Tag Archives: technology
Verizon raises free cash flow forecast as subscriber additions top estimates
(Reuters) - Verizon raised its annual free cash flow forecast on Tuesday as promotions and the U.S. wireless carrier's high-speed 5G network helped it attract more subscribers than expected in the thi...
Oct 24, 2023
Tesla Autopilot fatality case to soon reach California jury
By Dan Levine and Hyunjoo Jin (Reuters) - Closing arguments are set to begin on Tuesday in the first U.S. trial over allegations that Tesla's Autopilot driver assistant feature led to a death, and its...
Oct 24, 2023
Spotify’s user growth beats expectations, posts quarterly profit
By Supantha Mukherjee STOCKHOLM (Reuters) - Streaming giant Spotify on Tuesday reported quarterly monthly active users and subscribers ahead of expectations as it grew in all regions, and forecast tha...
Oct 24, 2023
ByteDance says committed to VR business Pico after report of it shutting brand
By Josh Ye HONG KONG (Reuters) - TikTok owner ByteDance said on Tuesday it is not shutting its virtual reality (VR) business Pico and remains committed to the industry for the long term, after reports...
Oct 24, 2023
Viaplay shares fall 18% after company seeks recapitalisation, postpones results
OSLO (Reuters) -Shares in Swedish streaming company Viaplay fell 18% on Tuesday after the company said it is in talks with three major shareholders as well as lenders and bondholders on a recapitalisa...
Oct 24, 2023
Mitsubishi Motors to invest around 20 billion yen into Renault’s new EV company – Nikkei
TOKYO (Reuters) - Japanese automaker Mitsubishi Motors plans to invest into the new electric vehicle unit of Renault, with the investment expected to be about 20 billion yen ($133.8 million), the Nikk...
Oct 24, 2023
Governments, firms should spend more on AI safety, top researchers say
By Supantha Mukherjee STOCKHOLM (Reuters) - Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and...
Oct 24, 2023
China’s Great Wall Motor is first EV maker to respond to EU anti-subsidy probe
SHANGHAI (Reuters) - China's Great Wall Motor said it had formally submitted responses to the European Commission's anti-subsidy investigation of Chinese-made electric vehicles (EVs), while calling fo...
Oct 24, 2023
Bitcoin leaps to 2023 high on ETF bets
SINGAPORE (Reuters) - Cryptocurrencies extended gains in Asia trade on Tuesday, with bitcoin rallying to an almost 18-month high on speculation that an exchange-traded bitcoin fund is imminent. Bitcoi...
Oct 23, 2023
Computer parts maker Logitech’s second-quarter sales fall
(Reuters) - Logitech International suffered a drop in sales in the second quarter, it said on Tuesday, as the computer peripherals maker struggled to hold on to the gains made during the pandemic. (Re...
Oct 23, 2023
