Tag Archives: technology
DoorDash shares surge on revenue beat, stand out among pandemic darlings
(Reuters) - Shares of DoorDash Inc surged 26% in premarket trade on Thursday after the food-delivery company beat estimates for quarterly revenue, a rare bright spot among stay-at-home darlings that h...
Feb 17, 2022
Fintech firm Circle doubles valuation to $9 billion in new SPAC deal
(Reuters) -Fintech company Circle Internet Financial said on Thursday it was valued at $9 billion under new deal terms for its merger with blank-check firm Concord Acquisition Corp. The previous agree...
Feb 17, 2022
Israeli software company Nice eyes double-digit growth in 2022
JERUSALEM (Reuters) - Israeli enterprise software provider Nice expects double-digit growth and revenue above $2 billion for 2022, it said as it reported a higher than expected increase in quarterly n...
Feb 17, 2022
U.S. investigates 416,000 Tesla vehicles over unexpected braking reports
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration (NHTSA) said Thursday it is opening a formal investigation into 416,000 Tesla vehicles over reports of unex...
Feb 17, 2022
Exclusive-Trump app opens to hundreds of testers ahead of expected launch
By Helen Coster (Reuters) - Details about former U.S. President Donald Trump's new social media app are trickling out as about 500 beta testers have begun using an early version of "Truth Social," two...
Feb 17, 2022
Software firm Palantir boosts revenue view on commercial strength
By Chavi Mehta (Reuters) - Palantir Technologies forecast current-quarter sales above estimates on Thursday, after a steady flow of government contracts and a growing commercial portfolio boosted the ...
Feb 17, 2022
Age before apps revolt galvanises Europe’s elderly savers
By Jess Aguado MADRID (Reuters) - Aggravated by fiddly financial apps, retired urologist Carlos San Juan got more than he bargained for when he began a campaign for a more user-friendly service from S...
Feb 17, 2022
Volkswagen in talks with Huawei on autonomous driving unit – Manager Magazin
BERLIN (Reuters) - Germany's Volkswagen is in talks with China's Huawei about acquiring an autonomous driving unit for billions of euros, Manager Magazin reported on Thursday. Automakers and technolog...
Feb 17, 2022
Israel’s Tower Semiconductor profit jumps amid pending sale to Intel
JERUSALEM (Reuters) - Tower Semiconductor on Thursday reported a higher than expected rise in quarterly profit, days after Intel Corp said it planned to buy the Israeli chipmaker. The company, previou...
Feb 17, 2022
Czech car production falls 11% in January as chip shortage weighs
PRAGUE (Reuters) - Czech passenger car production fell by 11.4% year-on-year to 92,657 vehicles in January, posting its lowest result for that month since 2010 as the chip shortage continued to weigh,...
Feb 17, 2022
