Sharp Corp reported a lower-than-expected quarterly operating profit, as an escalating trade war between the United States and China dampened demand for its electronics devices and television sets.
from Reuters: Technology News https://ift.tt/3303QPz
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Wednesday, July 31, 2019
South Korean chip giants face 'strangling' from Japanese export curbs
South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.
from Reuters: Technology News https://ift.tt/2LSz9GB
from Reuters: Technology News https://ift.tt/2LSz9GB
Infineon confirms thrice-reduced guidance, Cypress deal on track
German chipmaker Infineon said on Thursday it expected to meet its thrice-lowered guidance for the business year to Sept. 30 as it reported fiscal third-quarter sales and profit that were in line with market expectations.
from Reuters: Technology News https://ift.tt/2GGn7Ml
from Reuters: Technology News https://ift.tt/2GGn7Ml
Zalando lifts profit forecast as site visits soar
Zalando, Europe's biggest online-only fashion retailer, raised its full-year profit outlook on Thursday after it reported a big jump in the number of visits to its site and orders in the second quarter.
from Reuters: Technology News https://ift.tt/2yueOP0
from Reuters: Technology News https://ift.tt/2yueOP0
Chinese drugmaker Chipscreen's STAR Market IPO sees feverish demand
Shenzhen Chipscreen Biosciences, which plans to list on China's red-hot new tech board, said its newly issued shares were almost 3,000-times oversubscribed among retail investors, despite an eye-popping offer pricing of 468-times earnings.
from Reuters: Technology News https://ift.tt/2YAnwKn
from Reuters: Technology News https://ift.tt/2YAnwKn
Chinese startup Xiaohongshu's app pulled from China Android stores
Chinese startup Xiaohongshu, which allows users to post product reviews and share shopping experiences, said on Thursday it will conduct a self-examination and correct its content after its app was removed from Android stores in China this week.
from Reuters: Technology News https://ift.tt/2GET1su
from Reuters: Technology News https://ift.tt/2GET1su
Revolut launches free share trading in Europe
Digital finance business Revolut is launching a fee-free share-trading service in the UK and Europe on Thursday, seeking a slice of the brokerage-controlled market to continue the company's rapid expansion.
from Reuters: Technology News https://ift.tt/2KgQ3LU
from Reuters: Technology News https://ift.tt/2KgQ3LU
Amazon in talks to buy stake in India's Reliance Retail: ET
Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported (https://ift.tt/2yw9mLq) on Thursday.
from Reuters: Technology News https://ift.tt/2GFabGe
from Reuters: Technology News https://ift.tt/2GFabGe
Amazon in talks to buy stake in India's Reliance Retail: ET
Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported https://ift.tt/2yw9mLq on Thursday.
from Reuters: Technology News https://ift.tt/2yu00jE
from Reuters: Technology News https://ift.tt/2yu00jE
Italy's UniCredit says carrying out own probe in relation to Capital One data breach
Italy's biggest bank by assets UniCredit said on Wednesday it was carrying out its own investigation in relation to a major data breach at capital one Financial Corp.
from Reuters: Technology News https://ift.tt/2GySpEP
from Reuters: Technology News https://ift.tt/2GySpEP
WeWork hosts analysts before IPO; debt, lease obligations in focus
Wall Street banks are set to grill WeWork on its finances on Wednesday as it prepares to publicly sell stock for the first time, possibly in September, a sale that will create a benchmark for the rapidly expanding flexible office industry.
from Reuters: Technology News https://ift.tt/2YcBDWS
from Reuters: Technology News https://ift.tt/2YcBDWS
Facebook defeats appeal in U.S. claiming it aided Hamas attacks
Facebook Inc on Wednesday defeated an appeal by American victims of Hamas attacks in Israel, who sought to hold the company liable for providing the group a social media platform to further its goals.
from Reuters: Technology News https://ift.tt/2LRvI30
from Reuters: Technology News https://ift.tt/2LRvI30
Facebook approaches Netflix, Disney to support TV chat device: The Information
Facebook Inc has approached Netflix Inc, Walt Disney Co and other media companies about putting their streaming services on a new Facebook device for making video calls from televisions, The Information reported on Wednesday.
from Reuters: Technology News https://ift.tt/2K4Mrxv
from Reuters: Technology News https://ift.tt/2K4Mrxv
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