Tag Archives: technology
Analysis-FTX debacle sparks investor rethink of battered crypto market
By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - With major cryptocurrency exchange FTX on the brink of collapse, some investors are beginning to question the viability o...
Nov 10, 2022
India’s Zomato posts smaller quarterly net loss as online orders jump
BENGALURU (Reuters) - Indian food delivery firm Zomato Ltd reported a smaller second-quarter loss on Thursday, helped by a sustained rise in online ordering. Consolidated net loss for the three months...
Nov 10, 2022
SMIC reports 35% rise in Q3 revenue, lifts capital expenditure plan
SHANGHAI (Reuters) - Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) saw revenue rise 34.7% year-on-year to $1.91 billion in the third quarter, according to a market filing ...
Nov 10, 2022
South African pay TV group Multichoice posts loss in first half
JOHANNESBURG (Reuters) - South African pay TV company Multichoice Group said on Thursday it made a loss in the first half due to an upfront investment in services and offerings it made before the socc...
Nov 10, 2022
FTX suspends onboarding of new clients
(Reuters) - FTX has suspended onboarding of all new clients until further notice, according to the cryptocurrency exchange's website on Thursday. (Reporting by Niket Nishant in Bengaluru; Editing by A...
Nov 10, 2022
Egyptian startup Blnk raises $32 million in funding round
By Mahmoud Salama CAIRO (Reuters) - Blnk, a fintech platform that enables instant consumer credit in Egypt, has closed one of the country's biggest funding rounds for a startup this year, raising $32 ...
Nov 10, 2022
Musk’s first email to Twitter staff ends remote work -Bloomberg
(Reuters) - Twitter-owner Elon Musk said in an email to employees that remote work would no longer be allowed and that they would be expected to be in office for at least 40 hours per week, Bloomberg ...
Nov 10, 2022
NTT, Kioxia to invest in new Japan-backed logic semiconductor firm – TV Tokyo
TOKYO (Reuters) - Japanese firms including Nippon Telegraph and Telephone Corp and Kioxia Holdings Corp have decided to invest in a new government-backed company that aims to mass-produce next-generat...
Nov 10, 2022
Bosch CEO: Inflation to weigh on margin but could ease chip shortage
BERLIN (Reuters) - Bosch, which supplies industries from consumer electronics to autos, sees a possible easing of the global chip shortage in the second half of 2023 if demand dips under the weight of...
Nov 10, 2022
Indonesia plans to tighten oversight of crypto market, task OJK with regulation
JAKARTA (Reuters) - Indonesia plans to move the regulation, supervision and oversight of cryptocurrency investments to the Financial Service Authority (OJK) to better protect investors, its finance mi...
Nov 10, 2022
