Tag Archives: technology
Musk tells Twitter staff: opt in for ‘hardcore’ or take severance
By Hyunjoo Jin and Fanny Potkin (Reuters) - Elon Musk sent a message to Twitter staff telling them that they had until Thursday to consider whether they wanted to stay on for "working long hours at hi...
Syndicated Content Nov 16, 2022
Trump-tied stocks jump as former president launches 2024 White House bid
By Shreyashi Sanyal (Reuters) - Shares of companies tied to former U.S. President Donald Trump jumped on Wednesday after he launched a bid to regain the presidency in 2024. Aiming to preempt potential...
Syndicated Content Nov 16, 2022
Chinese authorities call on retired soldiers to help Foxconn iPhone plant -SSN
SHANGHAI (Reuters) - Local authorities in China's Henan province are urging retired soldiers and government workers to take on stints at Foxconn's iPhone factory in Zhengzhou, the official Shanghai Se...
Syndicated Content Nov 16, 2022
Mercedes-Benz cuts price of some electric models in China
BEIJING/FRANKFURT (Reuters) - Mercedes-Benz said it had cut prices on some of its EQE and EQS models in China from Wednesday, citing changing market demand for top-end electric vehicles. Foreign carma...
Syndicated Content Nov 16, 2022
Amid Twitter turmoil, Musk takes stand in $56 billion Tesla pay trial
By Tom Hals WILMINGTON, Del (Reuters) - Elon Musk, known for his combative testimony, is set to take the stand in a Delaware court on Wednesday to defend against claims that his $56 billion Tesla Inc ...
Syndicated Content Nov 16, 2022
Bank-fintech ventures benefit consumers, enhance competition: U.S. Treasury
By Hannah Lang WASHINGTON (Reuters) - Partnerships between banks and financial technology companies are a net-positive for consumers when done responsibly, the Treasury Department will say in a report...
Syndicated Content Nov 16, 2022
Micron launches mass output of advanced chip in Japan
TOKYO (Reuters) - Memory chip maker Micron Technology on Wednesday kicked off mass production of its new high-capacity low-power 1-beta dynamic random access memory (DRAM) chips at its plant in Hirosh...
Syndicated Content Nov 16, 2022
Tencent posts Q3 revenue drop as China’s economic slowdown and crackdown bite
By Josh Ye HONG KONG (Reuters) - Tencent Holdings on Wednesday reported a second straight quarterly revenue drop, as China's economic slowdown and regulatory crackdown hit its ad and gaming businesses...
Syndicated Content Nov 16, 2022
Amazon’s cloud computing unit plans to invest 2.5 billion euros in Spain, to support 1,300 jobs
MADRID (Reuters) - Amazon's cloud computing unit AWS plans to invest 2.5 billion euros ($2.60 billion) in Spain over the coming 10 years, supporting 1,300 full-time jobs in the country, the U.S.-based...
Syndicated Content Nov 16, 2022
Binance CEO Zhao: significant interest in crypto industry recovery fund
ABU DHABI (Reuters) - Binance chief executive Changpeng Zhao said on Wednesday there was significant interest from industry players in a recovery fund his company plans to launch to help crypto projec...
Syndicated Content Nov 16, 2022

