Tag Archives: technology
Xiaomi discontinues financial services business in India -TechCrunch
(Reuters) - Chinese smartphone maker Xiaomi Corp is winding down its financial services business in India, TechCrunch reported on Friday, citing sources familiar with the matter. The company recently ...
Syndicated Content Oct 28, 2022
After Musk takeover, India says it expects Twitter to comply with local rules
By Krishna N. Das NEW DELHI (Reuters) - Elon Musk's takeover of Twitter will not change India's expectation that it will comply with the country's rules for such companies, a government minister told ...
Syndicated Content Oct 28, 2022
Toyota supplier Denso posts 76% rise in Q2 profit
TOKYO (Reuters) - Denso Corp, Toyota Motor Corp's major supplier, reported a 76% rise in second-quarter operating profit on Friday, missing analysts' estimates. It posted 91.8 billion yen ($626.5 mill...
Syndicated Content Oct 27, 2022
Analysis-For Twitter boss Elon Musk, now comes the hard part
By Sheila Dang (Reuters) - Overspending on Twitter Inc for $44 billion was the easy part. Now, Telsa Inc Chief Executive Elon Musk must prove why he believes that Twitter is worth 10 times that amount...
Syndicated Content Oct 27, 2022
Elon Musk’s Twitter ownership begins with firings, uncertainty
(Corrects typo in headline) By Sheila Dang and Greg Roumeliotis (Reuters) - Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing l...
Syndicated Content Oct 27, 2022
In Europe, consumer businesses like Amazon face holiday reckoning
By Jeffrey Dastin (Reuters) - Amazon.com Inc, the global retailer whose results can represent a bellwether for the e-commerce industry, on Thursday signaled a pain point for sales this holiday season:...
Syndicated Content Oct 27, 2022
Tech giants feel pain as cloud spending cuts suggest slowdown
By Tiyashi Datta, Jane Lanhee Lee and Chavi Mehta (Reuters) - In a further sign that large companies may be girding against an imminent recession, U.S. tech giants Amazon.com, Microsoft and Intel said...
Syndicated Content Oct 27, 2022
Australia’s Nitro Software receives $A430 million takeover bid
By Scott Murdoch SYDNEY (Reuters) - Australian investment firm Potentia Capital Management has increased its offer for Nitro Software Ltd to $A1.80 per share, valuing the company at A$430 million, acc...
Syndicated Content Oct 27, 2022
Yellen touts U.S. battery investments in election battleground Ohio
By David Lawder CLEVELAND (Reuters) - U.S. Treasury Secretary Janet Yellen hailed the beginnings of a Midwest "Battery Belt" on Thursday as a result of the Biden administration's investments in clean ...
Syndicated Content Oct 27, 2022
Wall St loses over $200 billion in value after report from Amazon
By Noel Randewich and Lewis Krauskopf (Reuters) - Over $200 billion in U.S. stock market value went up in smoke in extended trade on Thursday, after a weak forecast from Amazon added to a string of do...
Syndicated Content Oct 27, 2022

