Tag Archives: technology
Alibaba sells Paytm stake worth $125 million via block deal – source
BENGALURU (Reuters) - China's Alibaba Group sold a 3.1% stake in Indian digital payments firm Paytm worth $125 million through a block deal on Thursday, a source with direct knowledge of the matter to...
Syndicated Content Jan 12, 2023
Ethio Telecom revenues up 20%; financial subscribers grow
ADDIS ABABA (Reuters) - Ethiopia's state-owned telecoms company Ethio Telecom said on Thursday that its half-year revenues rose 20% to 33.8 billion birr ($632.99 million). Subscribers to Ethio Telecom...
Syndicated Content Jan 12, 2023
Google, Porsche in talks over Google Apps access – Manager Magazin
BERLIN (Reuters) -Google and Porsche are in talks over a possible deal to allow Google Apps to be used in Porsche cockpits, German business magazine Manager Magazin reported on Thursday, citing manage...
Syndicated Content Jan 12, 2023
Factbox-India’s antitrust directives on Android that have spooked Google
By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - Google has been jolted after the Indian antitrust authority sought changes to how it markets its Android system, which powers 97% of smartpho...
Syndicated Content Jan 12, 2023
Ubisoft shares slump 19% after French video game maker cuts revenue guidance
PARIS (Reuters) - Shares in Ubisoft fell 19% on Thursday after the French video game maker warned of lower-than-expected revenue and postponed the release of its game "Skull and Bones", prompting some...
Syndicated Content Jan 12, 2023
Logitech announces preliminary third quarter fiscal year 2023 results
ZURICH (Reuters) - Logitech announced on Thursday that its preliminary net sales for the third quarter are between $1.26 billion and $1.27 billion, down 22% compared with the same quarter a year earli...
Syndicated Content Jan 12, 2023
Airlines expect U.S. operations to rebound on Thursday as FAA investigates outage
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) - U.S. airlines said they expect operations to return to normal on Thursday as the Federal Aviation Administration (FAA) scrambl...
Syndicated Content Jan 12, 2023
TSMC Q4 profit up 78%, beats market expectations
TAIPEI (Reuters) - Taiwanese chipmaker TSMC posted a 78% rise in fourth-quarter net profit on Thursday, as strong sales of advanced chips helped it defy a broader industry downturn that battered cheap...
Syndicated Content Jan 11, 2023
FAA has struggled to modernize computer, air traffic operations
By David Shepardson WASHINGTON (Reuters) - The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday, is not the first such issue to hinder Federa...
Syndicated Content Jan 11, 2023
Saudi Arabia’s wealth fund raises Nintendo stake to 6%
TOKYO (Reuters) - Saudi Arabia's Public Investment Fund (PIF) has increased its stake in Japan's Nintendo Co Ltd to 6%, a filing showed on Thursday, reflecting the sovereign wealth fund's growing expo...
Syndicated Content Jan 11, 2023

