Tag Archives: technology
Spotify rival Anghami skyrockets over 80% in Nasdaq debut
(Reuters) - Shares of Anghami Inc soared more than 80% in their Nasdaq debut on Friday following the Middle East and Northern Africa-focused music streaming platform's $220 million merger with blank-c...
Syndicated Content Feb 04, 2022
Apple, Broadcom get new damages trial in $1.1 billion CalTech patent case
By Blake Brittain (Reuters) - Apple Inc and Broadcom Inc on Friday convinced a U.S. appeals court to throw out a jury verdict requiring them to pay $1.1 billion for infringing California Institute of ...
Syndicated Content Feb 04, 2022
Global tech stocks stage tentative recovery after Meta rout
By Julien Ponthus (Reuters) - Tech stocks staged a tentative rebound across financial markets on Friday as stellar results from Amazon convinced traders not to give up on a sector weakened by a global...
Syndicated Content Feb 04, 2022
Analysis-Despite client shift to ‘multicloud’, Amazon notches up sunny sales
By Paresh Dave (Reuters) - Amazon.com Inc has racked up four straight quarters of cloud computing sales growth, a streak analysts are calling impressive and easing concerns that a customer shift towar...
Syndicated Content Feb 04, 2022
Automakers, chip firms differ on when semiconductor shortage will abate
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Automakers, including General Motors, Ford Motor and Hyundai Motor predict a near two-year chip constraint will ease in the second half of 2022, but automotive...
Syndicated Content Feb 04, 2022
Empty chair for Twitter, which skips EU hate speech meeting, citing COVID
LILLE, France (Reuters) - European justice ministers will on Friday discuss online hate crime with representatives from Meta and Google - and an empty chair with a Twitter tag because the company stay...
Syndicated Content Feb 04, 2022
Facebook-owner Meta says it will pay new $2 million UK fine
LONDON (Reuters) -Britain's competition regulator said on Friday it had fined Facebook-owner Meta 1.5 million pounds ($2 million) over fresh issues regarding its purchase of Giphy, a sanction that the...
Syndicated Content Feb 04, 2022
Toshiba could choose two-way split instead of three -TV Tokyo
TOKYO (Reuters) - Toshiba Corp could choose to split in two instead of three, Japanese broadcaster TV Tokyo reported on Friday. The Japanese conglomerate is also considering selling multiple units to ...
Syndicated Content Feb 04, 2022
New SPAC raises $200 million on Amsterdam exchange, first in 2022
AMSTERDAM (Reuters) - A special purpose acquisition company or SPAC, Luxembourg-based GP Bullhound Acquisition I SE, raised 200 million euros ($229 million) on Friday on the Amsterdam Euronext, the fi...
Syndicated Content Feb 04, 2022
Chasing sky-high valuations, Dubai bankers switch to tech sector
By Hadeel Al Sayegh DUBAI (Reuters) - Faced with deal fees in the Gulf region a fraction of those in markets elsewhere, many Dubai bankers are handing in their notices, attracted by the lure of cashin...
Syndicated Content Feb 04, 2022

