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Arm announces new data centre chips
Tue, 27 Apr 2021 19:00:12 GMT
 
Arm Ltd, the UK chip technology company acquired by Nvidia, provided new details about the next generation of the data center technology, adding that Oracle and Alibaba Group will use >>
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Spotify launces paid subscription platform
Tue, 27 Apr 2021 18:00:07 GMT
 
Spotify launched a paid subscription service for podcasters in the US and plans to add other regions in the following months, a week after Apple unveiled an identical service. >>
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Toyota to buy Lyft self-driving unit
Tue, 27 Apr 2021 17:00:08 GMT
 
Toyota Motor is set to acquire Lyft's self-driving technology division for $550M, the companies announced, as the Japanese company steps up its automation plans. >>
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UPS shares soar on record quarterly results
Tue, 27 Apr 2021 16:00:08 GMT
 
United Parcel Service reported a record quarterly profit and revenue on pandemic-fueled demand for deliveries and air transportation, sending its shares up 2.1% to $197.07 in premarket trading. >>
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Mastercard to launch card with crypto reward
Tue, 27 Apr 2021 15:10:13 GMT
 
Mastercard and the US crypto exchange Gemini are set to launch this year the first card, which would give users digital currency rewards of up to 3% on purchases, in >>
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Raytheon lifts sales forecast's lower end
Tue, 27 Apr 2021 12:52:33 GMT
 
Raytheon Technologies, the US aerospace manufacturer, has lifted its full-year sales outlook's lower end on Tuesday, boosted by the robust performance of the company's defence unit as well as commercial >>
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GE posts 20% drop in Q1 profit
Tue, 27 Apr 2021 12:48:11 GMT
 
On Tuesday, General Electric reported a 20% plunge in its Q1 profit, tumbled by a decline in the aircraft engines demand as carriers struggle to recover following the pandemic. >>
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3M tops profit forecasts
Tue, 27 Apr 2021 12:00:08 GMT
 
The US conglomerate 3M has topped Wall Street's expectations for its Q1 profit and revenue, boosted by growing demand for personal safety products during the pandemic. >>
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Thoma Bravo to buy Proofpoint
Tue, 27 Apr 2021 11:24:59 GMT
 
Thoma Bravo, the private equity company, is set to acquire the cybersecurity firm Proofpoint in a $12.3B worth all-cash deal, amid rising demand for network security, as many people work >>
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Oil rebounds to $66 on Tuesday
Tue, 27 Apr 2021 10:23:08 GMT
 
On Tuesday, oil rose to $66 a barrel ahead of the OPEC+ meeting over oil production policy amid concerns that the coronavirus crisis in India could hit the fuel demand >>
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Apple plans new campus
Tue, 27 Apr 2021 09:00:08 GMT
 
Apple is planning to build a new North Carolina campus, which would house up to 3K employees, and raise its spending goals with US suppliers. >>
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VW Mexico sees production stoppages
Tue, 27 Apr 2021 07:52:23 GMT
 
Volkswagen's Mexico division is planning more of its output stoppages in May amid the global chip shortages, Germany's carmaker announced on Monday. >>
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UBS posts 14% rise in Q1 profit
Tue, 27 Apr 2021 06:53:00 GMT
 
UBS reported on Tuesday its Q1 net profit rose as much as 14% due to surging client activity levels, however, marked its loss of $774M amid its debacle with the >>
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HSBC quarterly profit surges 79%
Tue, 27 Apr 2021 06:37:10 GMT
 
On Tuesday, HSBC Holdings reported better-than-anticipated quarterly profit and released $400M the company had set aside for covering the coronavirus-induced bad loans, amid successful launch of the COVID-19 vaccines. >>
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Lyft sells tech to Toyota
Tue, 27 Apr 2021 05:00:06 GMT
 
On Monday, Lyft announced that it had sold its self-driving tech to Toyota for $550M US Dollars. >>
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