Tag Archives: technology
Weak Amazon outlook another blow to tech-type growth shares
(Reuters) - Amazon.com Inc shares skidded as much as 21% after hours on Thursday after it forecast costs might eviscerate its profit for the current quarter, as early holiday marketing does little to ...
Syndicated Content Oct 27, 2022
Apple revenue and profit top Wall Street targets but iPhones light
By Dawn Chmielewski and Nivedita Balu (Reuters) - Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, although iPhone sales were not as strong as some analysts had targe...
Syndicated Content Oct 27, 2022
Pinterest revenue growth slows to near two-year low as ad spending dries up
(Reuters) - Pinterest Inc posted its slowest quarterly revenue growth in nearly two years and turned a loss, the latest social media platform to fall victim to a slowdown in advertising spending by co...
Syndicated Content Oct 27, 2022
EU wants 40-man antitrust team to enforce new tech rules, official says
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are looking to establish a 40-man team and hire a technology expert to enforce tough new rules aimed at reining in the powers of Big Tech, ...
Syndicated Content Oct 27, 2022
TerraPower, PacifiCorp to study 5 more advanced nuclear reactors
WASHINGTON (Reuters) - TerraPower LLC, Bill Gates' advanced nuclear reactor company, and power company PacifiCorp said on Thursday they will undertake a study to evaluate deploying up to five addition...
Syndicated Content Oct 27, 2022
Interpol says metaverse opens up new world of cybercrime
By Dina Kartit and Elizabeth Howcroft LONDON (Reuters) - Global police agency Interpol said it was preparing for the risk that online immersive environments - the "metaverse" - could create new kinds ...
Syndicated Content Oct 27, 2022
Britain proposes regulation of all cryptoassets
LONDON (Reuters) - Britain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly p...
Syndicated Content Oct 27, 2022
Jury orders Ford to pay software company $105 million in trade secrets case
By Jonathan Stempel NEW YORK (Reuters) - A federal jury in Detroit ordered Ford Motor Co to pay Versata Software Inc $104.6 million in damages for breaching a 2004 licensing contract and misappropriat...
Syndicated Content Oct 27, 2022
IT head of India’s ruling party says he will sue news portal the Wire
NEW DELHI (Reuters) - The IT head of India's ruling party said on Thursday he will sue the Wire for damaging his reputation, weeks after the local media portal stated in a story it later retracted tha...
Syndicated Content Oct 27, 2022
U.S. OCC to establish office dedicated to financial technology in early 2023
(Reuters) - The U.S. Office of the Comptroller of the Currency will launch a division on financial technology early next year, the banking regulator said Thursday. The new office will build on the age...
Syndicated Content Oct 27, 2022

