Tag Archives: technology
TomTom sees more supply chain constraints in 2022, misses Q4 forecasts
(Reuters) - Dutch navigation and digital mapping company TomTom said on Friday it expected more supply chain constraints in 2022 as it reported weaker-than-expected quarterly core earnings. The Amster...
Syndicated Content Feb 04, 2022
Northvolt, Volvo Cars pick Gothenburg for new gigafactory
STOCKHOLM (Reuters) - Automaker Volvo Cars and battery maker Northvolt will build their joint battery plant in Gothenburg, in western Sweden, the two companies said on Friday. The two Sweden-based com...
Syndicated Content Feb 04, 2022
Earnings whiplash points to more volatility for U.S. markets
By David Randall NEW YORK (Reuters) - Diverging earnings from megacap growth stocks are fueling wild swings in equities, opening the door for more volatility on the heels of last month's sharp drop as...
Syndicated Content Feb 04, 2022
Toshiba to invest $1 billion to double power chip production
TOKYO (Reuters) - Toshiba Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch up with power chip...
Syndicated Content Feb 04, 2022
Thailand’s Gulf Energy to seal crypto JV with Binance in Q2
By Chayut Setboonsarng BANGKOK (Reuters) - Thai power producer Gulf Energy Development Pcl expects to finalise a joint venture (JV) with the world's biggest cryptocurrency exchange, Binance, in the se...
Syndicated Content Feb 03, 2022
Storm clouds gather at SoftBank Group as valuations slide
By Sam Nussey TOKYO (Reuters) - Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of top portfolio companies slipping and heavy...
Syndicated Content Feb 03, 2022
Amazon trots out YouTube-sized advertising business
By Danielle Kaye NEW YORK (Reuters) - Amazon pulled the veil off its sprawling advertising business for the first time on Thursday, revealing a business larger than that of Google's YouTube. Amazon re...
Syndicated Content Feb 03, 2022
Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTs
By Blake Brittain (Reuters) - Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes, marking the latest lawsuit over digita...
Syndicated Content Feb 03, 2022
Analysis-Facebook usage dips for first time. Will Instagram follow?
By Paresh Dave and Elizabeth Culliford (Reuters) - TikTok, the pandemic and mobile data costs in India all helped draw people away from Facebook at an unprecedented rate last quarter. The big question...
Syndicated Content Feb 03, 2022
Activision misses quarterly adjusted sales estimates on subdued demand
(Reuters) -Activision Blizzard Inc, which is being acquired by Microsoft Corp for $68.7 billion, missed market estimates for fourth-quarter adjusted sales on Thursday, as the pandemic-fueled sales boo...
Syndicated Content Feb 03, 2022

