Elon Musk starts Twitter poll on whether to bring back Trump

Elon Musk starts Twitter poll on whether to bring back Trump

Nov 18 (Reuters) – Elon Musk started a Twitter poll late on Friday asking followers to vote on whether to reinstate former U.S. President Donald Trump’s account on the platform, with early results showing roughly 60% voting yes. “Vox Populi, Vox Dei,” Musk tweeted, a Latin phrase that roughly means meaning “the voice of the … Read more

SoftBank shares tumble after Vision Fund reports another big loss

SoftBank shares tumble after Vision Fund reports another big loss

TOKYO, Nov 14 (Reuters) – Shares in Japan’s SoftBank Group Corp (9984.T) plunged on Monday after the company reported a heavy loss at its Vision Fund investment arm for a third consecutive quarter. The shares sank 13% in early afternoon trade – heading for their biggest one-day loss in more than two and a half … Read more

Japan’s SoftBank books first-half net loss on sliding tech valuations

Japan’s SoftBank books first-half net loss on sliding tech valuations

TOKYO, Nov 11 (Reuters) – SoftBank Group Corp (9984.T) on Friday booked a first-half net loss, hurt by a slide in its tech portfolio. The Japanese tech group booked a net loss of 129.1 billion yen ($912.69 million) in the six months to end-September, compared to a net profit of 363.57 billion yen a year … Read more

FTX’s Bankman-Fried scrambles for funds after Binance deal collapse

FTX’s Bankman-Fried scrambles for funds after Binance deal collapse

HONG KONG/SINGAPORE/NEW YORK, Nov 10 (Reuters) – FTX Chief Executive Sam Bankman-Fried on Thursday launched an urgent push to raise funds to save his firm as the crypto exchange looks to plug a reported $8 billion hole in its finances, according to tweets and a memo to employees. Bankman-Fried said he was in talks with … Read more

Wall Street ends lower as Fed worries outweigh earnings

Wall Street ends lower as Fed worries outweigh earnings

IBM up as it sees higher full-year sales Tesla expects to miss vehicle delivery target this year AT&T raises annual profit forecast Dow down 0.3%, S&P 500 down 0.80%, Nasdaq down 0.61% NEW YORK, Oct 20 (Reuters) – U.S. stocks closed lower on Thursday as data on the labor market and comments from a U.S. … Read more

Canada begins long cleanup after Fiona sweeps homes out to sea

Canada begins long cleanup after Fiona sweeps homes out to sea

Register now for FREE unlimited access to Reuters.com Register PORT AUX BASQUES, Newfoundland, Sept 25 (Reuters) – It will take several months for Canada to restore critical infrastructure after the powerful storm Fiona left an “unprecedented” trail of destruction, officials said on Sunday, as crews fanned out in five provinces to restore power and clean … Read more

Traffic, water shortages, now floods: the slow death of India’s tech hub?

Traffic, water shortages, now floods: the slow death of India’s tech hub?

Much of Bengaluru submerged in recent flooding Residents forced to wade through waist-deep water Disruptions raise questions about city’s future as tech hub Authorities vow to act, but extreme weather may complicate plans BENGALURU, Sept 15 (Reuters) – Harish Pullanoor spent his weekends in the late 1980s tramping around the marshes and ponds of Yemalur, … Read more

EXCLUSIVE Fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions

EXCLUSIVE Fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions

A man listens to music as he waits for his train at Churchgate railway station in Mumbai December 5, 2012. REUTERS/Navesh Chitrakar Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Sept 9 (Reuters) – Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to avoid closing down after … Read more

Arm sues Qualcomm, aiming to unwind Qualcomm’s $1.4 bln Nuvia purchase

Arm sues Qualcomm, aiming to unwind Qualcomm’s .4 bln Nuvia purchase

Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register SAN FRANCISCO, Aug 31 (Reuters) – Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), on Wednesday said it had sued Qualcomm Inc (QCOM.O) … Read more

Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

Aug 25 (Reuters) – U.S wireless carrier T-Mobile US Inc (TMUS.O) will use Elon Musk-owned SpaceX’s Starlink satellites to provide mobile users with network access in parts of the United States, the companies announced on Thursday, outlining plans to connect users’ mobile phones directly to satellites in orbit. The new plans, which would exist alongside … Read more