Tag Archives: technology
British fintech Revolut revenue jumps, profit tumbles in 2022
By Elizabeth Howcroft and Andres Gonzalez LONDON (Reuters) -Fintech Revolut's revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell ...
Dec 22, 2023
China’s BYD to build new energy vehicle production base in Hungary
BEIJING (Reuters) -Chinese electric vehicle giant BYD is to build a new energy vehicle production base in Hungary, it said on Friday. The new facility to be built in Szeged, southern Hungary is expect...
Dec 22, 2023
Toshiba sees power chips as immediate growth driver after $14 billion buyout
TOKYO (Reuters) - Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as the Japanese indust...
Dec 22, 2023
India boosts AI in weather forecasts as floods, droughts increase
By Kanjyik Ghosh MUMBAI (Reuters) - India is testing artificial intelligence (AI) to build climate models to improve weather forecasting as torrential rains, floods and droughts proliferate across the...
Dec 22, 2023
China issues rules to curb gaming spend; Tencent, NetEase plunge
HONG KONG (Reuters) -Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world's biggest games market, ...
Dec 22, 2023
US investors see value in Israeli tech firms despite war
By Steven Scheer HERZLIYA, Israel (Reuters) - Nearly 7,000 miles away in Portland, Oregon, venture capitalist George Djuric said he was compelled to visit Israel during the country's war with Palestin...
Dec 22, 2023
EU Commission examines Italy’s tax case against Meta – sources
By Emilio Parodi MILAN (Reuters) - An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission's VAT committee for evaluation, three sources with direct knowledge of the ...
Dec 22, 2023
Tesla launches Shanghai megapack battery project – Chinese state media
BEIJING (Reuters) - Tesla on Friday launched its new megapack battery manufacturing project in Shanghai, according to Chinese state media. A signing ceremony for land acquisition of the project, capab...
Dec 21, 2023
Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) - The angular, polarizing design of the Cybertruck will help boost the Tesla brand, the electric vehicle maker's chief designer said on Thursday,...
Dec 21, 2023
Apple cannot repair older out-of-warranty watches during ban – Bloomberg News
(Reuters) -Apple customer service teams were informed in a company memo this week that it will no longer replace out-of-warranty models going back to Apple Watch Series 6, Bloomberg News reported on T...
Dec 21, 2023
