Micron falls as AI revenue surge falls short of lofty expectations
(Reuters) - Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast ...
Jun 27, 2024
Rivian investors to seek details on path to profits at investor day
By Akash Sriram (Reuters) - Rivian shareholders will seek details on the company's upcoming models and progress in cutting co...
Jun 27, 2024
Explainer-The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealers
SAN FRANCISCO (Reuters) - A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S.,...
Jun 27, 2024
France's OVHcloud tops Q3 revenue forecast on US growth
By Nathan Vifflin and Anna Peverieri (Reuters) - French cloud services provider OVHcloud reported third quarter revenue ahead...
Jun 27, 2024
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
By Toby Sterling AMSTERDAM/HAMBURG (Reuters) - Nexperia, one of the world's largest makers of basic semiconductors such as di...
Jun 27, 2024
SoftBank Group launches AI healthcare joint venture with Tempus AI
(Corrects final paragraph to say Tempus AI listed in June, not May) TOKYO (Reuters) -Japanese technology investor SoftBank Gr...
Jun 27, 2024
Toyota's May global output slides with marked decline in China
TOKYO (Reuters) - Toyota's global production slid for a fourth straight month in May from a year earlier on lower output in m...
Jun 27, 2024
India's Infosys settles insider trading charges with markets regulator
BENGALURU (Reuters) - India's No.2 IT services exporter Infosys' CEO Salil Parekh has settled charges of violating provisions...
Jun 27, 2024
Tencent-backed Shift Up may price IPO at top end of band, source says
SYDNEY (Reuters) - South Korean gaming company Shift Up is set to price its initial public offering (IPO) at the top end of i...
Jun 27, 2024
CDK says 'small initial test group' brought live on its Dealer Management System
(Reuters) - Software maker CDK Global said on Wednesday it had brought a "small initial test group" of dealers live...
Jun 26, 2024