World

Apple to shake up international businesses’ management to focus on…

Posted by March 8, 2023

March 8 (Reuters) - Apple Inc (AAPL.O) is reshuffling management of its international businesses to put a bigger focus on India, Bloomberg News reported on Wedn

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Ericsson CEO targets smaller acquisitions, talks up enterprise offering

Posted by February 27, 2023

BARCELONA, Feb 27 (Reuters) - Ericsson's (ERICb.ST) CEO says the company is still in the market for more acquisitions, albeit smaller ones, after splurging over

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Wall Street posts worst day of 2023 on higher-for-longer rate…

Posted by February 21, 2023

Biggest daily falls on Wall St since Dec. 15Home Depot falls as FY profit forecast disappointsBig tech stocks hit in widespread declineU.S. business activity ex

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Tech trillion club’s wobble in four charts

Posted by February 3, 2023

Feb 3 (Reuters) - Disappointing earnings from Apple Inc (AAPL.O), Alphabet Inc (GOOGL.O) and Amazon.com (AMZN.O) on Thursday renewed concerns of a slowdown in d

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Analysis: From Meta to Microsoft, AI’s big moment is here

Posted by February 3, 2023

Feb 3 (Reuters) - Big Tech companies have a new obsession: artificial intelligence.This week, chief executives across the sector packed earnings calls with ment

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Tech earnings hit pause button on market rally

Posted by February 3, 2023

Feb 3 (Reuters) - Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast.Apple Inc (AAPL.O), Go

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Apple supplier Foxconn replaces iPhone business chief- Bloomberg News

Posted by January 17, 2023

Jan 17 (Reuters) - Taiwan's Foxconn (2317.TW) has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bl

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TSMC cuts 2023 capex after record Q4 as chip demand…

Posted by January 12, 2023

Q4 profit T$295.9 bln vs T$289.44 bln analyst viewQ4 revenue up 26.7% on year at $19.93 blnSees 2023 capex at $32-36 bln vs $36.3 bln year priorCompany plans to

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TSMC starts volume production of most advanced chips in Taiwan

Posted by December 29, 2022

TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)(2330.TW), began mass production of its most advanced chips in

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AO World bets on soccer World Cup to spur TV…

Posted by November 22, 2022

Sees FY profit at top end of previously guided rangeShares jump about 12%; on track for best day in 4 monthsHalf-year adjusted core profit down 11% to 9 mln pou

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