Tag Archives: technology
Thailand threatens Facebook with legal action over alleged scams
By Panu Wongcha-um and Panarat Thepgumpanat BANGKOK (Reuters) -Thailand's digital minister plans to ask a court to shut down Meta Platforms' Facebook in Southeast Asia's second largest economy unless ...
Aug 21, 2023
Palo Alto shares jump as rosy forecast soothes slowdown fears
(Reuters) - Palo Alto Networks surged 12% on Monday after its dominant position in the cybersecurity market helped power a strong forecast, cheering investors worried about possible weakness after it ...
Aug 21, 2023
Nvidia earnings will be major test for AI demand, market rally
By Chavi Mehta (Reuters) - Nvidia investors expect the chip designer to forecast quarterly revenue above estimates when it reports results on Wednesday. Their only question is, by how much? The compan...
Aug 21, 2023
UK clears Broadcom’s $69 billion deal to buy VMware
(Reuters) - UK's competition regulator said on Monday it has cleared U.S. tech company Broadcom's $69 billion purchase of VMware, following an in-depth phase-2 probe. The Competition and Markets Autho...
Aug 21, 2023
Analysis-Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed
By Hannah Lang WASHINGTON (Reuters) - PayPal's stablecoin is likely to succeed where Facebook's failed, thanks to the payment giant's standing in Washington and policymakers' greater understanding of ...
Aug 21, 2023
Arm IPO to put SoftBank’s AI hard sell to the test
By Anton Bridge TOKYO (Reuters) - When SoftBank Group-owned chip designer Arm files for a Nasdaq IPO on Monday, investors are set to hone in on a key question - will the company have "exponential grow...
Aug 21, 2023
China’s Honor stages India return with local manufacturing plans in early 2024
By Indranil Sarkar BENGALURU (Reuters) - Chinese smartphone brand Honor will relaunch in India through a licensing deal with a local company and is aiming to start domestic manufacturing by early next...
Aug 21, 2023
As Indonesia pushes EV dream, car shoppers stay cautious
By Johan Purnomo and Stefanno Sulaiman TANGERANG, Indonesia (Reuters) - Indonesia's government used the Jakarta auto show to double down on plans to drive production and sales of electric vehicles in ...
Aug 20, 2023
Meta to launch web version of Threads App early next week – WSJ
(Reuters) - Meta Platforms plans to launch a web version of its microblogging app Threads early next week, the Wall Street Journal reported on Sunday, citing people familiar with the matter. (Reportin...
Aug 20, 2023
Food tech company ENOUGH raises 40 million euros
By Sudip Kar-Gupta BRUSSELS (Reuters) - Food technology company ENOUGH, which has partnerships with Unilever and Marks & Spencer, has raised 40 million euros ($43.5 million), attracting investment des...
Aug 20, 2023
