UK chip designer Arm cuts jobs after takeover collapse
Semiconductor designer Arm plans to axe up to 15 percent of staff, it said Tuesday, after Japanese owner SoftBank failed to offload the subsidiary to US chip giant Nvidia.
Mar 15, 2022
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Page 4 - News tagged with business unit
Business
Japan's Toshiba to split into three firms
Storied Japanese conglomerate Toshiba will split into three companies, it said Friday, following a campaign by investors to boost the firm's shares after a period of enormous upheaval.
Nov 9, 2021
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4
Consumer & Gadgets
Sony hikes PS5 prices in some markets, US consumers spared
Sony's PlayStation 5 is already notoriously difficult to find, and on Thursday the popular console's manufacturer said that it will also become more expensive for gamers in many parts of the world.
Aug 25, 2022
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24
Business
Tech firm says musicians lose billions to illegal business streaming
At a time when musicians are struggling to live off streaming, a Swedish tech entrepreneur says his app can boost royalties by curbing the illegal use of music by millions of businesses.
Mar 17, 2021
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6
Business
Can I take your order—and your data? The hidden reason retailers are replacing staff with AI bots
You might have seen viral videos of Wendy's drive-thru customers in the United States ordering their fast food from the firm's generative AI bot Wendy's FreshAI. Most show a very human-like transaction punctuated with cries ...
May 6, 2024
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15
Business
UK authorities give Amazon 5 days for new Deliveroo plan
British authorities are asking Amazon to address concerns that its plan to buy a stake in food delivery platform Deliveroo could damage competition between businesses that do takeaways and those that deliver groceries.
Dec 11, 2019
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Business
Huawei revenue down 2.2% in first three quarters of 2022
Revenue at Chinese telecom giant Huawei fell by 2.2 percent year on year in the first three quarters of 2022, company data showed Thursday, as COVID-19 and US sanctions dragged down sales.
Oct 27, 2022
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Business
Tencent Q3 revenue climbs 29 percent
Chinese internet giant Tencent said Thursday its revenue climbed 29 percent in the third quarter of this year, spurred by gaming and advertising as coronavirus lockdowns keep users indoors and online.
Nov 12, 2020
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5
Business
Nokia profit substantially up on new operating model, 5G
Wireless network maker and 5G technology provider Nokia reported substantially improved second-quarter profit Thursday, citing the help of its new operating model and booming sales of 5G equipment.
Jul 29, 2021
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5
Business
Indonesia bans goods transactions on social media platforms
Indonesia has banned goods transactions on social media platforms in a new regulation, its trade minister said Wednesday, as Jakarta aims to rein in direct sales on major platforms it says are harming millions of small businesses.
Sep 27, 2023
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