Tag Archives: technology
PayPal taps Intuit executive for CEO role
(Reuters) - PayPal Holdings said on Monday that Alex Chriss, a top executive at tax-preparation software firm Intuit, would replace its longest-serving chief executive officer Dan Schulman on Sept. 27...
Syndicated Content Aug 14, 2023
China’s Geely unveils auto robotics brand JI YUE
BEIJING (Reuters) - Chinese automaker Geely Holding Group on Monday unveiled a premium intelligent technology brand JI YUE, which stems from Geely's cooperation with Baidu Inc on "automotive robotics"...
Syndicated Content Aug 14, 2023
Bankman-Fried heads to Brooklyn jail notorious for poor conditions
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried will prepare for his fraud trial from a Brooklyn jail where inmates ranging from convicted sex trafficker Ghislaine Maxwell to Honduras' former pres...
Syndicated Content Aug 14, 2023
Naver’s ‘Webtoon’ CEO says barrier for new entrants is high
By Joyce Lee SEOUL (Reuters) - South Korean tech giant Naver's webcomics business, called "Webtoon", will rely on its deep bank of content and creators to fend off new competition from larger Silicon ...
Syndicated Content Aug 14, 2023
Apple supplier Foxconn’s Q2 profit slips 1%, beats forecasts
TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt demand for smart consumer electronics. The Taiwanese company, the w...
Syndicated Content Aug 14, 2023
In the Market: Funds fret over the fallout of Biden’s China order
By Paritosh Bansal (Reuters) - Fund managers are worried the Biden administration's move to restrict some outbound U.S. investment to China will further fuel anti-Beijing sentiment in Washington and p...
Syndicated Content Aug 14, 2023
Dell’s Aussie arm to pay $6.5 million in penalties for misleading customers
(Reuters) - A Federal court of Australia on Monday ordered Dell Technologies' local unit to pay a A$10 million ($6.46 million) in penalties for misleading customers about the discounted prices of its ...
Syndicated Content Aug 13, 2023
Google-backed Anthropic raises $100 million from South Korea’s SK Telecom
SEOUL (Reuters) - South Korea's largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm Anthropic to strengthen its telecommunications-driven AI business. Anthro...
Syndicated Content Aug 13, 2023
Rakuten shares jump as mobile losses narrow
By Anton Bridge TOKYO (Reuters) - Rakuten Group shares surged on Monday morning after the e-commerce giant reported narrowing losses at its cash bleeding mobile unit last week alongside assurances tha...
Syndicated Content Aug 13, 2023
Exclusive-SoftBank in talks to buy Vision Fund’s 25% stake in Arm -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) - SoftBank Group Corp is in talks to acquire the 25% stake in Arm Ltd it does not directly own from Vision Fund 1 (VF1), a $100 billion investment fund ...
Syndicated Content Aug 13, 2023

