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NEW DELHI, May 10 (Reuters) – U.S. tech giant Cisco Systems (CSCO.O) will set up a manufacturing facility in India as it aims to diversify its global supply chain, Chief Executive Officer Chuck Robbins said on Wednesday. Cisco, which sells a range of networking equipment and software to connect devices to the internet, in next… Continue reading Untitled

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UK’s Smiths Group names Alcoa’s Williams as next chair British industrial technology company Smiths Group Plc on Wednesday named Steve Williams as its next chairman to succeed George Buckley, who is retiring at the end of the company’s annual general meeting in November. Go to Source

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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

Austria to join countries banning TikTok from government phones

VIENNA, May 10 (Reuters) – Austria will join the growing list of countries banning Chinese-owned video-sharing app TikTok from government employees’ work phones, Interior Minister Gerhard Karner said on Wednesday. Various Western countries including Britain, the United States and several other European Union member states have already barred TikTok over security concerns. The EU’s two… Continue reading Austria to join countries banning TikTok from government phones

Toyota targets 10% profit jump, robust EV sales as chip woes recede

[1/3] Photo d’archives du logo de Toyota. /Photo prise le 5 avril 2023 à New York, Etats-Unis/REUTERS/Andrew Kelly Summary Companies Expects full-year operating profit to climb to $22.2 bln Targets 10.1 mln vehicle production in new FY, up 11% Y/Y Q4 profit jumps 35%, beats forecasts; record annual revenue Shares close up 0.8% after rising… Continue reading Toyota targets 10% profit jump, robust EV sales as chip woes recede

Silver Lake reiterates offer in battle for Software AG takeover

BERLIN, May 10 (Reuters) – Silver Lake appeared unshaken in the battle to acquire Software AG (SOWGn.DE) on Wednesday, reiterating in a statement its offer of 32 euros ($35.23) per share for the German company. Rival Bain Capital via its portfolio firm Rocket Software has offered up to 36 euros per share for Software AG.… Continue reading Silver Lake reiterates offer in battle for Software AG takeover

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May 9 (Reuters) – Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the platform. Last year, Musk flagged plans for “Twitter 2.0 The Everything App”, which he said would have features such as encrypted direct messages (DMs), longform tweets and payments. “Coming… Continue reading Untitled

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BRUSSELS, May 9 (Reuters) – Amazon (AMZN.O), Alphabet’s (GOOGL.O) Google, Microsoft (MSFT.O) and other non-European Union cloud service providers looking to secure an EU cybersecurity label to handle sensitive data can only do so via a joint venture with an EU-based company, according to an EU draft document seen by Reuters. U.S. tech giants and… 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

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May 9 (Reuters) – Videogame publisher Electronic Arts Inc (EA.O) beat fourth-quarter booking estimates on Tuesday as the latest installments in its “FIFA” and “Madden NFL” series kept gamer interest strong. The company’s shares rose 3.5% in trading after the bell. Elevated levels of inflation have forced gamers to get picky with the titles they… Continue reading Untitled