Tech
Dell to lay off 5% of workforce amid PC slump
(Reuters) – Dell Technologies Inc said on Monday it would lay off about 5% of its workforce as it struggles with a…
Tech
FTX judge weighs demand for independent bankruptcy investigation
By Dietrich Knauth (Reuters) – A U.S. bankruptcy judge at a court hearing in Delaware will consider on Monday whether to greenlight…
Tech
UK watchdog warns crypto firms to prepare for advertising rule change
LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising later in the…
Tech
Italy warns hackers targeting known server vulnerability
ROME (Reuters) -Thousands of computer servers around the world have been targeted by a ransomware hacking attack targeting VMware ESXi servers, Italy’s…
Tech
Tesla’s Elon Musk found not liable in trial over 2018 ‘funding secured’ tweets
By Jody Godoy and Hyunjoo Jin SAN FRANCISCO (Reuters) -A U.S. jury on Friday found Tesla Inc CEO Elon Musk and his…
Tech
Securities fraud trial over Elon Musk’s 2018 tweets draws to a close
By Jody Godoy (Reuters) – A lawyer for Tesla Inc shareholders who claim Elon Musk deceived them when he tweeted that he…
Tech
TomTom sees further revenue growth in 2023, shares rally 8%
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom said on Friday it expected revenue growth to continue in 2023,…
Tech
Sony lifts outlook closer to record level, raises PS5 sales target
By Kiyoshi Takenaka TOKYO (Reuters) -Sony Group Corp has nudged up its annual profit forecast, helped by a strong showing for its…
Tech
As Tesla ignites an EV price war, suppliers brace for Musk seeking givebacks
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Inc suppliers are bracing for pressure from Chief Executive Elon Musk and his team to…
Tech
U.S. investors have plowed billions into China’s AI sector, report shows
By Alexandra Alper WASHINGTON (Reuters) – U.S. investors including the investment arms of Intel Corp and Qualcomm Inc accounted for nearly a…