Tag Archives: technology
Google to start manufacturing smartphones in India with Pixel 8
NEW DELHI (Reuters) - Alphabet Inc intends to start manufacturing in India and will partner with international and domestic manufacturers to produce Pixel smartphones locally, starting with Pixel 8, a...
Oct 19, 2023
VinFast expects sales to founder’s taxi venture to extend into 2024
By Phuong Nguyen HANOI (Reuters) - VinFast expects electric car and scooter sales to an affiliated ride service owned by its founder to continue into 2024 and has not extended any financing or special...
Oct 19, 2023
ECB’s Nagel: possible to pay with digital euro in roughly 5 years
BERLIN (Reuters) - European Central Bank policymaker Joachim Nagel said on Thursday that he assumes it will be possible to pay with the digital euro in roughly five years. The president of Germany's B...
Oct 19, 2023
TSMC Q3 profit falls 24.9%, beats market forecasts
TAIPEI (Reuters) -Taiwanese chipmaker TSMC posted a 24.9% fall in third-quarter net profit on Thursday as global economic woes hit demand for chips used in applications from cars to cellphones and ser...
Oct 19, 2023
Nokia to cut up to 14,000 jobs after sales drop 20%
By Supantha Mukherjee STOCKHOLM (Reuters) -Finnish telecom gear group Nokia on Thursday said it will cut up to 14,000 jobs as part of a new cost savings plan after third-quarter sales drop 20% due to ...
Oct 19, 2023
India’s Coforge posts 16% jump in Q2 revenue, reiterates full-year forecast
BENGALURU (Reuters) - Indian IT services company Coforge on Thursday reported a 16.2% jump in second-quarter revenue and reiterated its revenue growth forecast for fiscal year 2024, aided by new deal ...
Oct 18, 2023
India’s Wipro shares slide premarket on weak Q3 IT services forecast
BENGALURU (Reuters) - Shares of India's fourth-largest IT services provider Wipro fell 3.8% in premarket trading on Thursday after the company forecast a drop in third-quarter IT services revenue. The...
Oct 18, 2023
Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
By Abhirup Roy and Ben Klayman SAN FRANCISCO (Reuters) - Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle production capacity, citing economic uncer...
Oct 18, 2023
Honda, GM, Cruise plan to begin Japan driverless ride service in early 2026
TOKYO (Reuters) - Honda Motor said on Thursday that it aims to set up a joint venture with General Motors and Cruise to begin driverless ride service in Japan in early 2026. The three companies aim to...
Oct 18, 2023
Tesla’s Musk raises Cybertruck production concerns, reveals delivery date
By Akash Sriram (Reuters) - Tesla CEO Elon Musk on Wednesday warned of difficulties in ramping up production of the automaker's much-awaited Cybertruck electric pickup truck and announced that deliver...
Oct 18, 2023
