Uncategorized – Page 276 – I wish I had more to offer

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SHANGHAI, Feb 1 (Reuters) – Tesla (TSLA.O) plans to step up output at its Shanghai plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models, according to a planning memo seen by Reuters and a person with knowledge of the plan. The automaker plans to produce a… Continue reading Untitled

Technologycategory

Snap’s earnings may hold positive news for Meta, Google, article with gallery

Feb 1 (Reuters) – Snap Inc (SNAP.N) blamed a poor economy and increased competition for its ho-hum quarterly earnings, but a rise in the key ad metric could mean good news for Facebook owner Meta Platforms (META.O) and Alphabet (GOOGL.O), analysts said on Wednesday. Snap said its direct response business geared towards driving product sales… Continue reading Snap’s earnings may hold positive news for Meta, Google, article with gallery

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Investors go back to basics with simpler self-driving vehicles, article with gallery

COVENTRY, England, Feb 1 (Reuters) – Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. British AV software company Oxbotica, Sweden’s Einride, America’s… Continue reading Investors go back to basics with simpler self-driving vehicles, article with gallery

Intel slashes employee, exec pay amid PC market downturn, article with image

Jan 31 (Reuters) – Intel Corp (INTC.O) said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn. The reductions will range from 5% of base pay for… Continue reading Intel slashes employee, exec pay amid PC market downturn, article with image

Technologycategory

Tinder gets swiped left as Match’s forecast disappoints, article with image

Jan 31 (Reuters) – Match Group Inc (MTCH.O) on Tuesday forecast first-quarter revenue below expectations after Tinder, the face of online dating, became a sore point in 2022 and drove the company’s first ever quarterly decline. While a tough economy and a stronger dollar had also crimped its business, poor product execution at Tinder was… Continue reading Tinder gets swiped left as Match’s forecast disappoints, article with image