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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HALLE, Germany, Jan 19 (Reuters) – Tesla’s (TSLA.O) German Gruenheide plant still has some ramping up to do, the economy minister of the state the factory is located in said on Thursday, adding that production should be sped up somewhat to reduce customer waiting times. “That has to grow up a bit more,” Brandenburg’s Economy… Continue reading Untitled

Yum Brands says nearly 300 restaurants in UK impacted due to cyber attack, article with image

Jan 19 (Reuters) – Yum Brands Inc (YUM.N) said late on Wednesday a ransomware attack impacted certain information technology systems of the company which led to the closure of nearly 300 restaurants in the United Kingdom for a day. The company added all the stores were now operational and it had initiated response protocols detection… Continue reading Yum Brands says nearly 300 restaurants in UK impacted due to cyber attack, article with image

Davos 2023: Cowed crypto crowd feel winter freeze at WEF, article with gallery

DAVOS, Switzerland, Jan 19 (Reuters) – In the snow and ice on the main drag in Davos, the impact of the crypto winter is plain for WEF attendees to see. Last May, the dressed-up shop fronts that line both sides of the Promenade street running through the Swiss ski resort were dominated by crypto firms,… Continue reading Davos 2023: Cowed crypto crowd feel winter freeze at WEF, article with gallery

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SHENZHEN, China, Jan 19 (Reuters) – Christian Gassner, whose furniture components factory in the southern Chinese city of Shenzhen had a dismal end of 2022 amid COVID-19 outbreaks, is finally seeing light at the end of the tunnel. About two months ago, many workers quit to avoid potential lockdowns ahead of Lunar New Year, then… Continue reading Untitled

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HANOI, Jan 19 (Reuters) – Vietnam’s electric-vehicle (EV) maker VinFast said on Thursday it will launch promotions to protect the market competitiveness of its models, a week after Tesla (TSLA.O) announced aggressive discounting to spur demand. VinFast, which started operations in 2019, is gearing up to expand in the United States, where it hopes to… Continue reading Untitled

Big Tech braces for dismal profits, more job cuts, article with gallery

Jan 18 (Reuters) – Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big U.S. technology firms are expected to whittle away at their bloated workforce and costs through the next few months, reversing pandemic-era excesses, analysts said. Each of America’s five largest tech companies, though, are expected to… Continue reading Big Tech braces for dismal profits, more job cuts, article with gallery

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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Jan 18 (Reuters) – As Elon Musk prepares to take the stand at a trial to determine whether he misled investors about taking Tesla Inc (TSLA.O) private in 2018, the billionaire can expect his tweets, public comments and his thin skin to be used against him, legal experts said. Tesla shareholders want a jury to… Continue reading Untitled

Legalcategory

–    Katherine Forrest, a former federal judge and senior government antitrust lawyer, joined Paul, Weiss, Rifkind, Wharton & Garrison from Cravath, Swaine & Moore.  –    Constangy, Brooks, Smith & Prophete added 32 cybersecurity and data privacy lawyers from Lewis Brisbois Bisgaard & Smith.  –  DLA Piper hired Anthony Lombardi from New York-based firm… Continue reading Legalcategory