> TEEQ08

Pound jumps on UK tax cut reversal, oil swings higher

TOKYO, Oct 3 (Reuters) – Oil jumped on Monday as OPEC+ considered reducing output at its meeting later this week while the pound swung higher after the UK government said it would reverse a controversial tax cut that had roiled British markets. Asian stocks mostly fell in holiday-thinned trade although Japanese markets found support on … Read more

Wall St posts third straight quarterly loss as inflation weighs, recession looms

S&P 500 notches largest September percentage drop in 20 years All three major U.S. stock indexes post three-quarter slumps Core inflation data hotter than expected Indexes down: Dow 1.71%, S&P 1.51%, Nasdaq 1.51% NEW YORK, Sept 30 (Reuters) – The S&P 500 closed the books on its steepest September decline in two decades on Friday, … Read more

Apple drops plan to boost iPhone production as demand falters-Bloomberg

Sept 27 (Reuters) – Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, Bloomberg News reported on Tuesday, citing people familiar with the matter. The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product family … Read more

Apple to raise App Store prices in some countries in Europe, Asia

A man walks next to an advertisement for Apple’s new iPhone 11 Pro at the Apple Store in IFC, Central district, Hong Kong, China October 10, 2019, after Apple Inc on Wednesday removed an app that protestors in Hong Kong have used to track police movements from its app store. REUTERS/Athit Perawongmetha/File Photo Register now … Read more

New iPhones have Qualcomm satellite modem, new Apple radio chips

Register now for FREE unlimited access to Reuters.com Register SAN LUIS OBISPO, Calif., Sept 17 (Reuters) – Apple Inc’s (AAPL.O) iPhone 14 models contain a Qualcomm Inc (QCOM.O) chip that can talk to satellites, but have additional custom-designed Apple components used in the phone’s biggest new feature, according to an analysis of the phone by … Read more

Uber investigating ‘cybersecurity incident’ after report of breach

An Uber office is shown in Redondo Beach, California, U.S., March 16, 2022. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – Uber Technologies Inc (UBER.N) said on Thursday it was investigating a cybersecurity incident, after a report that its network was breached and the company had to shut … Read more

Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, offering a precedent for other regulators to ratchet up pressure. … Read more

U.S. signs deal with Google to develop chips for researchers

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google … Read more

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 11(Reuters) – The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said. The Commerce Department intends to publish new regulations based on restrictions communicated … Read more

EXCLUSIVE Fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions

A man listens to music as he waits for his train at Churchgate railway station in Mumbai December 5, 2012. REUTERS/Navesh Chitrakar Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Sept 9 (Reuters) – Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to avoid closing down after … Read more