Tag Archives: technology
Prosus to trim Tencent stake as core headline earnings slump
AMSTERDAM (Reuters) -Prosus NV, the Dutch-based technology investor, on Monday reported a 20% fall in annual core headline earnings and announced a major share repurchasing programme. To fund the prog...
Syndicated Content Jun 27, 2022
Tencent falls 2.5% as Prosus, Naspers say to gradually sell shares
HONG KONG (Reuters) -Shares of Chinese internet gaming and social media giant Tencent Holdings Ltd gave up early gains to fall as much as 2.5% to HK$374.60 in the early afternoon, after Prosus NV and ...
Syndicated Content Jun 27, 2022
Prosus, Naspers to gradually sell Tencent shares to fund share repurchases
AMSTERDAM (Reuters) - Dutch technology investment company Prosus and its controlling shareholder Naspers of South Africa said on Monday they intend to sell down their enormous stake in Chinese softwar...
Syndicated Content Jun 27, 2022
Naspers, Prosus to sell Tencent shares to fund buybacks
(Reuters) - Chinese software giant Tencent Holdings said on Monday it noted an announcement from two of its shareholders, South Africa's Naspers Ltd and Prosus, that they would start a long-term, open...
Syndicated Content Jun 27, 2022
Australian retail giants targeted in facial recognition tech complaint
By Byron Kaye SYDNEY (Reuters) - A major consumer group has referred three of Australia's biggest retail chains to the privacy regulator, saying they use "unreasonably intrusive" facial recognition te...
Syndicated Content Jun 26, 2022
Australia’s Carsales.com to buy 51% in U.S. firm Trader Interactive
(Reuters) - Australian online auto classifieds firm Carsales.com Ltd said on Monday it acquired the remaining 51% stake in U.S.-based Trader Interactive for $809 million, a year after buying 49% in th...
Syndicated Content Jun 26, 2022
Dye & Durham lowers Link Administration takeover offer by a quarter
(Reuters) - Australia's Link Administration said on Monday Canadian cloud-based software company Dye & Durham Ltd lowered its takeover offer by nearly a quarter to A$2.21 billion ($1.54 billion) citin...
Syndicated Content Jun 26, 2022
India plans safety rating system for passenger cars
NEW DELHI (Reuters) - India will introduce a safety rating system for passenger cars - a measure it hopes will encourage manufacturers to provide advanced safety features and will boost the "export wo...
Syndicated Content Jun 25, 2022
Senators seek update on U.S. security review of TikTok
By David Shepardson WASHINGTON (Reuters) - A group of six Republican senators https://www.cotton.senate.gov/news/press-releases/cotton-colleagues-demand-action-from-biden-administration-against-tiktok...
Syndicated Content Jun 24, 2022
Apple will not challenge Maryland store unionization vote
By Stephen Nellis (Reuters) - Apple Inc will not challenge the results of a vote by workers at its Towson, Maryland, store to unionize and intends to participate in the bargaining process in good fait...
Syndicated Content Jun 24, 2022

