LONDON, April 27 (Reuters) – The boss of Britain’s antitrust regulator said blocking Microsoft’s acquisition of ‘Call of Duty’ maker Activision Blizzard was the right decision for the UK after both companies said it sent the wrong message to the global tech industry. The Competition and Markets Authority (CMA) blocked the deal on Wednesday, saying… Continue reading Untitled
Category: Uncategorized
Toyota supplier Denso posts 86% rise in Q4 profit
TOKYO, April 27 (Reuters) – Japan’s Denso Corp (6902.T), a leading supplier to Toyota Motor Corp (7203.T), reported an 86.3% rise in fourth quarter operating profit on Thursday, benefitting from stronger sales and weaker lockdown-induced headwinds. The company, a major manufacturer of automotive parts and chips, posted operating profit of 158.1 billion yen ($1.18 billion)… Continue reading Toyota supplier Denso posts 86% rise in Q4 profit
Untitled
SEOUL, April 27 (Reuters) – Samsung Electronics Co Ltd (005930.KS) reported a 95% plunge in first-quarter profit on Thursday as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting. The world’s top maker of memory chips and smartphones as of 2022 said operating profit fell to 640 billion won… Continue reading Untitled
Technologycategory
Atomera, STMicro sign deal to use new chipmaking material Atomera Inc , a Silicon Valley firm with a new material for improving semiconductors, on Wednesday said it has signed a deal with STMicroelectronics NV under which the European chipmaker could start using Atomera’s technology in production. Go to Source
KLA Corp forecasts upbeat fourth-quarter on robust demand for chip tools
April 26 (Reuters) – Chip tools maker KLA Corp (KLAC.O) forecast fourth-quarter revenue and profit above Wall Street expectations on Wednesday, riding on plans by chipmakers to expand production and build new factories in Europe and the United States. Shares of the Milpitas, California-based company rose 2.2% in trading after the bell. From chips used… Continue reading KLA Corp forecasts upbeat fourth-quarter on robust demand for chip tools
Technologycategory
Atomera, STMicro sign deal to use new chipmaking material Atomera Inc , a Silicon Valley firm with a new material for improving semiconductors, on Wednesday said it has signed a deal with STMicroelectronics NV under which the European chipmaker could start using Atomera’s technology in production. Go to Source
Elon, or deepfake? Musk must face questions on Autopilot statements
April 26 (Reuters) – A California judge on Wednesday tentatively ordered Tesla CEO Elon Musk to be interviewed under oath about whether he made certain statements regarding the safety and capabilities of the carmaker’s Autopilot features. The ruling came in a lawsuit filed by the family of Walter Huang against Tesla in Santa Clara Superior… Continue reading Elon, or deepfake? Musk must face questions on Autopilot statements
Untitled
LONDON, April 26 (Reuters) – Britain said it would block Microsoft’s (MSFT.O) $69 billion acquisition of “Call of Duty” maker Activision Blizzard (ATVI.O) over its concerns it would hinder competition in cloud gaming. The country’s antitrust regulator said Microsoft’s commitment to offer access to Activision’s multi-billion dollar “Call of Duty” franchise to leading cloud gaming… Continue reading Untitled
Smaller EV prices to come down as EV sales climb, IEA says
Nearly one in five cars sold in 2023 to be electric – IEA EVs could reduce oil demand by 5 million barrels daily by 2030 Large cars still dominate EV offering Two- or three-wheel EVs outnumber cars in emerging economies BERLIN, April 26 (Reuters) – Nearly one in five cars sold globally this year will… Continue reading Smaller EV prices to come down as EV sales climb, IEA says
VW’s Skoda aims for six electric vehicle models by 2026
PRAGUE, April 26 (Reuters) – Czech carmaker Skoda Auto, part of German group Volkswagen (VOWG_p.DE), wants to expand its electric vehicle range to six models by 2026, the company said, further boosting its ambitions in the shift to e-mobility. The company had previously aimed to launch three new electric models but said in a Tuesday… Continue reading VW’s Skoda aims for six electric vehicle models by 2026