Tag Archives: technology
Marvell founders launch $2 billion chips foundry in Singapore
SINGAPORE (Reuters) - Singapore-based Silicon Box opened a $2 billion advanced semiconductor manufacturing foundry in the city-state on Thursday, as it seeks to broaden adoption of "chiplet" technolog...
Jul 19, 2023
Tesla’s Elon Musk optimistic on progress for self-driving, robots
By Abhirup Roy SAN FRANCISCO (Reuters) - Tesla Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in ...
Jul 19, 2023
Tencent’s low-profile founder praises China’s new support for private firms
BEIJING (Reuters) - Pony Ma, the low-profile founder of Tencent, on Thursday published an article in state media praising Beijing's new supportive policies for the private sector, as a shift in tone t...
Jul 19, 2023
China’s Washington envoy warns of retaliation against further US tech curbs
By David Brunnstrom WASHINGTON (Reuters) - China does not want a trade or tech war but will definitely respond if the United States imposes more curbs on its chip sector, China's ambassador to Washing...
Jul 19, 2023
US says Amazon agrees to penalty for Alexa’s alleged violations of children’s privacy law
WASHINGTON (Reuters) - The U.S. Justice Department said on Wednesday that Amazon.com Inc and a subsidiary agreed to a permanent injunction and to pay a $25 million civil penalty as part of a settlemen...
Jul 19, 2023
Microsoft, Activision urge US to drop case against deal before internal FTC judge
WASHINGTON (Reuters) - Microsoft, which is seeking to wrap up its acquisition of game-maker Activision for $69 billion, urged the Federal Trade Commission to withdraw a case against the deal that the ...
Jul 19, 2023
Meta’s WhatsApp down for thousands of users – Downdetector
(Reuters) - Meta Platforms' WhatsApp was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com. There were more than 22,000 incidents of people reporting issu...
Jul 19, 2023
IBM misses second-quarter revenue estimates as IT spending cools
By Chavi Mehta (Reuters) - Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT service prov...
Jul 19, 2023
Tesla Q2 margins fall as it boosts discounts to drive demand
By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla beat quarterly revenue expectations on Wednesday, but said gross margin fell in the second quarter from the previous three months, squeezed by the elec...
Jul 19, 2023
Sequoia Capital partner Michael Moritz to exit firm after 38 years
By Krystal Hu (Reuters) - Michael Moritz, the storied venture capitalist who sits on the boards of Stripe and Instacart, is leaving Sequoia Capital after 38 years, according to a letter sent to limite...
Jul 19, 2023
