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Tesla slightly misses estimates on margin, sticks to production goal

[1/2]The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo Acquire Licensing Rights Oct 18 (Reuters) – Tesla’s (TSLA.O) third-quarter gross margin shrank from a year earlier, slightly missing Wall Street estimates, as the electric automaker slashed prices to boost demand in the face of… Continue reading Tesla slightly misses estimates on margin, sticks to production goal

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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A Netflix logo is seen on the day SAG-AFTRA members walk the picket line during their ongoing strike outside Netflix offices, in Los Angeles, California, U.S., October 17, 2023. REUTERS/Mario Anzuoni/ File Photo Acquire Licensing Rights LOS ANGELES, Oct 18 (Reuters) – Netflix (NFLX.O) raised subscription prices for some of its streaming plans in the… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Meta to roll out broadcast channels to Facebook, Messenger

People are seen behind a logo of Meta Platforms, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights Oct 18 (Reuters) – Meta Platforms (META.O) said on Wednesday it will roll out broadcast channels, a feature for public distribution of messages from individuals, to Facebook and Messenger. Social media firms… Continue reading Meta to roll out broadcast channels to Facebook, Messenger

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An expert at the Kosovo Forensic Agency inspects fake 2 euro coins, in Pristina, Kosovo, September 19, 2023. REUTERS/Laura Hasani/File photo Acquire Licensing Rights FRANKFURT, Oct 18 (Reuters) – The European Central Bank took a further step on Wednesday towards launching a digital version of the euro that would let people in the 20 countries… Continue reading Untitled

Ford reshuffles top management as UAW strike drags on

[1/2]Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay/File Photo Acquire Licensing Rights Oct 18 (Reuters) – Ford Motor Co (F.N) on Wednesday announced a management rejig, promoting combustion vehicle unit chief Kumar Galhotra to the position of chief operating officer, even as the ongoing… Continue reading Ford reshuffles top management as UAW strike drags on

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Summary Companies U.S. restrictions boost China’s semiconductor toolmakers Foundries opting for China-made equipment China technology improving faster than expected Lithography machines remain a pain point SINGAPORE/BEIJING, Oct 18 (Reuters) – As the U.S. tightens its restrictions on China’s semiconductor industry, Chinese manufacturers of tools used to make chips are benefiting, with orders from the country’s… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source