Tag Archives: technology
India’s Reliance Jio Infocomm posts 24% jump in March-quarter profit
BENGALURU (Reuters) - Reliance Jio Infocomm, the telecom unit of Reliance Industries Ltd, reported a 24.2% jump in fourth-quarter net profit on Friday. Net profit rose to 41.73 billion rupees for the ...
Syndicated Content May 06, 2022
Uganda’s central bank weighs issuance of digital currency
By Elias Biryabarema KAMPALA (Reuters) - Uganda's central bank is considering whether to issue a digital currency and has not banned cryptocurrencies, but has concerns about risks from the technology ...
Syndicated Content May 06, 2022
Analysis-Musk’s new Twitter funding could draw TikTok-like U.S. scrutiny
By Echo Wang (Reuters) - Elon Musk's decision to accept some foreign investors as part of his $44 billion buyout of Twitter Inc runs the risk of inviting the kind of regulatory scrutiny over U.S. nati...
Syndicated Content May 06, 2022
Tesla aims to run two shifts at Shanghai plant from May 16 – Memo
SHANGHAI (Reuters) - Tesla is aiming to run two shifts at its Shanghai plant from May 16, an internal memo seen by Reuters said, which would enable the U.S. carmarker to bring factory output back to l...
Syndicated Content May 06, 2022
Indian court lifts block on $725 million of Xiaomi’s assets in royalty case – sources
By Aditya Kalra NEW DELHI (Reuters) - An Indian court has put on hold a federal enforcement agency's decision to seize $725 million from local bank accounts of China's Xiaomi Corp for suspected violat...
Syndicated Content May 06, 2022
Exclusive: CATL planning EV battery production in United States, vetting sites – sources
By Christoph Steitz and Ben Klayman (Reuters) - CATL, the world's largest battery maker, is in the final stages of vetting sites in the United States to build electric vehicle batteries, an investment...
Syndicated Content May 05, 2022
Philippine consumers use app to counter record retail fuel prices
MANILA (Reuters) - Philippine motorcycle enthusiast John Aldwin Bagabagon rode easier than many other local motorcyclists and drivers this year as domestic fuel prices surged to record levels. Bagabag...
Syndicated Content May 05, 2022
Exclusive-Recruitment software maker iCIMS raises funding from TA Associates after pulling IPO
By Krystal Hu (Reuters) - Recruitment software company iCIMS has raised fresh capital from U.S. private equity firm TA Associates after scrapping plans to go public, its chief executive told Reuters o...
Syndicated Content May 05, 2022
Turtle Beach told shareholders it is exploring a sales process
By Svea Herbst-Bayliss NEW YORK (Reuters) - Gaming equipment company Turtle Beach Corp on Thursday said it is exploring a sales process as it considers ways to maximize value for shareholders. In a le...
Syndicated Content May 05, 2022
Block swings to quarterly loss as bitcoin boost fades
(Reuters) - Block Inc, the payments company led by Jack Dorsey, on Thursday reported a loss for the first quarter as demand for bitcoin softened due to a decline in cryptocurrency prices. Net loss att...
Syndicated Content May 05, 2022

