Tag Archives: technology
Voucher group Edenred raises profit outlook again as inflation drives growth
(Reuters) - French vouchers and cards provider Edenred on Thursday hiked its target for 2022 core profit for the second time this year, citing strong growth momentum driven by inflation and increased ...
Oct 20, 2022
BE Semiconductor expects further drop in Q4 revenue
(Reuters) - Chipmaking equipment supplier BE Semiconductor (BESI) forecast on Thursday a fall in fourth-quarter revenue, hit by seasonal trends and weak market conditions. The maker of semiconductor a...
Oct 20, 2022
ABB reports better-than-expected Q3 operating profit
ZURICH (Reuters) -ABB reported better-than-expected core operating profit during its third quarter, with the engineering and technology company saying on Thursday it was seeing no changes in underlyin...
Oct 20, 2022
Nokia quarterly operating profit lags expectation
STOCKHOLM (Reuters) - Nokia on Thursday reported quarterly operating profit below market expectations even as the Finnish telecom equipment maker continues to benefit from strong demand from phone com...
Oct 20, 2022
After telco hack, Australia faces a wave of data breaches
By Byron Kaye SYDNEY (Reuters) - A data breach at Australia's second-largest telco may have raised the country's profile as a hacking target, cybersecurity experts said on Thursday, as federal police ...
Oct 19, 2022
Australia’s Medibank says it has been contacted by hackers
(Reuters) - Australia's Medibank Private Ltd said on Thursday it was contacted by a criminal group claiming to have stolen data, including names and phone numbers, among other details, of customers in...
Oct 19, 2022
Flying car by California startup Alef attracts early Tesla investor
By Paul Lienert (Reuters) - The concept of a flying car is not new - inventors have been trying to add wings to wheeled motor vehicles for decades, with only limited success. Jim Dukhovny, founder of ...
Oct 19, 2022
Musk says excited by Twitter deal despite overpaying
OAKLAND, Calif. (Reuters) - Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc, although he and other investors were overpaying for the social media company. Musk,...
Oct 19, 2022
Lam Research warns of up to $2.5 billion revenue hit from U.S. curbs on China exports
(Reuters) - Chip-making technology provider Lam Research Corp on Wednesday warned of a $2 billion to $2.5 billion revenue hit in 2023 from U.S. curbs on exports of high-end technology shipments to Chi...
Oct 19, 2022
IBM expects to exceed annual revenue target on resilient cloud momentum
By Chavi Mehta (Reuters) -IBM Corp beat quarterly revenue estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for its digital services helps cushion ...
Oct 19, 2022
