China’s Huawei says first-half profit drops 52% as demand weakens
SHENZHEN, China (Reuters) – Huawei Technologies said on Friday its first-half net profit more than halved as a difficult economy curtailed demand from customers, compounding…
Tech
Hacker offers to sell data of 48.5 million users of Shanghai’s COVID app
By Eduardo Baptista BEIJING (Reuters) – A hacker has claimed to have obtained the personal information of 48.5 million users of a COVID health code…
Chasing green goals, corporations push car fleet managers toward EVs
By Nick Carey and Ben Klayman MACCLESFIELD, England (Reuters) – Large corporations are jumping on the “green” bandwagon left and right, which in turn is…
China’s SMIC posts quarterly revenue surge but warns of some panic in chip sector
SHANGHAI (Reuters) – Chinese chip maker Semiconductor Manufacturing International Corp (SMIC) on Friday reported a 42% jump in second-quarter revenue but also said the sector…
Twitter plan to fight midterm misinformation falls short, voting rights experts say
By Sheila Dang (Reuters) -Twitter Inc on Thursday set out a plan to combat the spread of election misinformation that revives previous strategies, but civil…
Two lawmakers ask U.S. regulator about Tesla crashes, safety probes
By David Shepardson WASHINGTON (Reuters) – Two U.S. lawmakers who chair subcommittees overseeing auto safety asked the federal auto safety regulator for a briefing on…
Crypto derivatives volumes surge to $3.12 trillion in July – CryptoCompare
By Elizabeth Howcroft LONDON (Reuters) – Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said…
Govt body asks Rain to retract its proposal to merge with Telkom
JOHANNESBURG (Reuters) – A government body has censured data network provider Rain for offering a proposal to merge with bigger rival Telkom SA saying the…
Arrival to delay spending on bus project after posting wider loss
(Reuters) – British electric vehicle start-up Arrival SA reported a wider quarterly loss on Thursday and said it would delay spending on its bus project…