Logitech quarterly sales fall 22% as slowdown fears bite
By John Revill and Gokul Pisharody (Reuters) – Computer peripherals maker Logitech International said on Tuesday its third-quarter sales fell 22%, confirming its preliminary results which showed that business customers…
Apple supplier Foxconn replaces iPhone business chief
By Lavanya Ahire (Reuters) – Taiwan‘s Foxconn has appointed Michael Chiang as the new boss for its iPhone assembly business after a tumultuous year in China, Bloomberg News reported on…
China lifts 18-month ban on new Didi users as tech crackdown wanes
By Julie Zhu and Yingzhi Yang (Reuters) – China‘s Didi Global has been given the green light from domestic regulators to resume new user registrations for its core ride-hailing services…
Alibaba plans $1 billion investment in Turkey
By Daren Butler ISTANBUL (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd is planning a logistics hub at Istanbul Airport and a data centre near the Turkish capital Ankara…
Apple supplier Foxconn says output recovering despite revenue fall
By Sarah Wu and Yimou Lee TAIPEI (Reuters) – Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Thursday output at its iPhone plant in China had “basically returned…
Crisis and innovation, the two faces of Amazon
The crisis forces many employees to be laid off, on the one hand, and the need to invest in the search for innovative solutions with an eye on sustainability on…
China’s Huawei sees ‘business as usual’ as U.S. sanctions impact wanes
By Josh Horwitz SHANGHAI (Reuters) – Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to U.S. sanctions…
Are the Balkans still haunted by the ghosts of the past? Part 1
The rapid evolution of Balkans in Tech Sector When you hear the word ‘Balkans’, what is the first thing that comes to your mind? War and destruction? Things are changing…
Instacart cuts internal valuation to $10 billion
By Akanksha Khushi (Reuters) – Grocery delivery start-up Instacart has cut its internal valuation to $10 billion, the Information reported on Tuesday, citing two people familiar with the situation. The…
Meet the talent: Mathieu Gorge, CEO and founder
Place of residence: New Jersey, U.S. Position: CEO and Founder of VigiTrust Please describe a day in your life. The way I start my day is the same way I…