UK petrol station group EG to buy Tesla ultra-fast chargers
By Sachin Ravikumar and Nick Carey LONDON (Reuters) – British petrol station operator EG Group said on Monday it would buy Tesla ultra-fast charging units to boost its electric vehicle…
Electric car demand set to stall in Europe’s ‘valley of death’
By Victoria Waldersee and Nick Carey BERLIN/LONDON (Reuters) – After years of accelerating growth, Europe’s electric car sales appear to be entering a go-slow zone as drivers wait for better,…
EMEA organizations are the most likely to embrace AI and M
Workday, a leading provider of enterprise cloud applications for financial and human resources management, released a recent survey examining how Artificial Intelligence (AI) and Machine Learning (ML) will impact the…
SoftBank books another quarterly loss, as investment hits offset Arm
By Anton Bridge TOKYO (Reuters) – SoftBank Group on Thursday booked a quarterly loss of 789 billion yen ($5.22 billion), marking its fourth straight quarter in the red, as investment…
India’s Wipro asks employees to work from office thrice a week
By VarunVyas Hebbalalu and Sai Ishwarbharath B BENGALURU (Reuters) – Wipro, India’s fourth-largest IT services provider, is mandating that all its employees globally work from office at least thrice a…
Lyft beats third-quarter estimates, bookings underperform rival Uber
By Akash Sriram (Reuters) – Lyft reported third-quarter revenue and profit surpassing estimates on Wednesday, but gross bookings growth was lower than larger rival Uber‘s ride-hailing business. Gross bookings, which…
Fortinet, rivals fall on concerns around cybersecurity spending
By Samrhitha A (Reuters) – Fortinet sank nearly 18% and sparked a selloff in cybersecurity stocks with a dismal forecast that compounded fears of slowing client spending in an uncertain…
Pinterest beats quarterly estimates on ad market recovery
By Jaspreet Singh (Reuters) – Pinterest beat estimates for third-quarter revenue and profit on Monday, as a stabilizing digital advertising market helped draw marketers to the image-sharing platform, sending its…
Panasonic cuts battery unit’s profit outlook, warns on high-end EV sales
By Daniel Leussink TOKYO (Reuters) – Panasonic Holdings, which supplies Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank the division’s…
Amazon’s playbook for happy holidays: discounts, same-day delivery – and AI
By Arriana McLymore NEW YORK (Reuters) – Generative AI will be Amazon’s secret weapon this holiday season, leveraging data from its more than 160 million Prime subscribers to improve ad…