Tag Archives: technology
China rebukes U.S. over latest chip restrictions
BEIJING (Reuters) - China has lodged a stern rebuke of the United States over its latest chip restrictions, China's foreign ministry said in a statement on Wednesday. "Such restrictions and forced de-...
Oct 18, 2023
SK Hynix denies report about approaching SoftBank on Kioxia merger
SEOUL (Reuters) - South Korea's SK Hynix Inc, the world's second-largest memory chip maker, said on Wednesday it has not approached Japan's SoftBank Group for a partnership concerning a possible deal ...
Oct 18, 2023
Lawmakers urge White House to crackdown on Hamas use of crypto after Israel attack
By Hannah Lang (Reuters) - A bipartisan group of lawmakers is urging the Biden administration to swiftly crack down on the use of cryptocurrencies by Hamas and its affiliates following the Palestinian...
Oct 18, 2023
Nexi shares fail to open on bid report as CVC declines to comment
MILAN (Reuters) - Shares in Italy's Nexi failed to start trading at open on Wednesday due to excessive gains fuelled by a media report of a possible bid by CVC Capital Partners which the private equit...
Oct 18, 2023
Exclusive-China’s Nio considers tapping dealers to boost EV sales in Europe – sources
SHANGHAI (Reuters) - Chinese electric vehicle maker Nio is considering building a dealer network in Europe to speed up sales growth, three sources familiar with the matter said, even as China's EVs fa...
Oct 18, 2023
Analysis-US throws Nvidia a lifeline while choking off China’s chipmaking future
By Stephen Nellis and Max A. Cherney SAN FRANCISCO (Reuters) - While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly thre...
Oct 18, 2023
Infineon signs semiconductor supply deal with automakers Hyundai, Kia
BERLIN (Reuters) - German chip manufacturer Infineon said on Wednesday it has signed a multi-year agreement with Hyundai and Kia to supply power semiconductors for the production of electric cars. Inf...
Oct 18, 2023
ASML reports third-quarter net profit of $2 billion, sees 2024 sales flat
AMSTERDAM (Reuters) -Semiconductor equipment maker ASML Holding NV reported on Wednesday third-quarter earnings of 1.9 billion euros ($2.01 billion), in line with analyst expectations, and said it exp...
Oct 18, 2023
Analysis-WhatsApp clampdown highlights video call compliance threat for finance firms
By Sinead Cruise LONDON (Reuters) - With text messages and emails under tightened surveillance, financial firms may now have to screen staff video calls for possible rule-breaking, amid concern regula...
Oct 18, 2023
Britain aims for global leadership role with AI safety summit
By Martin Coulter LONDON (Reuters) - Britain will host the world's first global artificial intelligence (AI) safety summit next month, aiming to carve out a role following Brexit as an arbiter between...
Oct 18, 2023
