Page 4271 of 9001
Google was fined 15 million roubles ($164,000) on Tuesday for repeated refusal to store Russian users' data on servers inside Russia, a Moscow court said. Russia has repeatedly clashed with foreign technology companies over content, censorship, data and local representation in a simmering dispute that intensified after Moscow sent its armed forces into Ukraine in February 2022. Google's Russian subsidiary has been under pressure in Russia for failing to delete content Moscow deems illegal and for restricting access to some Russian media on YouTube...
Continue Reading
In 2016, Elon Musk stepped onstage to show us the home of the future. Tesla acquired Solarcity for $2.6bn in 2016. Marking the deal, a blog post on the Tesla website talked up the prospect of a rooftop solar panel “that looks better and is more durable than a normal roof, that can be easily customized to fit the unique needs of each house, and that will lower costs to the consumer.”...
Continue ReadingJapanese chip foundry venture Rapidus plans to open a sales office in the United States by the end of the financial year. Rapidus is led by veteran chip executives and hopes to manufacture cutting-edge chips by partnering with IBM and Belgium-based research organisation Imec. The company is targeting territory dominated by companies including Taiwan's TSMC and South Korea's Samsung Electronics, which have spent years building up their chipmaking operations...
Continue ReadingPayPal stock price declined by 11% in the last quarter, which provides even better buying opportunities. Learn why I conclude PYPL is still a Strong Buy...
Continue Reading
Tesla has nearly doubled its components imports from India, an official said. There are reports of a bigger India deal in the works...
Continue ReadingApple Inc supplier Foxconn reported on Tuesday a surprise 11% increase in third-quarter profit, boosted by strong demand for smart consumer electronics ahead of the year-end holiday shopping season in Western markets. The Taiwanese company, the world's largest contract electronics maker, said net profit for the July-September quarter rose to T$43.1 billion ($1.3 billion) from T$38.8 billion in the same period the previous year. Foxconn said revenue for the fourth quarter would slightly decline year on year, but did not give a reason and maintained its outlook for full-year revenue to also slightly decline...
Continue Reading(Bloomberg) -- Key iPhone assembler Hon Hai Precision Industry Co. reported stronger-than-expected profit, suggesting demand for Apple Inc.’s signature devices proved better than feared.Most Read from BloombergWall Street Divided Over Just How Aggressive Fed Cutting Will BeUBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are PricingBiden, Xi to Announce Deal for China to Crack Down on FentanylIsrael Latest: Biden Urges ‘Less Intrusive Action’ as Troops Close in on Gaza HospitalChin...
Continue ReadingWhich? surveyed thousands of shoppers to find out the best retailers for tech and home appliances...
Continue ReadingJackson Peak Capital, an investment management firm, released its third quarter 2023 investor letter, a copy of which can be downloaded here. Established in March 2023, the firm observed its second full quarter of investment activity during Q3 2023. Despite challenging market conditions, Jackson Peak excelled in Q3, achieving a robust return of +11.8%. The quarter […]...
Continue ReadingTesla plans to double its component imports from India, the country’s Trade Minister Piyush Goyal said in a post on social-media platform X...
Continue Reading