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Tag: TMT

Cryptoverse: Bitcoin is back with a bonk
Technology

Cryptoverse: Bitcoin is back with a bonk

Adobeby AdobeJanuary 17, 20230

Jan 17 (Reuters) – Bitcoin is in charge in 2023, dragging the crypto market to the ground and electrifying bonk, a new meme coin. The …

Davos 2023: CEOs talk about ChatGPT-like AI at the World Economic Forum
Technology

Davos 2023: CEOs talk about ChatGPT-like AI at the World Economic Forum

Adobeby AdobeJanuary 17, 20230

DAVOS, Switzerland, Jan 17 (Reuters) – Business giants trudging through alpine snow can’t help but talk about a San Francisco chatbot. Generative artificial intelligence, a …

Taiwanese chipmaker UMC imposes strict cost controls amid weak demand
Technology

Taiwanese chipmaker UMC imposes strict cost controls amid weak demand

Adobeby AdobeJanuary 16, 20230

Q4 revenue +14.8% y/y, -10% q/q Capex 2023 3 billion dollars compared to 2.7 billion dollars in 2022 Persistent “difficult environment” in the first quarter …

Israeli Cognyte won tender to sell interceptor spyware in Myanmar before coup – documents
Technology

Israeli Cognyte won tender to sell interceptor spyware in Myanmar before coup – documents

Adobeby AdobeJanuary 15, 20230

SINGAPORE, Jan 15 (Reuters) – Israeli company Cognyte Software Ltd (CGNT.O) won a tender to sell interception spyware to a Myanmar state-backed telecommunications company a …

Analysis: Tencent bets big on WeChat channels to create its own TikTok
Technology

Analysis: Tencent bets big on WeChat channels to create its own TikTok

Adobeby AdobeJanuary 13, 20230

Importance of communicated channels within Tencent – sources Total Channel Views Jumped Over 200% Last Year – Tencent Will be difficult for chains to become …

TSMC defies chip slowdown with record Q4;  cuts its investments in 2023 as demand weakens
Technology

TSMC defies chip slowdown with record Q4; cuts its investments in 2023 as demand weakens

Adobeby AdobeJanuary 12, 20230

Q4 profit of T$295.9 billion vs. T$289.44 billion, analysts say Fourth-quarter revenue up 26.7% year-on-year to $19.93 billion Sees 2023 investments at $32-36 billion from …

Exclusive: Apple supplier BOE plans new factories in Vietnam
Technology

Exclusive: Apple supplier BOE plans new factories in Vietnam

Adobeby AdobeJanuary 11, 20230

HANOI, Jan 11 (Reuters) – Chinese display maker BOE Technology Group Co Ltd (000725.SZ), a supplier to Apple Inc (AAPL.O) and Samsung Electronics Co Ltd …

Cryptoverse: Bitcoin digs in for another bumpy year
Technology

Cryptoverse: Bitcoin digs in for another bumpy year

Adobeby AdobeJanuary 10, 20230

Jan 10 (Reuters) – Bitcoin looks stable in 2023. But it’s only been a week. Cryptocurrencies have snuck into the new year, licking their wounds …

VW’s CARIAD software chief promises to make progress one leap at a time
Technology

VW’s CARIAD software chief promises to make progress one leap at a time

Adobeby AdobeJanuary 9, 20230

DETROIT, Jan 9 (Reuters) – Volkswagen’s software division, CARIAD, has emerged from a review commissioned by VW’s new chief executive with a plan to work …

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