Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Southeast Asia internet economy forecast cut on economic headwinds
By Chen Lin SINGAPORE (Reuters) - Southeast Asia's internet economy is expected to be worth $330 billion by 2025, though this a downgrade from a previous forecast due to economic uncertainty and more ...
Oct 27, 2022
China’s digital yuan stands out in cross-border pilot in a show of global ambition
By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI (Reuters) - China's digital yuan took the centre stage in the world's largest cross-border central bank digital currency (CBDC) trial to date, a repo...
Oct 27, 2022
China’s Huawei slows its long decline under U.S. sanctions as revenues improve
By David Kirton SHENZHEN, China (Reuters) - China's Huawei Technologies reported modest revenue growth for a second quarter on Thursday, citing steady growth in its ICT infrastructure business as it f...
Oct 27, 2022
U.S. chipmaker Marvell cutting some R&D roles in China – statement
By Josh Horwitz SHANGHAI (Reuters) - Santa Clara, California-based chip designer Marvell Technology Group Ltd is eliminating some roles in China as part of a realignment of its global research and dev...
Oct 27, 2022
Twitter shares to be suspended on NYSE as Musk nears takeover
(Reuters) - Twitter Inc shares will be suspended from trading on Friday, the New York Stock Exchange's website showed, as billionaire Elon Musk faces a court-ordered Oct. 28 deadline to close his $44 ...
Oct 27, 2022
Down on chips, Toyota goes back to basics with car keys
TOKYO (Reuters) - Toyota Motor Corp has discovered that even keys can be too "smart" for their own good. The world's top-selling carmaker said on Thursday it would replace one of the two electronic "s...
Oct 27, 2022
STMicro’s Q3 sales, gross margin beat market expectations
PARIS (Reuters) - Franco-Italian chipmaker STMicroelectronics reported third-quarter sales and gross margin that beat market expectations, with demand rising across all its product lines. Net revenues...
Oct 27, 2022
Telenet’s quarterly core earnings miss estimates
(Reuters) - Belgian telecoms company Telenet on Thursday reported third-quarter core earnings below expectations, citing the impact of inflation, high energy prices, and tower-related lease payments. ...
Oct 27, 2022
Smartphone shipments in China fall 11% y-o-y in q3 2022 -Canalys
SHANGHAI (Reuters) - Smartphone shipments in China fell 11% year-on-year in Q3 2022, with privately-owned Vivo taking the top spot, research firm Canalys reported on Thursday. Apple Inc grew shipments...
Oct 26, 2022
Investors punish Zuckerberg as costly metaverse pitch falls flat
By Chavi Mehta and Katie Paul (Reuters) - Wall Street is losing patience over Meta boss Mark Zuckerberg's enormous and experimental bets on his metaverse project that helped drive up the company's ove...
Oct 26, 2022
