Tag Archives: technology
Russian internet group Yandex reports $110 million net loss in Q1
(Reuters) - Russian internet group Yandex on Wednesday reported an adjusted net loss of 8.1 billion roubles ($110 million) in the first quarter of this year, a week after withdrawing its 2022 financia...
Apr 27, 2022
Crypto firms seek clearer U.S. rules on their interest-bearing products
By Hannah Lang (Reuters) - Cryptocurrency companies said they remain unsure of U.S. regulations governing products that allow customers to earn interest on holdings instead of trading them, months aft...
Apr 27, 2022
Spotify beats quarterly revenue estimates on ads, user growth
(Reuters) - Audio streaming platform Spotify Technology reported quarterly revenue on Wednesday that beat analysts' estimates on higher advertising income and as more people subscribed to its premium ...
Apr 27, 2022
WhatsApp plans cashback for peer transfers, merchant payments in India push-sources
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - WhatsApp will within weeks roll out cashback rewards to lure more Indians to its peer-to-peer payments service and is testing similar incenti...
Apr 27, 2022
Shares of Indonesia’s GoTo extend fall as analysts warn on tech valuations
JAKARTA (Reuters) - Shares of Indonesia's biggest tech company PT GoTo Gojek Tokopedia Tbk fell on Wednesday by their maximum allowed amount of 6.45%, as analysts warned of a risk of further losses as...
Apr 27, 2022
Ad group WPP raises outlook on booming digital demand
LONDON (Reuters) -WPP, the world's largest advertising group, raised its full-year net sales outlook on Wednesday after strong demand for digital media, ecommerce and data services helped it to beat f...
Apr 27, 2022
STMicro confirms annual sales target as Q1 earnings beat estimate
By Mathieu Rosemain PARIS (Reuters) -Franco-Italian chipmaker STMicroelectronics on Wednesday reported higher-than-expected earnings in the first quarter as strong demand in microcontrollers offset a ...
Apr 27, 2022
France’s Schneider Electric to sell Russian assets to local management
(Reuters) - French blue chip Schneider Electric will sell its operations in Russia and Belarus to the local management, the electrical equipment maker said on Wednesday as it signed a letter of intent...
Apr 27, 2022
Telecom operator Telia’s core earnings beat expectations
STOCKHOLM (Reuters) - Nordic telecom operator Telia reported quarterly core earnings ahead of market expectations on Wednesday, helped by growth in Sweden and lower operational costs. The company's fi...
Apr 27, 2022
Dassault Systemes raises targets for 2022, sets out succession plan
(Reuters) - French software maker Dassault Systemes on Wednesday raised its annual profit forecast and reported first-quarter earnings that topped estimates, boosted by its industrial and clinical tri...
Apr 27, 2022
