FILE PHOTO: The logo of semiconductor manufacturer Infineon is seen at its Austrian headquarters in Villach, Austria, June 3, 2018. REUTERS/Lisi Niesner BERLIN (Reuters) – German chipmaker Infineon Technologies raised about 1.06 billion euros ($1.16 billion) by issuing new shares to partially finance its $10 billion acquisition of U.S.-based Cypress Semiconductor, it said on Tuesday.
Technology
FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez/File Photo BENGALURU (Reuters) – Uber Technologies Inc will cut around 600 jobs in India as part of its plans to lay off 23% of its global workforce, as the company navigates a lockdown that has brought businesses in
FILE PHOTO: A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/File Photo RIGA (Reuters) – Latvia aims to become one of the first countries to launch a smartphone app using a new toolkit created by U.S. tech giants Apple and Alphabet’s Google to help
FILE PHOTO: Satellite tv antennas are seen in the low-income neighbourhood Catia after AT&T Inc said on Tuesday it has closed its DirecTV Latin America operations in Venezuela, in Caracas, Venezuela May 19, 2020. REUTERS/Manaure Quintero CARACAS (Reuters) – Venezuela’s Supreme Court on Friday ordered pay television service DirecTV to restore services in the South
NEW DELHI (Reuters) – Reliance Industries Ltd (RELI.NS) has launched an online grocery service, JioMart, the head of its grocery retail business said, in a move aimed at rivalling Amazon.com’s (AMZN.O) local unit and Walmart Inc’s (WMT.N) Flipkart in the huge Indian market. FILE PHOTO: A woman checks her mobile phone as she walks past
(Reuters) – Prime Minister Boris Johnson is planning to reduce Chinese telecoms equipment maker Huawei Technologies Co Ltd’s involvement in Britain’s 5G network in the wake of the coronavirus crisis, the Daily Telegraph newspaper reported bit.ly/2zmI2DE. FILE PHOTO: The British flag and a smartphone with a Huawei and 5G network logo are seen on a
FILE PHOTO: The Federal Communications Commission (FCC) logo is seen in Washington February 26, 2015. REUTERS/Yuri Gripas/File Photo WASHINGTON (Reuters) – A group of U.S. agencies on Friday asked the Federal Communications Commission (FCC) to reconsider its unanimous April 22 decision to allow Ligado Networks [MOSAV.UL] to deploy a low-power nationwide mobile broadband network, saying
NEW YORK (Reuters) – An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber’s favor because he was scared. FILE PHOTO: The Uber logo is displayed on a mobile phone in this picture illustration taken
SAN FRANCISCO (Reuters) – With Facebook’s adoption of permanent remote work on Thursday, Chief Executive Mark Zuckerberg has untethered one of Silicon Valley’s biggest companies from the place that incubated it. FILE PHOTO: A Facebook logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo But he also dashed
SHANGHAI (Reuters) – The latest U.S. government action against China’s Huawei takes direct aim the company’s HiSilicon chip division—a business that in a few short years has become central to China’s ambitions in semiconductor technology but will now lose access to tools that are central to its success. FILE PHOTO: The U.S. flag and a
WASHINGTON (Reuters) – Warehouse employees last month staged a walkout in Michigan to demand safer working conditions at their facility. So did workers in New York, Illinois and Minnesota. FILE PHOTO: Amazon logo is seen in front of displayed coronavirus disease (COVID-19) in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/Illustration/File Photo These and other
WASHINGTON (Reuters) – U.S. regulators are open to making changes to close what some see as a loophole in a new rule aimed at curbing global chip sales to blacklisted Chinese telecoms equipment maker Huawei Technologies Ltd, two U.S. officials said on Wednesday. People wearing face masks walk past a Huawei store at a shopping
Your declaration of a State of Emergency for the COVID-19 diagnosis criteria for a series of pneumonia and influenza related symptoms and the allegations of the existence of a “novel coronavirus” is based on assumptions that are false. 1. According to the International Committee on Taxonomy of Viruses’ (ICTV) Coronaviridae Study Group (CSG) publication on March 2,
FILE PHOTO: People walk past a Xiaomi store in Shenyang, Liaoning province, China June 12, 2018. Picture taken June 12, 2018. REUTERS/Stringer SHANGHAI (Reuters) – Xiaomi Corp reported a 13.6% rise in first-quarter revenue on Wednesday, beating estimates even as demand for its smartphones plunged amid the coronavirus pandemic that has also rattled supply chains
ZURICH (Reuters) – Sunrise Communications Group and French billionaire Xavier Niel’s Salt Mobile launched a broadband joint venture on Tuesday targeting 1.5 million Swiss households, a new challenge to the country’s largest telecoms provider, Swisscom’s. FILE PHOTO: Internet LAN cables are pictured in this photo illustration taken in Sydney June 23, 2011. REUTERS/Tim Wimborne/File Photo
(Reuters) – Chinese search engine giant Baidu Inc forecast second-quarter revenue above expectations on Monday, as businesses reopen in the world’s second-largest economy after strict lockdowns to curb the spread of the coronavirus. A logo of Baidu is seen at the company’s headquarters in Beijing, following the novel coronavirus disease (COVID-19) outbreak, China May 18,