Tag Archives: technology
Exclusive-Foxconn EV venture targets India, Thailand for new small car
By Sarah Wu TAIPEI (Reuters) - Foxconn's venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under dev...
Aug 01, 2023
Meta prepares AI-powered chatbots in attempt to retain users – FT
(Reuters) - Meta Platforms is preparing to launch a range of artificial intelligence (AI) powered chatbots that exhibit different personalities as soon as September, the Financial Times reported on Tu...
Jul 31, 2023
Micromobility submits bid for Dutch e-bike maker VanMoof
PARIS (Reuters) - Nasdaq-listed Micromobility.com said on Monday it had submitted a non-binding bid to acquire bankrupt Dutch electric bike maker VanMoof Amsterdam for an undisclosed sum. Its initial ...
Jul 31, 2023
Japan chip equipment supplier Disco to set up center in India – Nikkei
(Reuters) - Japan's Disco Corp wants to establish a center in India to support its clients and serve as a base for marketing to the country's semiconductor industry, the Nikkei reported on Tuesday, ci...
Jul 31, 2023
Big X taken down from Twitter roof after San Francisco squabble
(Reuters) - It is gone. A giant, glowing X no longer marks the spot on the San Francisco high-rise that is headquarters to Elon Musk's messaging company X, formerly known as Twitter. The city building...
Jul 31, 2023
US reviews record number of foreign investment transactions in 2022
By David Shepardson WASHINGTON (Reuters) - A U.S. government committee on foreign investments reviewed a record number of proposed transactions in 2022, the Treasury Department said Monday. The Commit...
Jul 31, 2023
Western Digital’s first-quarter forecast disappoints as weak cloud demand weighs
(Reuters) - Memory chipmaker Western Digital Corp forecast first-quarter revenue below Wall Street targets and a bigger-than-expected loss on Monday as weak demand, particularly for its cloud business...
Jul 31, 2023
Terraform Labs must face US SEC fraud allegations, judge rules
By Jody Godoy NEW YORK (Reuters) - Terraform Labs and its founder Do Kwon must face fraud allegations brought by the U.S. Securities and Exchange Commission, a federal judge in Manhattan ruled on Mond...
Jul 31, 2023
Arista Networks forecasts upbeat revenue as AI hype boosts cloud gear demand
(Reuters) - Arista Networks forecast quarterly revenue above estimates after delivering better-than-expected results on Monday, supported by higher demand for its cloud networking gear following a boo...
Jul 31, 2023
Monolithic Power forecasts weak quarter on semiconductor woes
(Reuters) - Monolithic Power Systems forecast current-quarter revenue slightly below estimates on Monday, signaling weakness in some areas of the semiconductor industry, sending the company's shares d...
Jul 31, 2023
