Tag Archives: technology
EU approves 2 billion euros Italian scheme to support 5G roll out
AMSTERDAM (Reuters) - The EU Commission said on Monday it approved a two billion euro Italian scheme to support the roll out of 5G mobile networks through the Recovery and Resilience Facility, accordi...
Apr 25, 2022
Graphic chip price drop raises questions on whether end of shortage is in sight
By Jane Lanhee Lee, Chavi Mehta and Noel Randewich (Reuters) - A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing fr...
Apr 25, 2022
Ad group WPP moves into logistics with e-commerce arm Everymile
LONDON (Reuters) - WPP, the world's largest advertising company, has launched an end-to-end e-commerce platform to handle the logistics and delivery of products sold by its clients, after it helped th...
Apr 25, 2022
Huya cuts hundreds of staff, sources say, as Chinese tech retrenches
By Josh Ye HONG KONG (Reuters) - Chinese video game streaming site Huya has started laying off staff, three sources close to the matter said, as more of the country's technology companies scale back a...
Apr 25, 2022
German-funded consortium to develop ‘battery passport’ for European batteries
BERLIN (Reuters) - A consortium of carmakers and battery producers including BMW, Umicore and BASF will work alongside technology partners to develop a "battery passport" that traces the content and c...
Apr 25, 2022
Abu Dhabi licences Kraken to operate crypto exchange
DUBAI (Reuters) - Abu Dhabi Global Market (ADGM) said on Monday it has licenced the Kraken group to operate a regulated virtual asset exchange platform in the financial free zone. Kraken is the first ...
Apr 25, 2022
Philips Q1 core profit plunges as supply chain problems continue
AMSTERDAM (Reuters) - Dutch health technology company Philips on Monday said first-quarter core profit dropped about a third from a year prior to 243 million euros ($261.8 million), hit by an ongoing ...
Apr 25, 2022
Apple supplier Foxconn suspends production at two China factories – SCMP
(Reuters) - Apple Inc's prime supplier Foxconn Technology Group halted operations at two of its factories in eastern China's Kunshan after new COVID-19 cases were reported on site, the South China Mor...
Apr 24, 2022
CEO of Israel’s Bezeq Telecom to resign
JERUSALEM (Reuters) - David Mizrahi is to step down as chief executive of Bezeq, Israel's biggest telecoms group, the company said on Sunday. "After more than 20 years with Bezeq Group and close to fo...
Apr 24, 2022
Alibaba’s Freshippo adds more couriers, still unable to meet Shanghai demand
SHANGHAI (Reuters) - Alibaba's supermarket chain Freshippo said on Sunday it was adding more couriers to meet high demand in Shanghai but this was not yet catching up with the rising needs of locked-d...
Apr 24, 2022
