Tag Archives: technology
NXP forecasts sales growth driven by connected vehicles
By Stephen Nellis (Reuters) - Chipmaker NXP Semiconductors on Thursday said it believes it will hit $15 billion in sales by 2024, with much of the expansion coming from internet-connected electric veh...
Nov 11, 2021
Ransomware takes center stage in U.S. official’s Middle East trip
By Daphne Psaledakis WASHINGTON (Reuters) - U.S. Deputy Treasury Secretary Wally Adeyemo will travel to the Middle East on Friday, a Treasury spokesperson told Reuters, where he will seek to build par...
Nov 11, 2021
Musk says high production, breakeven cash flow ‘true test’ for Rivian
(Reuters) - Tesla Inc boss Elon Musk said on Thursday high production and breakeven cash flow would be the "true test" for Rivian Automotive Inc, a day after the electric vehicle maker's blockbuster m...
Nov 11, 2021
Luminar 3rd-quarter sales miss Wall Street estimates, shares slip
(Reuters) - Luminar Technologies Inc on Thursday delivered third-quarter sales that were below Wall Street expectations, sending its shares down 2% in after-hours trading. Luminar makes a lidar sensor...
Nov 11, 2021
Spotify bolsters audiobooks business with Findaway buy
By Supantha Mukherjee STOCKHOLM (Reuters) - Spotify on Thursday made a major push to have more audiobooks on its platform by buying U.S.-based audio tech company Findaway as it tries to recreate its s...
Nov 11, 2021
Biden signs legislation to tighten U.S. restrictions on Huawei, ZTE
By David Shepardson WASHINGTON (Reuters) - U.S. President Joe Biden on Thursday signed legislation to prevent companies like Huawei Technologies Co or ZTE Corp that are deemed security threats from re...
Nov 11, 2021
Deutsche Telekom board to propose raising dividend to 0.64 euros per share
BERLIN (Reuters) - Deutsche Telekom's board of management will propose raising its dividend to 0.64 euros per share this year, up from 0.60 euros in 2020, the company said on Thursday. The proposed di...
Nov 11, 2021
Turkey’s Getir launching operations in U.S. -CEO
By Can Sezer ISTANBUL (Reuters) - Turkey's ultrafast grocery-delivery company Getir said on Thursday that it is launching operations in the United States, seeking a foothold in the world's largest ret...
Nov 11, 2021
China’s Alibaba records Singles’ Day GMV of $84.54 billion over 11-day sales period
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd recorded Singles' Day gross merchandise value (GMV) of 540.3 billion yuan ($84.54 billion) over the 11-day sales period, the com...
Nov 11, 2021
North American companies rush to add robots as demand surges
By Timothy Aeppel (Reuters) - Companies in North America added a record number of robots in the first nine months of this year as they rushed to speed up assembly lines and struggled to add human work...
Nov 11, 2021
Fri Jul 3
Green Bay, WI, USA
78°FFeels Like: 79°F
Wind/Dir: 16 MPH-SSE
Humidity: 80%
