Tag Archives: technology
Ad spending on Twitter falls by over 70% in Dec – data
(Reuters) - Advertising spend on Twitter Inc dropped by 71% in December, data from an advertising research firm showed, as top advertisers slashed their spending on the social-media platform after Elo...
Jan 24, 2023
Nidec shares slide 7% after profit forecast cut
TOKYO (Reuters) - Shares in Japan's Nidec Corp slumped as much as 7% on Wednesday morning in Tokyo after the electric motor maker nearly halved its full-year profit forecast on a slow recovery of the ...
Jan 24, 2023
Microsoft attracting users to its code-writing, generative AI software
By Jeffrey Dastin (Reuters) - Microsoft Corp on Tuesday aimed to assure investors that its big bet on artificial intelligence (AI) is paying off, even as economic turbulence is making Microsoft custom...
Jan 24, 2023
Tesla to invest over $3.6 billion in Nevada to build two new factories
(Reuters) - Tesla Inc said on Tuesday that it would invest more than $3.6 billion to build two new factories in the U.S. state of Nevada as it looks to ramp up production of its electric vehicles. (Re...
Jan 24, 2023
Nvidia CEO says AI will need regulation, social norms
By Supantha Mukherjee STOCKHOLM (Reuters) - Nvidia Corp Chief Executive Officer Jensen Huang on Tuesday said that the burgeoning field of artificial intelligence will create powerful tools that requir...
Jan 24, 2023
Uber Freight laying off 150, about 3% of workforce
(Reuters) - Uber Freight said Tuesday it will lay off roughly 150 employees, or about 3% of its workforce, as economic uncertainty hammers demand for shipping services. The division of rideshare compa...
Jan 24, 2023
Factbox-The sun never sets on Google’s antitrust woes
(Reuters) - Alphabet Inc's Google, whose clout in search, the Android smartphone operating system and online advertising upended those markets, faces antitrust fights in the United States, Europe and ...
Jan 24, 2023
U.S. Attorney General Garland says Google has used anticompetitive tactics for 15 years
WASHINGTON (Reuters) - U.S. Attorney General Merrick Garland said on Tuesday, after the Justice Department filed an antitrust lawsuit against Alphabet's Google, that the Big Tech company has sought to...
Jan 24, 2023
Alphabet-owned AI firm DeepMind shutters office in Canada’s Edmonton
(Reuters) - DeepMind Technologies, owned by Alphabet Inc, is closing its office in the Canadian city of Edmonton, a spokesperson for the AI firm said, just days after Google's parent announced it woul...
Jan 24, 2023
EU wants to cut red tape, costs to spur rollout of 5G – document
By Foo Yun Chee BRUSSELS (Reuters) - The European Commission wants to cut red tape and costs to help Deutsche Telekom, Orange, Telecom Italia and other telecoms operators roll out fast-speed 5G, accor...
Jan 24, 2023
