By Eva Mathews and Samrhitha A (Reuters) -Verizon Communications Inc forecast annual profit below expectations on Tuesday, as the pandemic-led…
Logitech sees business customer caution as temporary
By John Revill (Reuters) -Logitech International said on Tuesday it expects the downturn in spending by business customers which hit…
Sweden to upgrade Berzelius supercomputer with Nvidia AI systems
STOCKHOLM (Reuters) – Sweden will upgrade its Berzelius supercomputer using Nvidia’s latest artificial intelligence (AI) systems to aid in understanding…
Auto lobby urges Spain to speed up vehicle electrification as sales lag
MADRID (Reuters) – Spain’s auto industry is in dire need of an overhaul to catch up with European peers and…
Michael Dee resigns from Velodyne Lidar’s board
(Reuters) – Sensor maker Velodyne Lidar Inc said on Tuesday former chairman Michael Dee has resigned from the company’s board,…
Japan’s Nidec slashes full-year operating profit forecast on weak demand, restructuring costs
By Daniel Leussink TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half…
DOJ poised to sue Google over digital ad market dominance – Bloomberg News
(Reuters) -The U.S. Justice Department is poised to sue Alphabet Inc’s Google as soon as Tuesday regarding its dominance over…
Bankrupt crypto lender Genesis optimistic it can resolve creditor disputes
By Dietrich Knauth NEW YORK (Reuters) -A lawyer for the bankrupt Genesis Global Capital said on Monday that the cryptocurrency…
Nokia signs new 5G patent deal with Samsung
OSLO (Reuters) – Nokia said on Monday it has signed a new cross-license patent agreement with Samsung following the expiry…
California accounted for 40% of U.S. zero-emission vehicle sales in 2022
(Reuters) -About 19% of all cars sold in California last year were zero-emission vehicles (ZEVs), accounting for 40% of all…