Tag Archives: technology
Samsung Elec has more than halved its stake in ASML, filings show
SEOUL (Reuters) - South Korea's Samsung Electronics has reduced its stake in semiconductor manufacturing equipment maker ASML by more than a half, its recent filings showed. Samsung held 2.75 million ...
Aug 16, 2023
Coinbase gets approval to allow crypto futures trading in US
(Reuters) - Coinbase Global said on Wednesday it had secured regulatory approval to allow U.S. retail customers to trade crypto futures, sending shares of the exchange up 5% in premarket trading. Coin...
Aug 16, 2023
China’s Tencent posts weak revenue growth
HONG KONG (Reuters) - China's Tencent Holdings posted a smaller-than-expected 11% rise in second-quarter revenue on Wednesday, as the country's sputtering economic recovery weighed on the social media...
Aug 16, 2023
Alibaba’s DingTalk to split from Cloud business group – sources
By Casey Hall SHANGHAI (Reuters) -Alibaba Group's work communication and collaboration platform DingTalk will split from the company's cloud division, according to two sources close to the company. Th...
Aug 16, 2023
China’s CATL launches fast charging LFP battery, mass production expected by year-end
BEIJING/SHANGHAI (Reuters) - Chinese battery giant CATL on Wednesday launched a fast charging lithium iron phosphate or LFP battery capable of running 400 km (248 miles) on a 10-minute charge. Mass pr...
Aug 16, 2023
Intel terminates plan to buy Tower Semiconductor
(Reuters) - Intel said on Wednesday it has terminated its plans to acquire Israeli contract chipmaker Tower Semiconductor as it was unable to get timely regulatory approvals for the $5.4 billion deal....
Aug 16, 2023
Israeli tech startups flock to US amid uncertainty at home
By Steven Scheer and Emily Rose JERUSALEM (Reuters) - A growing number of Israel's tech startups are incorporating in the United States, attracted by deep pocketed U.S. funds and pro-business policies...
Aug 16, 2023
Tesla cuts prices for Model S and X in China
BEIJING (Reuters) - Tesla Inc has cut prices for its Model S and Model X in China, it said on Wednesday. (Reporting by Beijing newsroom; Writing by Liz Lee; Editing by Himani Sarkar)
Aug 16, 2023
Intel to walk away from $5.4 billion acquisition of Tower Semiconductor-sources
By Anirban Sen NEW YORK (Reuters) - Intel Corp will walk away from its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd once the companies' contract expires later on Tue...
Aug 15, 2023
Musk’s X delays access to content on Reuters, NY Times, social media rivals
By Sheila Dang (Reuters) - Social media company X, formerly known as Twitter, delayed access to links to content on the Reuters and New York Times websites as well as rivals like Bluesky, Facebook and...
Aug 15, 2023
