Tag Archives: technology
Animoca Brands token reserves down 36% after crypto plunge
By Elizabeth Howcroft LONDON (Reuters) - Hong Kong-based blockchain gaming developer Animoca Brands said its token reserves stood at $2.7 billion at the end of April, down some 36% from figures publis...
May 12, 2023
Alphabet CEO to meet EU industry chief Breton, EU deputy chief May 24
BRUSSELS (Reuters) - Alphabet Chief Executive Officer Sundar Pichai will meet European Commission deputy chief Vera Jourova and EU industry chief Thierry Breton in Brussels on May 24, according to the...
May 12, 2023
Northvolt to invest billions to build gigafactory in Germany
By Supantha Mukherjee and Victoria Waldersee STOCKHOLM/BERLIN (Reuters) - Sweden's Northvolt will invest several billion euros to build a gigafactory in Germany, able to supply around 1 million electr...
May 12, 2023
Northvolt considers building two battery plants in parallel – spokesperson
(Reuters) - Swedish batterymaker Northvolt could build two battery plants in parallel, a spokesperson said on Friday, after fears in Europe that the company would put plans on the continent on hold in...
May 12, 2023
Autonomy founder Lynch extradited to the U.S. on fraud charges
LONDON (Reuters) - British tech entrepreneur Mike Lynch has been extradited to the United States to face criminal charges over Hewlett Packard's $11 billion acquisition of his software company Autonom...
May 12, 2023
Japan’s Rakuten posts $564 million loss in Q1 on mobile loss
TOKYO (Reuters) - Japanese e-commerce and fintech giant Rakuten Group Inc on Friday posted an operating loss of 76.2 billion yen ($564.24 million) for the first three months of 2023, dragged down by i...
May 12, 2023
Toshiba expects 0.5% drop in annual profit ahead of JIP buyout
TOKYO (Reuters) - Toshiba Corp said on Friday it expected operating profit to drop 0.5% this financial year, ahead of a planned $15-billion buyout by a group led by private equity firm Japan Industria...
May 12, 2023
Toyota flags possible leak of more than 2 million users’ vehicle data in Japan
TOKYO (Reuters) - Toyota Motor Corp said on Friday the vehicle data of about 2.15 million users was left publicly available in Japan because of setting errors in the cloud environment, for about a dec...
May 11, 2023
Apple to open first online shop in Vietnam in a push to emerging market
(Reuters) - Apple said on Friday it would open its first online store in Vietnam next week, as the iPhone vendor doubles down on emerging markets to drive growth amid slowing sales in China. The openi...
May 11, 2023
Foxconn shares fall after Apple supplier’s Q1 profit plunges
TAIPEI (Reuters) - Shares of Foxconn fell more than 2% on Friday after the Apple Inc supplier's quarterly profit missed forecasts and it cited a big writedown from its stake in Japan's Sharp Corp for ...
May 11, 2023
