Tag Archives: technology
Russia’s Yandex withdraws 2022 financial guidance
(Reuters) - Russian internet giant Yandex has withdrawn its 2022 guidance, an SEC filing showed. "In the current circumstances, our visibility over the ... medium-term is extremely limited," the compa...
Syndicated Content Apr 21, 2022
THG rejects ‘numerous’ approaches, sees broadly flat earnings this year
LONDON (Reuters) -British e-commerce company THG said it had rejected "numerous" approaches in recent weeks that failed to reflect its value as it warned inflationary pressure would result in broadly ...
Syndicated Content Apr 21, 2022
ABB posts ‘promising’ start to 2022 with big jump in orders
ZURICH (Reuters) - ABB expects to continue its "promising" start to 2022, the engineering and technology company said on Thursday, after posting better-than-expected profit and a big jump in orders du...
Syndicated Content Apr 21, 2022
Apple supplier Unimicron says Kunshan operations partially resume
TAIPEI (Reuters) - Taiwan's Unimicron Technology Corp said on Thursday that one of its two plants in eastern China's Kunshan would remain closed to comply with COVID-19 curbs but the other would resum...
Syndicated Content Apr 20, 2022
Mexico’s America Movil to increase share buyback fund by 26 billion pesos
MEXICO CITY (Reuters) - Mexican telecoms giant America Movil said on Wednesday its shareholders approved a 26 billion peso ($1.3 billion) increase to its share buyback program fund. The company, contr...
Syndicated Content Apr 20, 2022
Elon Musk scores hat trick of Tesla compensation goals worth $23 billion
By Noel Randewich (Reuters) - With Tesla's strong quarterly report on Wednesday, Chief Executive Elon Musk has scored a hat trick of performance goals worth a combined $23 billion in new compensation....
Syndicated Content Apr 20, 2022
Amazon, SpaceX snag NASA space communications contracts
By Joey Roulette WASHINGTON (Reuters) - Amazon's satellite venture, SpaceX's Starlink network and other satellite firms on Wednesday won a combined $278.5 million in contracts from NASA to demonstrate...
Syndicated Content Apr 20, 2022
Ackman gives up on Netflix, taking $400 million loss as shares tumble
(Reuters) -William Ackman's hedge fund Pershing Square Holdings Ltd said on Wednesday that it exited its Netflix Inc investment as the streaming service's stock price plunged and the billionaire inves...
Syndicated Content Apr 20, 2022
Netflix selloff is latest in Wall St retreat from streaming
By Noel Randewich and Sinad Carew (Reuters) - The collapse of Netflix's stock on Wednesday after the company reported its first loss of customers in a decade is the latest drastic sign that Wall Stree...
Syndicated Content Apr 20, 2022
Tesla shareholders lose bid for ‘gag order’ against Elon Musk
(Reuters) - A federal judge on Wednesday rejected an effort by Tesla Inc shareholders to obtain a "gag order" preventing Elon Musk from publicly discussing their lawsuit accusing him of deceiving them...
Syndicated Content Apr 20, 2022

