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Toshiba logs surprise quarterly operating loss on higher materials costs, article with image

The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan June 10, 2021. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 10 (Reuters) – Toshiba Corp (6502.T) on Wednesday posted an unexpected operating loss in the April-June first quarter as it grappled with a global chip… Continue reading Toshiba logs surprise quarterly operating loss on higher materials costs, article with image

U.S. game software developer Unity to set up China JV

BEIJING, Aug 9 (Reuters) – Unity Software Inc (U.N), the U.S. developer best known for software used to design video games, said on Tuesday it has signed a cooperation agreement to set up a joint venture valued at $1 billion in China. Partners including Alibaba Group Holding Ltd (9988.HK), China Mobile Ltd (0941.HK), Oppo and… Continue reading U.S. game software developer Unity to set up China JV

British EV firm Arrival to delay bus and car project trials to cut costs, Financial Times reports

Aug 5 (Reuters) – British electric vehicle start-up Arrival SA is delaying trials of its bus and car projects to cut costs and focus on the production of its debut van, the Financial Times reported, citing three people familiar with the matter. The company has paused its car project which might be revived once it… Continue reading British EV firm Arrival to delay bus and car project trials to cut costs, Financial Times reports

Lyft’s operating profit surges on rideshare demand, hiring slowdown, article with image

The Lyft Driver Hub is seen in Los Angeles, California, U.S., March 20, 2019. REUTERS/Lucy Nicholson/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Ride-hailing firm Lyft Inc (LYFT.O) on Thursday reported a record adjusted operating profit, benefiting from a surge in demand for rides and a dramatic slowdown… Continue reading Lyft’s operating profit surges on rideshare demand, hiring slowdown, article with image

PayPal shares jump after it reveals $2 bln stake held by Elliott, announces new CFO, article with image

The PayPal app logo seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – PayPal Holdings (PYPL.O) said on Tuesday Elliott Investment Management has an over $2 billion investment in the company, making the activist investor one of… Continue reading PayPal shares jump after it reveals $2 bln stake held by Elliott, announces new CFO, article with image

Italy’s communication authority fines Google over gambling advertising, article with image

A Google sign is seen during the WAIC (World Artificial Intelligence Conference) in Shanghai, China, September 17, 2018. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, Aug 2 (Reuters) – Italy’s communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet (GOOGL.O), 750,000 euros… Continue reading Italy’s communication authority fines Google over gambling advertising, article with image

TSMC shares fell as much as 2.98% ahead of possible Pelosi visit to Taiwan, article with image

Taiwan Semiconductor Manufacturing Company (TSMC) Fab 15B, one of the company’s four giga semiconductor fabrication plants, is pictured in Taichung, Taiwan, Sept. 2, 2021. REUTERS/Yimou Lee/File Photo Register now for FREE unlimited access to Reuters.com Register TAIPEI, Aug 2 (Reuters) – Shares of Taiwan chipmaker TSMC (2330.TW) fell as much as 2.98% on Tuesday, as… Continue reading TSMC shares fell as much as 2.98% ahead of possible Pelosi visit to Taiwan, article with image

(OFFICIAL) China grants licences to 69 online games

HONG KONG, Aug 1 (Reuters) – China’s gaming regulator on Monday granted publishing licences to 69 online games, including titles belonging to developers such as G-bits Network Technology Xiamen Co Ltd (603444.SS) and iDreamSky (1119.HK). Titles belonging to tech companies Tencent (0700.HK) and NetEase Inc (9999.HK) were not on the approved list published by the… Continue reading (OFFICIAL) China grants licences to 69 online games

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