Uncategorized

Japan’s Panasonic sees 12 percent profit increase, driven by EV battery sales

TOKYO (Reuters) – Japanese electronics conglomerate Panasonic Corp said on Thursday it expects operating profit to increase 11.7 percent …read more Source: Reuters Tech News

Apple drops plans for data center in Ireland due to planning delays: RTE

DUBLIN (Reuters) – Apple will not proceed with a planned data center in Athenry, Ireland, because of delays in …read more Source: Reuters Tech News

Cyber security firm Avast down 3 percent in London debut

LONDON (Reuters) – Cyber security firm Avast was down almost 3 percent in its debut on Thursday compared to …read more Source: Reuters Tech News

BT to cut 13,000 jobs in biggest cull in a decade

LONDON (Reuters) – BT will cut 13,000 managerial and back-office jobs and move to a smaller London base in …read more Source: Reuters Tech News

Uber expands into Spanish tourist hotspot

BRUSSELS (Reuters) – Uber is expanding further into Spain by launching a multi-city ride-hailing service across the Costa del Sol …read more Source: Reuters Tech News

BT to cut 13,000 jobs and leave London HQ

LONDON (Reuters) – BT is cutting 13,000 managerial and back-office jobs and leaving its London headquarters in the latest …read more Source: Reuters Tech News

Samsung faces new pressure on group structure after criticism by antitrust head

SEOUL (Reuters) – South Korea’s biggest conglomerate, Samsung Group [SAGR.UL], came for fresh criticism about its ownership structure on Thursday, …read more Source: Reuters Tech News

Xerox board seeks better terms from Fujifilm, will resume talks

(Reuters) – Xerox Corp’s board said on Wednesday it intended to resume merger discussions with Fujifilm Holdings, seeking a superior …read more Source: Reuters Tech News

Samsung Group’s ownership structure unsustainable: South Korea antitrust chief

SEOUL (Reuters) – South Korea’s antitrust chief said on Thursday that South Korea’s No. 1 conglomerate Samsung Group’s [SAGR.UL] current …read more Source: Reuters Tech News

U.S. drone program taps Apple, passes over Amazon, China’s DJI

WASHINGTON/SAN FRANCISCO (Reuters) – Apple Inc soon will be capturing images of North Carolina by drone; a 1,500-pound, unmanned aircraft …read more Source: Reuters Tech News