30.9 F
New York
November 30, 2021

ITSE1

Blue Prism shareholder Coast opposes Vista’s new takeover offer

Reuters
Nov 26 (Reuters) – Blue Prism (PRSMB.L) shareholder Coast Capital said on Friday it will not support private equity firm Vista Equity’s final takeover offer of 1.22 billion pounds ($1.62 billion) for the British software firm on grounds it undervalues the company. U.S.-based Coast, which owns around 2.8% of Blue......

Black Friday ‘early birds’ find U.S. stores less crowded, fewer bargains

Reuters
CHICAGO, Nov 26 (Reuters) – Bargain hunters ventured out in chilly weather to buy Christmas gifts on Black Friday, finding stores less crowded than in years past as major U.S. retailers opened their doors early. A shift online, COVID fears and less-steep discounts have thinned crowds on the day after......

EXCLUSIVE Major Toshiba shareholder objects to break-up, urges board to solicit offers

Reuters
The logo of Toshiba Corp. is seen next to a traffic signal atop of a building in Tokyo, Japan November 9, 2021. REUTERS/Issei Kato Register now for FREE unlimited access to reuters.com Register TOKYO, Nov 24 (Reuters) – Toshiba Corp’s (6502.T) second-largest shareholder on Wednesday objected to the Japanese conglomerate’s......

Starbucks links with Amazon Go for first cashier-less cafe

Reuters
NEW YORK, Nov 18 (Reuters) – Starbucks Corp’s (SBUX.O) newest cafe lacks one element most customers are used to seeing: cashiers. The global coffee chain on Thursday opened its first ever location in partnership with Amazon Go (AMZN.O), the e-commerce giant’s brick-and-mortar convenience store, where customers can sit at a......

Data analytics firm Palantir reports 36% jump in quarterly revenue

Reuters
The logo of U.S. software company Palantir Technologies is seen in Davos, Switzerland January 22, 2020. REUTERS/Arnd Wiegmann/File Photo Nov 9 (Reuters) – U.S. data analytics firm Palantir Technologies (PLTR.N) reported a 36% rise in third-quarter revenue on Tuesday as it landed more government contracts and commercial deals. Shares of......

Facebook will shut down facial recognition system

Reuters
A 3D printed Facebook’s new rebrand logo Meta and Facebook logo are seen in this illustration taken on November 2, 2021. REUTERS/Dado Ruvic/Illustration Nov 2 (Reuters) – Facebook Inc (FB.O) announced on Tuesday it is shutting down its facial recognition system, which automatically identifies users in photos and videos, citing......

EU tech rules should curb cloud computing providers, study says

Reuters
BRUSSELS, Oct 26 (Reuters) – Draft EU rules to curb the power of Amazon (AMZN.O), Apple (AAPL.O), Alphabet (GOOGL.O) unit Google and Facebook (FB.O) should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday. The report comes amid concerns that some EU lawmakers......

Hardware supply issues hurt TietoEvry’s sales, software grows

Reuters
Q3 sales grow 1% to EUR 648 mln, below estimates Adjusted EBITA beats expectations at EUR 94 mln Outlook for 2021 maintained Hardware sales hit by global chip shortage Profits helped by strong software businesses Oct 26 (Reuters) – Nordic digital services and software firm TietoEvry (TIETO.HE) reported quarterly revenue......

Wall St Week Ahead Tech giants’ earnings may be another test for markets at new highs

Reuters
People are seen on Wall Street outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo NEW YORK, Oct 22 (Reuters) – Investors are homing in on a flood of earnings reports from Wall Street’s tech and Internet giants, as the high-growth......

EXCLUSIVE Governments turn tables on ransomware gang REvil by pushing it offline -sources

Reuters
Oct 21 (Reuters) – The ransomware group REvil was itself hacked and forced offline this week by a multi-country operation, according to three private sector cyber experts working with the United States and one former official. Former partners and associates of the Russian-led criminal gang were responsible for a May......

Belarus forces kill IT worker in shootout, opposition says

Reuters
Sept 28 (Reuters) – Belarusian security forces shot dead a man and arrested his wife during a raid in an apartment block in Minsk on Tuesday, the KGB security service said. The man had opened fire against the security forces, one of whom also died, a statement said. Reuters could......

Amazon to start offering insurance to UK businesses -broker

Reuters
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo LONDON, Sept 27 (Reuters) – Amazon.com Inc (AMZN.O) is to start offering insurance to small and medium-sized UK business customers, the technology giant’s first foray into business insurance in......

Facebook says WSJ allegations are ‘mischaracterizations,’ confer ‘false motives’

Reuters
The logo of Facebook is seen in Davos, Switzerland Januar 20, 2020. Picture taken January 20, 2020. REUTERS/Arnd Wiegmann Sept 18 (Reuters) – Facebook Inc (FB.O) on Saturday slammed a Wall Street Journal series of articles about the social media company’s platform as containing “deliberate mischaracterizations” and said the articles......

Great Reboot: Germany’s auto show tries for more climate friendly image

Reuters
MUNICH, Sept 5 (Reuters) – Germany’s biggest motor show, taking place in Munich this week, is no longer just about cars. This year’s IAA show, the first major motor industry event worldwide since the COVID-19 pandemic, wants to be about mobility in general, from bikes to e-scooters to cars. “Climate-friendly......

U.S. companies lash out at Texas law changes, including abortion ban

Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. AUSTIN,......

Cyber threats top agenda at White House meeting with Big Tech, finance executives

Reuters
WASHINGTON, Aug 25 (Reuters) – The White House asked Big Tech, the finance industry and some infrastructure companies to do more to tackle the growing cybersecurity threat to the U.S. economy in a meeting with President Joe Biden and members of his Cabinet on Wednesday. “The federal government can’t meet......

White House to tackle cyber challenges with Apple, IBM, insurance CEOs

Reuters
WASHINGTON, Aug 24 (Reuters) – The White House is hosting an event on Wednesday that will bring together the largest U.S. technology companies for a discussion about cybersecurity challenges following a raft of high-profile hacking incidents earlier this year, people familiar with the event told Reuters. It comes as Congress......

For bank regulators, tech giants are now too big to fail

Reuters
Britain, France, United States and EU scrutinising sector Bank cloud tech spending to surge to $85bn by 2025 – IDC Bank regulators want more oversight of cloud risks LONDON, Aug 20 (Reuters) – More than a decade on from the financial crisis, regulators are spooked once again that some companies......

EXCLUSIVE China’s tech crackdown thwarts Pony.ai’s U.S. listing plans -sources

Reuters
Aug 11 (Reuters) – Autonomous driving startup Pony.ai has put on hold plans to go public in New York through a merger with a blank-check firm at a $12 billion valuation, after it failed to gain assurances from Beijing that it would not become a target of a crackdown against......

Websites of airlines, banks, tech companies back online after brief global outage

Reuters
July 22 (Reuters) – Several airlines, banks and technology websites were coming back online on Thursday afternoon after a brief outage, the third such widespread incident noted in just a span of two months, raising alarms across social media. Websites of Delta Air Lines (DAL.N), Costco Wholesale Corp (COST.O), American......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More