Wary buyers cloud outlook for tech and auto companies in Asia

Wary buyers cloud outlook for tech and auto companies in Asia

Samsung says demand for phone and PC chips set to weaken further Server customers can adjust inventory in recession -Samsung Toyota misses April-June production target GM’s operations in China lost $100 million in the second quarter due to restrictions July 28 (Reuters) – Asian tech firms from chipmaker Samsung to display panel maker LG Display … Read more

Analysis: Why Elon Musk’s fight with Twitter could draw closer scrutiny from the SEC

Analysis: Why Elon Musk’s fight with Twitter could draw closer scrutiny from the SEC

WASHINGTON, July 14 (Reuters) – Twitter Inc. (TWTR.N) battling with Elon Musk to enforce his $44 billion deal to buy the social media platform could draw the attention of the US securities regulator to whether Musk misled the market during of the agreement. Twitter on Tuesday asked a Delaware court to order the Tesla Inc … Read more

Rogers network outage hits millions of Canadians, sparks outrage

Rogers network outage hits millions of Canadians, sparks outrage

Rogers dominates the telecommunications sector in Canada Banking services down, transportation disrupted The outage renews criticism of competition in the telecommunications sector TORONTO/OTTAWA, July 8 (Reuters) – A major network outage at one of Canada’s largest telecom operators shut down access to banking, transportation and government for millions of people all day Friday , sparking … Read more

Twitter promises legal battle after Musk pulls out of $44 billion deal

Twitter promises legal battle after Musk pulls out of  billion deal

July 8 (Reuters) – Tesla CEO Elon Musk (TSLA.O) and the world’s richest person, said Friday he was ending his $44 billion deal to buy Twitter (TWTR.N) because the social media company breached several provisions of the merger agreement. Twitter Chairman Bret Taylor said on the microblogging platform that the board plans to take legal … Read more