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

Global manufacturers see chip shortage easing

Global manufacturers see chip shortage easing

Plastic letters arranged to read ‘Chip Shortage’ are placed on a computer motherboard in this illustration taken February 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Hyundai will increase production at its factories ABB CEO: Chipmakers’ supply commitments are improving ABB CEO: falling commodity prices Electrolux CEO: supply situation … 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

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

KDDI aims to restore service on Sunday after 40 million users affected

KDDI aims to restore service on Sunday after 40 million users affected

A man wearing a protective face mask takes a photo with his mobile phone at midday at Shibuya Crossing during the coronavirus disease (COVID-19) outbreak in Tokyo, Japan March 31, 2020. REUTERS/Issei Kato Join now for FREE unlimited access to Reuters.com Register TOKYO, July 3 (Reuters) – Japanese mobile operator KDDI Corp (9433.T) said it … Read more