Tag Archives: technology
Germany’s Delivery Hero hikes 2023 revenue outlook, eyes investments
By Linda Pasquini and Anna Mackenzie (Reuters) -German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook and said it eyed growth investments, after it swung ...
Syndicated Content Aug 09, 2023
India passes data protection law amid surveillance concerns
NEW DELHI (Reuters) - Indian lawmakers on Wednesday passed a data protection law that will dictate how tech companies process users' data amid criticism that it will likely lead to increased surveilla...
Syndicated Content Aug 09, 2023
Penn Entertainment beats profit estimates on rising demand for sports betting
(Reuters) - Penn Entertainment reported a better-than-expected quarterly profit on Wednesday, as visitors return to its casinos and demand for online sports betting rises. Shares of the company rose ~...
Syndicated Content Aug 09, 2023
Russia to widen scope of digital rouble testing from Aug. 15 -central bank
By Elena Fabrichnaya MOSCOW (Reuters) - Russia will begin piloting its digital rouble with consumers on Aug. 15 after a lengthy testing phase with banks, the central bank said on Wednesday, as Moscow ...
Syndicated Content Aug 09, 2023
Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) - Indonesia's industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production ca...
Syndicated Content Aug 09, 2023
Roblox misses quarterly bookings estimates on lower spending, shares tumble
(Reuters) -Gaming platform Roblox missed estimates for second-quarter bookings on Wednesday as waning demand for its online games and intensifying competition hurt growth, sending its shares down 8% i...
Syndicated Content Aug 09, 2023
IBM to launch Meta’s Llama 2 on watsonx AI platform for businesses
(Reuters) - International Business Machines said on Wednesday it would host Meta Platforms' artificial intelligence language program on its own enterprise AI platform, watsonx. IBM's watsonx, which he...
Syndicated Content Aug 09, 2023
UK retailer John Lewis boosts AI capability with Google deal
(Reuters) -British retailer John Lewis Partnership has agreed a five-year deal with Alphabet Inc's Google Cloud, enabling it to harness the latest artificial intelligence (AI) and machine learning (ML...
Syndicated Content Aug 09, 2023
Lyft falls as pricing strategy casts shadow over profit goals
(Reuters) - Lyft's shares tumbled nearly 8% as investors feared the ride-hailing platform's focus on competitive pricing to gain market share would muddy its path to profitability. Lyft and its more d...
Syndicated Content Aug 09, 2023
US reports big interest in $52 billion semiconductor chips funding
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed interested in winning government semiconductor subsidy funding in ...
Syndicated Content Aug 09, 2023

