Tuesday, July 27, 2021

Market Watch

Venture firm Atomico signs up ex-Uber and Google managers

LONDON (Reuters) - Atomico, which runs Europe’s largest independent venture fund, has hired former managers from Google and Uber to help drive international expansion...

Singapore proposes fines on Grab, Uber, says merger harms competition

By Aradhana Aravindan SINGAPORE (Reuters) - Singapore's anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition...

Reliance launches fiber broadband, after disrupting India’s telecoms market

By Promit Mukherjee and Sankalp Phartiyal Reliance Industries, which has upended India's telecoms sector with its cheap mobile data plans, launched its fiber broadband system...

Tesla’s all-nighter to hit production goal fails to convince Wall Street

Tesla Inc's <TSLA.O> burning the midnight oil to hit a long-elusive target of making 5,000 Model 3 vehicles per week failed to convince Wall...

Google delay on ads standard for EU privacy law creates compliance mess

By Paresh Dave Google's delayed entry into a consortium of advertising technology companies has spoiled the members' push to comply with a new European privacy law,...

Cryptocurrency exchange theft surges in first half of 2018

Theft of crypto currencies from exchanges soared in the first half of this year to three times the level seen for the whole of...

Facebook shares drop on report of widened probe on data scandal

Shares of Facebook Inc fell 2 percent on Tuesday, after a report that a federal probe on the data breach linked to Cambridge Analytica...

Tesla hits Model 3 production target, backs profit view

By Supantha Mukherjee Tesla Inc <TSLA.O> crossed its long-elusive target of producing 5,000 Model 3 cars in a week after several delays, and reaffirmed its...

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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