Australia’s Telstra shelves InfraCo stake sale plan, shares down
By Poonam Behura (Reuters) – Australia’s Telstra shelved plans on Thursday to sell a stake in its physical infrastructure unit, sending its shares about 2.5% lower, even as the telecom…
Can an e-book ever defeat a paperback?
More books are being sold now than five years ago. Per Wordsrated, the international sales of published books were US$129 billion as of June 2023, about a US$7 billion increase compared…
Telecom Italia’s quarterly core profit rises as domestic revenues edge up
By Elvira Pollina and Urvi Dugar (Reuters) – Telecom Italia (TIM) on Wednesday reported a 5.5% rise in its second-quarter core profit, helped by strong performance from its Brazilian unit…
Pandemic impact on Japanese startups
Until recently, Japan had been a bit slow with introducing start-ups in the tech industry. Although the country ranked the third largest economy by GDP in 2021, the number of unicorn companies…
YouTube hikes prices for US premium subscribers for the first time
By Chavi Mehta (Reuters) – YouTube, Google‘s video streaming platform, hiked prices on its monthly and annual premium plans in the United States for the first time since the subscription…
Apollo Global leads debt investment in chipmaker Wolfspeed
By Chandni Shah (Reuters) – A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support…
Taiwan seeks closer EU ties in return for chip investment – minister
By Philip Blenkinsop (Reuters) – European countries should strengthen relations with Taiwan if they want continued Taiwanese investment in semiconductor production, Foreign Minister Joseph Wu said during a visit to…
Goldson malware: a guide to understanding and avoiding
In recent years, cyberattacks have become more sophisticated and widespread, posing a serious threat to individuals and businesses. Goldson malware is one of the newest and most dangerous threats on…
Japan’s new rocket fails after engine issue, in blow to space ambitions
By Tim Kelly TOKYO (Reuters) – Japan’s new medium-lift rocket failed on its debut flight in space on Tuesday after the launcher’s second-stage engine did not ignite as planned, in…
Google set to challenge India Android antitrust ruling at Supreme Court-sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Google is preparing to approach India’s Supreme Court within days to try to block a ruling by the country’s antitrust…