Tag Archives: technology
Tesla, after recent cuts, raises starting price of Model Y in China
SHANGHAI/BEIJING (Reuters) -Tesla Inc has increased the starting price of its Model Y crossovers by 0.8% to 261,900 yuan ($38,577.11) in China, after the company's aggressive price cuts at the beginni...
Syndicated Content Feb 09, 2023
Meta, law firm Gibson Dunn sanctioned in Facebook privacy case
By Andrew Goudsward (Reuters) - A U.S. judge on Thursday sanctioned Meta Platforms Inc and its law firm, Gibson, Dunn & Crutcher for "delay, misdirection and frivolous arguments" in a data privacy law...
Syndicated Content Feb 09, 2023
AMD wins nearly a third of processor market, Arm’s climb slows, analyst report
By Stephen Nellis (Reuters) - Advanced Micro Devices Inc has captured nearly a third of the market for central processor units while British chip technology firm Arm Ltd's rise in the PC market slowed...
Syndicated Content Feb 09, 2023
U.S. officials prepping legislation to revamp asylum system
By Ted Hesson WASHINGTON (Reuters) -U.S. President Joe Biden's administration is developing a sweeping bill that would revamp the country's asylum system to speed up the resolution of claims in large-...
Syndicated Content Feb 09, 2023
SpaceX test-fires Starship booster in key milestone for debut orbital launch
WASHINGTON (Reuters) - SpaceX's towering Super Heavy booster, one half of the company's Starship rocket system, briefly roared to life for the first time on Thursday in a test-firing that puts the beh...
Syndicated Content Feb 09, 2023
PayPal forecasts strong full-year profit, says CEO to retire
(Reuters) -PayPal Holdings Inc forecast full-year profit above Wall Street estimates on Thursday, as the payment firm's customers undeterred by decades-high inflation continue to spend, and said Chief...
Syndicated Content Feb 09, 2023
Lyft forecasts revenue below estimates, blames cold weather, lower prices
(Reuters) - Lyft Inc on Thursday forecast current-quarter revenue below Wall Street estimates, blaming extremely cold weather in some of its major markets and lower prices, especially during peak hour...
Syndicated Content Feb 09, 2023
Crypto exchange Kraken to shut down staking service, pay fine in U.S. SEC settlement
By Hannah Lang (Reuters) -Crypto exchange Kraken has agreed to shut down its cryptocurrency staking service and pay $30 million in penalties to settle charges with the U.S. Securities and Exchange Com...
Syndicated Content Feb 09, 2023
Redwood Materials says it wins $2 billion DOE loan for EV materials plant
By Paul Lienert and David Shepardson (Reuters) - Redwood Materials said on Thursday it has received a conditional commitment for a $2 billion loan from the U.S. Energy Department to help build out a $...
Syndicated Content Feb 09, 2023
Yahoo to lay off more than 20% of staff
(Reuters) -Yahoo said on Thursday it plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech division. The cuts will impact nearly 50% of Yahoo's ad tech ...
Syndicated Content Feb 09, 2023

