Tag Archives: technology
Alibaba beats revenue estimates as lockdowns spur online demand
(Reuters) -China's Alibaba Group Holding Ltd on Thursday beat market expectations for fourth-quarter revenue, powered by demand for its ecommerce and cloud services as lockdowns in the country's bigge...
Syndicated Content May 26, 2022
Chipmaker Broadcom to buy VMware in $61 billion deal
(Reuters) -Broadcom Inc said on Thursday it will buy cloud service provider VMware Inc in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software. Broa...
Syndicated Content May 26, 2022
Chinese tech firms forced into ‘blood listings’ as capital dries up
By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) - A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China at valuations low...
Syndicated Content May 26, 2022
Deere tapping into Apple-like tech model to drive revenue
By Bianca Flowers and Joseph White BONDURANT, Iowa (Reuters) - Deere & Co has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer i...
Syndicated Content May 26, 2022
Taiwan raids Chinese firms in latest crackdown on chip engineer-poaching
TAIPEI (Reuters) - Taiwan authorities raided ten Chinese companies suspected of illegally poaching chip engineers and other tech talent this week, the island's Investigation Bureau said on Thursday, t...
Syndicated Content May 26, 2022
Britain launches second probe into Google’s ad practices
(Reuters) - Britain's competition regulator on Thursday launched its second probe into the advertising practices of Google, saying the Alphabet-owned search giant could be distorting competition and m...
Syndicated Content May 26, 2022
Baidu exceeds revenue estimates on AI, cloud services strength
(Reuters) -Baidu Inc surpassed quarterly revenue estimates on Thursday as a resurgence of COVID-19 in China and accompanying restrictions drove up demand for its cloud and artificial intelligence prod...
Syndicated Content May 26, 2022
Apple to keep iPhone production flat in 2022 – Bloomberg News
(Reuters) - Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg News on Thursday, as China's COVID-19 curbs, global supply chain issues, and cooling d...
Syndicated Content May 26, 2022
Toshiba nominates Houlihan exec as chair, invites Elliott, Farallon execs to board
TOKYO (Reuters) - Toshiba Corp on Thursday nominated executives from two of its major hedge fund shareholders for board seats, potentially a turning point in a long battle between the Japanese conglom...
Syndicated Content May 26, 2022
China’s Lenovo posts 6.8% rise in Q4 revenue
By Josh Ye HONG KONG (Reuters) -China's Lenovo Group posted a 6.8% rise in fourth-quarter revenue, its slowest growth in seven quarters, as people shopped for fewer of its personal computers after mon...
Syndicated Content May 25, 2022

