LONDON, May 4 (Reuters) – Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country’s counter-terror authorities show. Israel’s National Bureau… Continue reading Untitled
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May 4 (Reuters) – Apple Inc (AAPL.O) on Thursday reported quarterly revenue and profit above Wall Street’s expectations, with iPhone sales rising and wearables sales slipping less than analysts had feared despite a continuing slump in the consumer electronics market and a cloudy economic outlook. Apple said sales for its fiscal second quarter ended April… Continue reading Untitled
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Apple iPhone sales rise, pushing results above estimatesTechnologycategory · May 4, 2023 · 9:16 PM UTC · undefined ago Apple Inc on Thursday reported quarterly revenue and profit above Wall Street’s expectations, with iPhone sales rising and wearables sales slipping less than analysts had feared despite a continuing slump in the consumer electronics market and… Continue reading Technologycategory
Ferrari sees strong second quarter as Purosangue deliveries start
Summary Companies Shares hit new record high at 267.20 euros Adj. Q1 EBITDA rises to above forecast 537 mln euros Margin on adj. EBITDA up 200 bps to 37.6% Net revenue up 20% to 1.429 mln euros 3,567 cars shipped in Q1, +10% y/y MILAN, May 4 (Reuters) – Ferrari (RACE.MI) on Thursday produced a… Continue reading Ferrari sees strong second quarter as Purosangue deliveries start
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May 4 (Reuters) – Elon Musk’s brain-implant venture has filled an animal-research oversight board with company insiders who may stand to benefit financially as the firm reaches development goals, according to company documents and interviews with six current and former employees. Such oversight boards are required by federal law for organizations experimenting on certain types… Continue reading Untitled
Cash-strapped Lordstown may tap the brakes on Endurance production
May 4 (Reuters) – Lordstown Motors (RIDE.O) on Thursday reported a steep fall in its cash reserves and warned it might have to stop making its Endurance electric pickup truck in the near future unless it finds a partner. The cash-strapped EV maker had earlier this week said it might be forced to file for… Continue reading Cash-strapped Lordstown may tap the brakes on Endurance production
Volkswagen, Bosch give up joint venture plans for battery cells
May 4 (Reuters) – Volkswagen (VOWG_p.DE) and Bosch (ROBG.UL) have cancelled their plans to create a joint venture to equip battery cell factories, Bosch said on Thursday. “We are not setting up a joint venture,” Bosch Chief Executive Officer Stefan Hartung said, adding that the partnership with the German carmaker to digitise its battery factories… Continue reading Volkswagen, Bosch give up joint venture plans for battery cells
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May 4 (Reuters) – Qualcomm Inc’s (QCOM.O) shares sank nearly 8% premarket on Thursday after the chip designer signalled it would take longer for its crucial smartphone market to rebound from a post-pandemic slump. The company, which supplies to top handset makers Apple Inc (AAPL.O) and Samsung Electronics (005930.KS), was set to lose about $10… Continue reading Untitled
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WASHINGTON, May 4 (Reuters) – The White House will host CEOs of top artificial intelligence companies, including Alphabet Inc’s Google (GOOGL.O) and Microsoft (MSFT.O), on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally. Generative artificial intelligence has become a buzzword this year, with apps such as… Continue reading article with gallery