Tag Archives: technology
Logitech raises sales forecast for first half of 2024
(Reuters) -Logitech International on Tuesday raised its sales outlook for the first half of its 2024 financial year, in the first set of results since longstanding CEO Bracken Darrell quit the compute...
Jul 24, 2023
UK battery startup Nexeon to supply Panasonic with advanced material
By Paul Lienert (Reuters) - UK battery startup Nexeon will supply high-energy silicon anode material to Panasonic's newest U.S. plant starting in 2025, the companies said on Monday. The use of silicon...
Jul 24, 2023
Apple faces $1 billion UK lawsuit by apps developers over app store fees
By Foo Yun Chee BRUSSELS (Reuters) - Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App...
Jul 24, 2023
Shein posts US lobbying tab as it stays in lawmakers’ crosshairs
By Arriana McLymore NEW YORK (Reuters) - Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter in lobb...
Jul 24, 2023
F5 results beat estimates as client spending on cloud applications rise
(Reuters) - F5 beat third-quarter revenue and profit estimates on Monday, benefiting from higher customer spending on its cloud-related technology, sending its shares up nearly 9% after the bell. Afte...
Jul 24, 2023
NXP forecasts third quarter above estimates on steady automotive demand
(Reuters) - Chipmaker NXP Semiconductors forecast third-quarter revenue and profit above Wall Street targets on Monday, betting that demand from automakers ramping up production will cushion the hit f...
Jul 24, 2023
Cadence lifts revenue forecast as AI boom boosts chip-design demand
(Reuters) - Cadence Design Systems Inc on Monday raised its full-year revenue forecast slightly above Wall Street estimates, as a surge in artificial intelligence (AI) innovation fueled demand for cus...
Jul 24, 2023
EV charger operator EVCS seeks to raise $125 million to expand network
By Isla Binnie and Abhirup Roy NEW YORK (Reuters) - Electric-vehicle charger operator EVCS is looking to raise $125 million, according to a document seen by Reuters, as it races to expand its network ...
Jul 24, 2023
Adobe’s Figma deal faces full-scale EU antitrust probe, sources say
By Foo Yun Chee (Reuters) - Adobe's $20 billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust investigation following EU regulators' preliminary review, people famili...
Jul 24, 2023
1st Source says 450,000 records affected in client data breach
(Reuters) - Commercial and Consumer bank 1st Source Corp said on Monday a security breach that involved a popular file transfer tool, MOVEit, has impacted about 450,000 records. A third party had gain...
Jul 24, 2023
