Tag Archives: technology
Canada customer data firm Telus makes $830 million play for Australia’s Appen
(Reuters) -Canadian data analytics software maker Telus International made a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, the target company said on Thursday, sending i...
May 25, 2022
Apple hikes pay budget for U.S. workers – WSJ
(Reuters) - Apple Inc is raising the overall compensation budget for its U.S. employees amid broadening inflationary pressures and a push for unionization, the Wall Street Journal on Wednesday. The st...
May 25, 2022
South Korea’s SK announces $195 billion investment for chips, batteries, bio through 2026
SEOUL (Reuters) - SK Group, South Korea's second-biggest conglomerate after Samsung Group, said on Thursday it will invest 247 trillion won ($195.24 billion) in the semiconductor, battery and biopharm...
May 25, 2022
Sony says it plans PS5 ramp up as shortages ease
TOKYO (Reuters) - Sony Group Corp's gaming chief said on Thursday that the tech conglomerate plans to ramp up production of its PlayStation 5 console as supply chain snarls ease. "We're playing on a s...
May 25, 2022
Twitter settles with U.S. government over privacy, security violations – court documents
WASHINGTON (Reuters) - Twitter has settled with the U.S. Federal Trade Commission over allegations it misrepresented the "security and privacy" of user data between May 2013 and September 2019, accord...
May 25, 2022
Musk to provide $6.25 billion more in equity to fund Twitter deal
(Reuters) - Elon Musk has committed to provide an additional $6.25 billion in equity financing to fund a portion of the $44-billion deal to buy Twitter Inc, a regulatory filing showed on Wednesday. Tw...
May 25, 2022
Nvidia shares drop on disappointing revenue outlook and China, Russia obstacles
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chip designer Nvidia Corp forecast second-quarter revenue below Wall Street estimates on Wednesday, bracing for supply chain snags and slowing demand for ...
May 25, 2022
Turkish fast delivery firm Getir to cut 14% of staff -source
ISTANBUL (Reuters) - Turkish fast grocery delivery company Getir plans to cut 14% of its staff globally, a source with the knowledge of the matter told Reuters. Founded in 2015, Istanbul-based Getir o...
May 25, 2022
Maserati launches MC20 Cielo amid focus on quality not quantity
MODENA, Italy (Reuters) - Maserati's turnaround plan aims to liberate the Stellantis luxury brand from being a "slave to volumes" which has weighed on quality, its CEO Davide Grasso said on Wednesday,...
May 25, 2022
TerraUSD developers vote to create new blockchain without failed stablecoin
By Hannah Lang (Reuters) - Developers behind failed stablecoin TerraUSD have voted to abandon the token in favor of creating a new blockchain and digital asset weeks after the cryptocurrency collapsed...
May 25, 2022
