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October 22, 2021

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Stellantis powers up electric plans with Samsung SDI U.S. deal

Reuters
A Stellantis sign is seen outside the company’s headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Follows similar deal with battery maker LGES JVs to provide up to 80 GWh annual battery capacity Stellantis aims for over 40% of U.S. sales from EVs Group targets global......

Intel shares sink as chipmaker predicts lower margins in years ahead

Reuters
Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song/Files Oct 21 (Reuters) – Intel Corp (INTC.O) on Thursday forecast lower profit margins for years to come as......

Samsung Electronics close to finalising $17 bln Texas chip plant -sources

Reuters
SEOUL/SAN FRANCISCO, Sept 29 (Reuters) – Samsung Electronics Co Ltd (005930.KS) is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told Reuters that it is continuing due diligence in......

ASML hikes financial forecasts, sees sales of $28-35 bln by 2025

Reuters
AMSTERDAM, Sept 29 (Reuters) – ASML Holding NV (ASML.AS), one of the key suppliers to computer chip makers, increased its financial forecasts on Wednesday and said it would have revenue growth of around 11% annually through 2030 amid booming demand for its products. In a pre-market statement, the company estimated......

Some Apple, Tesla suppliers suspend production in China amid power pinch

Reuters
Sept 27 (Reuters) – Several Apple Inc (AAPL.O) and Tesla Inc (TSLA.O) suppliers have suspended production at some Chinese factories for a number of days to comply with tighter energy consumption policies, putting supply chains at risk in the peak season for electronics goods. Two major Taiwanese chipmakers, however, said......

Google CEO sought to keep Incognito mode issues out of spotlight, lawsuit alleges

Reuters
Sept 24 (Reuters) – Google Chief Executive Sundar Pichai in 2019 was warned that describing the company’s Incognito browsing mode as “private” was problematic, yet it stayed the course because he did not want the feature “under the spotlight,” according to a new court filing. Google spokesman José Castañeda told......

Amazon launches service aggregating video streaming apps in India

Reuters
The logo of streaming service Amazon Prime Video is seen in this illustration picture taken March 5, 2021. REUTERS/Danish Siddiqui/File Photo NEW DELHI, Sept 24 (Reuters) – Amazon.com Inc (AMZN.O) launched in India on Friday eight global and local streaming services on its video platform, in a move aimed at......

White House prods companies on chips information request

Reuters
WASHINGTON, Sept 23 (Reuters) – The White House is pressing automakers, chip companies and others to cooperate in a bid for more information about the ongoing semiconductor crisis that has forced cuts to U.S. auto production, but made clear on Thursday that the industry needs to take the lead to......

Australia’s Commonwealth Bank mocks Apple’s ‘pro-competition’ claim

Reuters
A customer holds the iPhone X during the global launch of the new Apple product in central Sydney, Australia, November 3, 2017. REUTERS/David Gray Apple welcomes competition if no one competes with Apple – CBA CBA wants Apple to open its NFC chip for other mobile payments Regulator probing Apple’s......

Russian pro-Putin party wins majority after crackdown; foes cry foul

Reuters
Partial results suggest emphatic United Russia win Pre-vote crackdown crushed Kremlin critics Critics allege widespread fraud, authorities deny Watchdog recorded numerous violations MOSCOW, Sept 20 (Reuters) – Russia’s ruling United Russia party, which supports President Vladimir Putin, retained its parliamentary majority after an election and a sweeping crackdown on its......

Navalny allies accuse YouTube, Telegram of censorship in Russian election

Reuters
MOSCOW, Sept 18 (Reuters) – Jailed Kremlin critic Alexei Navalny’s allies accused YouTube and Telegram of censorship on Saturday after the video platform and messaging app restricted access to their anti-government voting recommendations for Russia’s parliamentary election. Navalny’s allies already accused Alphabet’s (GOOGL.O) Google and Apple of buckling under Kremlin......

Google, Apple remove Navalny app from stores as Russian elections begin

Reuters
The Russian opposition politician Alexei Navalny’s Smart Voting app is seen on a phone, in Moscow, Russia September 16, 2021. REUTERS/Shamil Zhumatov MOSCOW, Sept 17 (Reuters) – Alphabet’s Google (GOOGL.O) and Apple (AAPL.O) have removed jailed Kremlin critic Alexei Navalny’s tactical voting app from their stores, his team said on......

Banks beware, outsiders are cracking the code for finance

Reuters
Embedded finance investment jumps in 2021, data shows Buy now pay later deals take centre stage Fintech market valuations leapfrog banks LONDON, Sept 17 (Reuters) – Anyone can be a banker these days, you just need the right code. Global brands from Mercedes and Amazon (AMZN.O) to IKEA and Walmart......

FTC staff to present findings on Big Tech’s smaller acquisitions

Reuters
WASHINGTON, Sept 15 (Reuters) – Staff of the Federal Trade Commission will present their findings on Wednesday on business deals that tech platforms like Facebook (FB.O) and Alphabet’s (GOOGL.O) Google did that were sometimes too small to prompt antitrust review. The agency, which began holding open meetings after progressive Lina......

Apple unveils iPhone 13, adds new features to iPads, watches

Reuters
The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar Sept 14 (Reuters) – Apple Inc (AAPL.O) on Tuesday unveiled a new iPhone 13 and 13 Mini with brighter screens to entice customers......

S.Korea fines Google $177 mln for blocking Android customisation

Reuters
Google app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL, Sept 14 (Reuters) – A South Korea’s antitrust regulator has fined Alphabet Inc’s (GOOGL.O) Google 207 billion won ($176.64 million) for blocking customised versions of its Android operating system (OS), in the......

Factbox: What’s on tap at Apple’s ‘California streaming’ event? – Reuters

Reuters
Factbox: What’s on tap at Apple’s ‘California streaming’ event? Reuters Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

Cyber arms dealer exploits new iPhone software vulnerability, affecting most versions, say researchers

Reuters
Sept 13 (Reuters) – A cyber surveillance company based in Israel developed a tool to break into Apple (AAPL.O) iPhones with a never-before-seen technique that has been in use since at least February, internet security watchdog group Citizen Lab said on Monday. The discovery is important because of the critical......

Apple must ease App Store rules, U.S. judge orders, in a blow to iPhone maker

Reuters
3D printed Lady Justice figure is seen in front of displayed Apple and Epic Games logos in this illustration photo taken February 17, 2021. REUTERS/Dado Ruvic/Illustration/File Photo The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature......

Ford poaches Apple’s car project chief Doug Field

Reuters
Sept 7 (Reuters) – The head of Apple Inc’s(AAPL.O) car project, Doug Field, is going to work for Ford Motor Co(F.N)to lead the automaker’s advanced technology and embedded systems efforts, a hiring coup for Ford Chief Executive Jim Farley. Field most recently served as vice president of special projects at......

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