Tag Archives: technology
Meta in focus after strong report by Alphabet boosts confidence
By Nivedita Balu and Danielle Kaye (Reuters) - The holidays were a gift to Alphabet Inc's Google, quarterly results showed. Next up: Facebook owner Meta Platforms Inc. Alphabet's internet advertising,...
Feb 02, 2022
Exclusive-In heated meeting, India seeks tougher action from U.S. tech giants on fake news
By Aditya Kalra NEW DELHI (Reuters) - Indian officials have held heated discussions with Google, Twitter and Facebook for not proactively removing what they described as fake news on their platforms, ...
Feb 02, 2022
Volvo Cars reports 20% sales drop in January
STOCKHOLM (Reuters) - Volvo Car Group's monthly sales fell 20.2% in January from a year ago, the Sweden-based automaker said on Wednesday. The company, which is majority owned by China's Geely Holding...
Feb 02, 2022
Chip designer mimicking brain, backed by Sam Altman, gets $25 million funding
By Jane Lanhee Lee (Reuters) - Rain Neuromorphics Inc., a startup designing chips that mimic the way the brain works and aims to serve companies using artificial intelligence (AI) algorithms, said on ...
Feb 02, 2022
UK’s Playtech doubtful of shareholder nod on Aristocrat deal
(Reuters) - British gambling software maker Playtech raised doubts about getting shareholder nod for its takeover by Aristocrat Leisure on Wednesday based on proxy counts, saying it was evaluating oth...
Feb 02, 2022
Saudi Aramco buys 7.4% stake in Norwegian software firm Cognite
(Corrects Aker BP instrument code in 1st paragraph) OSLO (Reuters) - Saudi Aramco has bought a 7.4% stake in Norwegian industrial software group Cognite from oil firm Aker BP , Cognite said on Wednesd...
Feb 02, 2022
Amazon to create 1,500 new apprenticeships in UK in 2022
LONDON (Reuters) - Amazon will create 1,500 new apprenticeships in the United Kingdom in 2022, it said on Wednesday. The internet giant said it was offering 40 entry to degree-level apprenticeship sch...
Feb 02, 2022
Sweden’s Hexagon reports record profit despite component shortages
STOCKHOLM (Reuters) - Swedish industrial technology group Hexagon beat market expectations on Wednesday with record quarterly earnings on Wednesday as it mitigated the effects of global component shor...
Feb 02, 2022
Siltronic reports 17% EBITDA jump, sees good start to 2022
BERLIN (Reuters) - German chip supplier Siltronic reported a 17% rise in fourth-quarter earnings on Wednesday and said it expected semiconductor demand to increase in the mid and long terms. Earnings ...
Feb 02, 2022
Self-charging hybrids outsell diesel in Europe for first time – ACEA
BERLIN (Reuters) - Self-charging hybrid cars, which operate on both an internal combustion engine and a battery, outsold diesel cars in Europe for the first time in 2021, albeit by just 48 vehicles, d...
Feb 02, 2022
