Meet the talent: Dimitris Giannakoudis, director at Xanthi TechLab
Place of residence: Xanthi Position: Director at Xanthi American Space (Xanthi TechLab) Please describe a day in your life: A daily routine contains emails, networking, calls, and meetings. It’s vital…
Volume of Apple sales underperforms Huawei, Xiaomi on China’s Singles Day
By Yelin Mo and Brenda Goh BEIJING (Reuters) – Apple saw a decline in the number of smartphones sold during China’s recent Singles Day shopping festival, data from Counterpoint Research…
Poland’s Allegro sees higher holiday-quarter earnings after Q3 core profit beat
By Anna Pruchnicka (Reuters) – Poland’s biggest e-commerce platform Allegro said on Thursday it expects earnings to rise 20%-23% year-on-year at home in the crucial holiday quarter, after its third-quarter…
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…
Amazon punished its own sellers to limit Walmart’s reach, FTC says
By Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) – Amazon.com Inc punished its own sellers to limit Walmart’s reach as Walmart got into e-commerce, according to the Federal Trade…
Amazon founder Bezos plans move to Miami from Seattle
By Abinaya Vijayaraghavan (Reuters) – Amazon founder Jeff Bezos said on Thursday he was moving to his childhood home of Miami from Seattle to be near his parents and his…
Indonesia’s GoTo reports significant drop in Q3 underlying losses
By Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s biggest tech firm PT GoTo Gojek Tokopedia reported 942 billion rupiah ($59.30 million) in underlying losses for the third quarter, a significant drop…
Strong ad sales, stable enterprise spending wind beneath Big Tech earnings
By Yuvraj Malik and Zaheer Kachwala Big Tech: (Reuters) – U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy…
Amazon to launch drone deliveries in Italy and UK in late 2024
By Jyoti Narayan in Bengaluru (Reuters) – Amazon said on Wednesday it was planning to begin delivering packages through drones in Britain, Italy and a third location in the United…
Amazon rolls out robotic system at Houston warehouse to speed up deliveries
By Zaheer Kachwala (Reuters) – Amazon.com said on Wednesday it was using a robotic system at one of its Houston warehouses to improve inventory management and speed up deliveries, building…