Tag Archives: technology
Under-fire Telecom Italia CEO faces board showdown
By Elvira Pollina MILAN (Reuters) - Telecom Italia (TIM) CEO Luigi Gubitosi faces the board on Thursday at a meeting sought by top investor Vivendi following two profit warnings in three months at Ita...
Syndicated Content Nov 11, 2021
Telefonica plans to cut up to 4,000 jobs in H1 2022 by voluntary redundancy -source
By Clara-Laeila Laudette MADRID (Reuters) - Spanish mobile and broadband operator Telefonica plans to cut at least 2,000 jobs and up to 4,000 through voluntary redundancy in the first half of 2022, a ...
Syndicated Content Nov 11, 2021
Macquarie and CDP win EU approval for Open Fiber acquisition
MILAN (Reuters) - The acquisition of broadband network company Open Fiber by Italy's state lender Cassa Depositi e Prestiti (CDP) and Australian fund Macquarie has won EU regulatory approval, a filing...
Syndicated Content Nov 11, 2021
Malaysia opposition MPs urge review of 5G plan after Reuters report
KUALA LUMPUR (Reuters) - Two Malaysian opposition lawmakers on Thursday called on the government to review plans for a state-owned 5G network, after Reuters reported a negotiations deadlock between te...
Syndicated Content Nov 11, 2021
Siemens CEO watching the share price of Siemens Energy – CEO
ZURICH (Reuters) - Siemens continues to monitor the stock price of Siemens Energy, the power generation business it spun off last year, before it decides when to sell its 35.1% stake, Chief Executive ...
Syndicated Content Nov 11, 2021
Toshiba’s lurch from crisis to crisis since 2015
TOKYO (Reuters) - Toshiba Corp plans to unveil a new business strategy on Friday. The once-storied conglomerate has been battered by accounting scandals, massive writedowns for its U.S. nuclear busine...
Syndicated Content Nov 11, 2021
Russia’s Sberbank, enhancing AI offering, unveils second supercomputer
By Alexander Marrow MOSCOW (Reuters) - A second supercomputer and artificial intelligence (AI) upgrades form part of Sberbank's enhanced offerings of digital services such as cloud computing and virtu...
Syndicated Content Nov 11, 2021
Website creator Wix.com loss in Q3 less than expected
JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, reported on Thursday a wider third-quarter loss but said the uncertainty due to the COVID-19 pandemic was dimini...
Syndicated Content Nov 11, 2021
Delivery Hero sees 2021 revenue at higher end of outlook range
(Reuters) - Delivery Hero on Thursday adjusted its 2021 revenue outlook to the upper end of a previous forecast, as the German online takeaway food company benefits from its heavy investments in food ...
Syndicated Content Nov 11, 2021
Siemens posts sales and orders beat during fourth quarter
By John Revill ZURICH (Reuters) - Siemens reported better-than-expected sales and orders during its fourth quarter on Thursday as the engineering and technology company tackled ongoing supply chain bo...
Syndicated Content Nov 11, 2021

