Sunday, May 9, 2021

Market Watch

China’s ZTE clears hurdle to lifting U.S. ban

By Karen Freifeld (Reuters) - The United States said on Wednesday that it signed an agreement with ZTE Corp that paves the way for the...

AT&T to sell Magic Leap’s augmented reality gadget in U.S.

(Reuters) - AT&T Inc has partnered with Magic Leap Inc, a secretive augmented reality startup backed by tech giants Google and Alibaba, to exclusively sell its...

OTE starts Greece’s first fiber-to-the-home for ultra-fast broadband

Greece's biggest telecom operator OTE Group flicked the switch on the first "fiber-to-the-home" ultra-fast internet connection on Tuesday which will help the country make...

Russia’s telecoms security push hits snag – it needs foreign help

By Maria Kolomychenko and Polina Nikolskaya MOSCOW (Reuters) - Russian telecoms operators will have to use foreign technology to comply with a law on storing...

Xiaomi’s weak debut signals trouble for upcoming Hong Kong tech listings

By Julie Zhu HONG KONG (Reuters) - Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker's shares sliding...

Citigroup, with limited options, hopes to lure deposits digitally

By David Henry Citigroup Inc <C.N> is facing a unique dilemma among the four largest U.S. banks: it is light on deposits from individuals, an...

BMW, Daimler, telcos in push to get EU adopt connected car standard

By Foo Yun Chee BRUSSELS (Reuters) - BMW, Daimler, Deutsche Telekom and Ericsson have urged the European Commission to back a technology for connected cars they...

Google retires DoubleClick, AdWords brand names

By Paresh Dave Alphabet Inc's <GOOGL.O> Google announced on Wednesday the biggest-ever rebranding of its advertising software, retiring the DoubleClick and AdWords brands to streamline...

Latest news

Ford and Stellantis warn auto chip shortage could last until 2022

Ford and Stellantis recently warned that the global chip shortage could persist into 2022. The automakers also revealed how the...

SK Hynix improves Q1 operating profit by 66 percent due to consumer products demand

SK Hynix grew its first-quarter operating profit by 66 percent year-over-year thanks to strong demand for new PCs and...

Apple expects semiconductor shortage to cut Q2 revenue by up to $4 billion

Apple reported that its revenue expanded by 54 percent year-over-year during the fiscal second quarter recently. That income spike,...

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