Tag Archives: technology
Siltronic beats guidance amid economic slowdown
(Reuters) - German silicon wafer supplier Siltronic reported on Thursday first-quarter sales that slightly exceeded guidance, despite an economic slowdown, geopolitical uncertainty, a lower wafer area...
Syndicated Content May 11, 2023
EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition
By Abhirup Roy SAN FRANCISCO (Reuters) - Rivian Automotive Inc is betting it can keep prices high for its debut lines of electric pickup trucks and sport-utility vehicles even when competition swells,...
Syndicated Content May 10, 2023
Intel, Boston Consulting Group team to sell AI to corporate customers
By Stephen Nellis (Reuters) - Intel Corp and Boston Consulting Group on Wednesday said they are working together to sell generative artificial intelligence tools to big businesses. Generative AI is th...
Syndicated Content May 10, 2023
Robinhood jumps in extended trade after rev beat, 24-hour trading announcement
By Stephen Culp NEW YORK (Reuters) - Shares of Robinhood Markets Inc were last up 2.4% in extended trading after the company beat quarterly revenue forecasts and confirmed it would launch 24-hour trad...
Syndicated Content May 10, 2023
Bittrex approved to borrow $7 million bankruptcy loan in bitcoin
By Dietrich Knauth (Reuters) - Bankrupt cryptocurrency exchange Bittrex Inc received court permission Wednesday to borrow $7 million in bitcoin to fund the start of its Chapter 11 case. Seattle-based ...
Syndicated Content May 10, 2023
Explainer: How is the new Google AI search different from Bard chatbot?
By Anna Tong (Reuters) - Alphabet Inc's Google on Wednesday demonstrated an updated core search product that embeds more AI in its answers as the company looks to banish doubts that it is losing groun...
Syndicated Content May 10, 2023
Disney cuts streaming losses, resurgent parks boost results
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Walt Disney Co reduced losses in its streaming media unit by more than $400 million from the prior quarter, the company said on Wednesday ...
Syndicated Content May 10, 2023
Airbnb’s gloomy forecast weighs on hotel, airline stocks
By Chibuike Oguh NEW YORK (Reuters) - A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on Wednesday as an expected slowdown in bookings signaled an impending slump i...
Syndicated Content May 10, 2023
Brazil’s crusading justice Moraes ratchets up fight with global tech giants
By Ricardo Brito BRASILIA (Reuters) - The head of Brazil's electoral authority, Supreme Court Justice Alexandre de Moraes, delivered a stern warning to the world's top tech companies on Wednesday, say...
Syndicated Content May 10, 2023
EU antitrust regulators seeking more info on Apple Pay
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looki...
Syndicated Content May 10, 2023

