager Hilbert Capital has hired former Cevian Capital executive Richard Murray as CEO, it said on Tuesday. Murray was previously director of investor relation...
Jul 05, 2022
France’s Spotify rival Deezer loses ground on its stock market debut
PARIS (Reuters) - Shares in French music streaming platform Deezer fell 6% on their Paris market debut on Tuesday. Deezer opened at 8.50 euros, before heading down, trading at 7.99 euros per share by ...
Jul 05, 2022
Cryptoverse: The bonfire of the NFTs
By Elizabeth Howcroft (Reuters) - The NFT dream isn't dead, but it's taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the...
Jul 05, 2022
Samsung Q2 solid on server-chip demand, smartphones cloud outlook
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd is likely to turn in its best April-June profit since 2018 with a 15% year-on-year rise, as lingering demand for its memory chips from server ...
Jul 04, 2022
Samsung to invest $500 million in Mexico, foreign minister says
(Reuters) - Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican Foreign Minister Marcelo Ebrard said on Monday. On Twitter...
Jul 04, 2022
Taiwan’s Foxconn raises full-year outlook on strong tech demand
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns ...
Jul 04, 2022
Rakuten shares climb 2% on bank unit listing progress
TOKYO (Reuters) - Shares in Japan's Rakuten Group Inc climbed 2.4% on Tuesday, a day after the e-commerce firm said it has applied to list its online banking unit on the Tokyo Stock Exchange. Rakuten ...
Jul 04, 2022
