Intel, TI split leaves chip outlook in doubt
(Reuters) - Two major chipmakers this week gave very different views of whether soaring demand for semiconductors will start to ease in the second half of the year, and it may take another round of earnings next week to settle the question.
myTukar appoints former BMW exec as CEO
USED car platform, myTukar, announced the appointment of former BMW exec, Jeffrey Ong (pic) as its new chief executive officer (CEO). Ong succeeds former CEO, Fong Hon Sum, who assumed the role of myT...
Kaseya gets master decryption key after July 4 global attack
The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organisations crippled in the global incident.
Audio chat forum Clubhouse opens to all
SAN FRANCISCO, July 23 ― The Clubhouse audio chat forum on Wednesday opened its virtual rooms to all comers, ending an invitation-only mode that was a coveted ticket during the pandemic.
‘Giant can of worms’: Amazon’s battle against product recalls is on
A US safety regulator’s decision last week to sue Amazon.com Inc could bring clarity to a question that has long befuddled courts and state legislatures nationwide: Who is responsible when a product bought from the world’s largest online retailer hurts or kills someone?
Twitter beats revenue targets with ad improvements, shares jump 7%
(Reuters) -Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone user data private had hit ad revenue less than anticipated.
Rebooting SME Banking in Southeast Asia
Despite playing a significant role in Southeast Asian economies, most small and medium-sized enterprises (SMEs) still have limited access to financing and remain to this day largely underserved by tra...
Can Coupang out-Amazon Amazon in Southeast Asia?
“How did I ever live without Coupang?”
That is the dazzling mission statement of South Korea’s most valuable tech startup – a motto that seems more applicable to the country’s legacy conglo...
You can now join group calls in progress on WhatsApp
Someone called you, but you didn’t pick up in time? Don’t panic, WhatsApp is now letting users join group calls in progress. The messaging application has unveiled a new feature on its platform that shows users group calls currently underway.
UK citizen arrested in Spain for role in 2020 Twitter hack
WASHINGTON (Reuters) - A 22-year-old British citizen was arrested in Spain on Wednesday on multiple charges in connection with a July 2020 hack of Twitter, which compromised the accounts of high-profile politicians, celebrities and companies, the U.S. Justice Department said on Wednesday.
Infosys reopens offices as India Inc eyes long road back to work
BENGALURU (Reuters) - Indian outsourcing giant Infosys Ltd told employees last week they could resume work from offices, according to a memo seen by Reuters that offers an early sign of the country's $190 billion technology services sector moving to get back on track.
Netflix's gaming foray will cost time and money -Wall St
(Reuters) - Wall Street analysts welcomed Netflix's planned plunge into mobile gaming on Wednesday, calling it a sensible move to keep users' eyes on screens while worrying it would take significant time and investment to pay off.
Canada's Rogers Communications beats quarterly revenue estimates
(Reuters) -Canada's Rogers Communications Inc on Wednesday reported second-quarter revenue that beat analysts' estimates, helped by a pick up in advertisement sales and as its cable business benefited from a pandemic-driven shift to remote work and entertainment.
Convicted eBay cyberstalker blames alcoholism, seeks leniency
A former EBay global security manager who admitted joining a bizarre cyberstalking campaign against an online critic blames alcoholism and a culture of heavy drinking at the company for his poor judgment and an incriminating “thumbs up” emoji he texted to a co-conspirator.
Bitcoin climbs back over $30,000
SINGAPORE (Reuters) - Bitcoin recovered from a one-month low and broke back above $30,000 on Wednesday, suggesting firm support around that level even as the mood in broader financial markets remained fragile.
SAP lifts outlook as cloud push gains traction in Q2
BERLIN (Reuters) -German business software group SAP raised its outlook for the second time this year on Wednesday as a strategic push to help customers shift their IT operations to the cloud gained traction in the second quarter.
ASML Q2 net profit jumps 38% on strong demand for computer chips
AMSTERDAM (Reuters) -ASML, one of the biggest suppliers to semiconductor companies worldwide, reported on Wednesday a 38% jump in second-quarter net income to 1.03 billion euros ($1.22 billion), as sales continued to soar amid a global computer chip shortage.
Facebook’s Biden defence lacks key data on spread of Covid lies
When US President Joe Biden said Friday that social networks like Facebook are “killing people” with the viral spread of Covid-19 misinformation, the company tried to defend itself. In a strongly-worded blog post, an executive attempted to redirect people to more positive data, on the ways Facebook has spread good information.
Netflix details video game push as it forecasts weak growth
(Reuters) -Netflix Inc said it would make a deeper dive into video games as the movie and TV streaming service projected weak subscriber growth amid growing competition and the lifting of pandemic restrictions that had kept people at home.