Tag Archives: technology
Shares in China’s 360 Security slump after founder’s divorce deal
SHANGHAI (Reuters) - Shares in Chinese cybersecurity company 360 Security Technology plunged on Thursday after the firm announced that its billionaire founder Zhou Hongyi and his wife were divorcing a...
Apr 06, 2023
Vietnam to conduct ‘comprehensive inspection’ of TikTok over harmful content
HANOI (Reuters) - Vietnam's government said it will probe TikTok's operations in the country from May, in a bid to ensure the video platform complies with regulations on content management, tax paymen...
Apr 06, 2023
Amazon plans to reduce employee stock awards in 2025 – Business Insider
(Reuters) - Amazon.com Inc is trimming the number of shares it plans to give employees as part of their 2025 compensation, Business Insider reported on Wednesday, citing a memo. The economic climate a...
Apr 05, 2023
Savvy Games to acquire gaming company Scopely for $4.9 billion
(Reuters) - Savvy Games Group, wholly owned by Saudi Arabia's Public Investment Fund (PIF), has agreed to acquire Scopely, a maker of mobile games based in Culver City, California, for $4.9 billion, t...
Apr 05, 2023
Qualcomm, Nvidia spar for top spot in AI chip efficiency tests
By Stephen Nellis (Reuters) - Artificial intelligence chips from Qualcomm Inc beat Nvidia Corp in two out of three measures of power efficiency in a new set of test data published on Wednesday, while ...
Apr 05, 2023
Portuguese NGO sues TikTok, says platform ‘profits from children’
LISBON (Reuters) - A Portugal-based European consumer protection group has sued short-video app TikTok for allegedly allowing children aged under 13 to sign up for an account without parental consent ...
Apr 05, 2023
Italy, digital payment firms and retailers at odds over deal to cut fees
By Giuseppe Fonte ROME (Reuters) - Italy is struggling to broker a deal between payments firms, banks and retailers to cut fees on electronic transactions, two sources familiar with the matter told Re...
Apr 05, 2023
Ex-Intel chief architect explores data center deals for AI startup in India
By Chavi Mehta BENGALURU (Reuters) - Intel Corp's former chief architect Raja Koduri is in talks with Hiranandani-backed data center operator Yotta for a deal for his generative artificial intelligenc...
Apr 05, 2023
AI stocks tumble after short-seller attack on C3.ai
(Reuters) - Artificial intelligence (AI) stocks fell on Wednesday after a short seller alleged accounting issues at retail darling C3.ai Inc, dampening investor interest in the group of small companie...
Apr 05, 2023
Apple says more suppliers committing to renewable energy
By Stephen Nellis (Reuters) - Apple Inc on Wednesday said that more of its supply chain is committing to use renewable energy in producing the company's iPhones, Macs and other products. Apple said su...
Apr 05, 2023
