Intel Corp on Friday is set to announce it will invest $20 billion in a massive new manufacturing site near Columbus, Ohio to develop and manufacture advanced semiconductor chips, sources briefed on the matter told Reuters. The planned investment includes 3,000 permanent jobs on the 1,000-acre site in New Albany,Continue Reading
French train maker Alstom reported a rise in third-quarter sales on Thursday, bolstered by contract wins in Europe and stronger market clout as it integrates the rail unit it bought from Bombardier last year. The Paris-based firm reported sales of 3.92 billion euros ($4.45 billion), compared with the 3.71 billionContinue Reading
The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as part of a bid to shield retail investors from potential risks. Singapore is a popular location for cryptocurrency companies due to a comparatively clear regulatoryContinue Reading
The Information Commissioners’ Office (ICO) is to talk to Meta about how its virtual reality (VR) business Oculus complies with the regulator’s “children’s code”. The code aims to ensure that online services likely to be accessed by children are appropriate for their use. A campaign group recently found evidence ofContinue Reading
People are spending an average of 4.8 hours a day on their mobile phones, according to app monitoring firm App Annie. In 2020, UK regulator Ofcom found similar amounts of time spent, although its research included watching TV. App Annie’s report indicates that apps were downloaded 230 billion times in 2021, whileContinue Reading
Tesla Inc (TSLA.O) on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates, riding out global chip shortages as it ramped up China production. It was the sixth consecutive quarter that the world’s most valuable automaker posted record deliveries. Tesla, led by billionaire CEO Elon Musk, delivered 308,600 vehicles inContinue Reading
Bitcoin close to $70,000, “memecoins” worth billions of dollars, a blockbuster Wall Street listing and a sweeping Chinese crackdown: 2021 was the wildest yet for cryptocurrencies, even by the sector’s volatile standards. Digital assets started the year with a stampede of cash from investors large and small. And bitcoin andContinue Reading
Dec 30 (Reuters) – Stock markets in the Gulf ended 2021 higher, with the Abu Dhabi index exiting the year with a roar on its best annual performance in 16 years. The Abu Dhabi index (.ADI) added 0.5% on Thursday, the last trading day of 2021 – its best year since 2005,Continue Reading
As the first ever carbon neutral livestream for gamers, RazerCon 2021 was an incredibly successful event, celebrating the gaming community and engaging with more than 1.5 million viewers around the world. RazerCon 2021 was a huge success, achieving its goal of creating long lasting memories with the global gaming community.Continue Reading
The logo of Swiss bank UBS is seen at a branch office in Zurich, Switzerland, June 22, 2020. REUTERS/Arnd Wiegmann/File Photo DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of Oman and Kuwait markets, and a dedicated sales team to captureContinue Reading