Mastercard seeks to expand crypto card tie-ups
By Elizabeth Howcroft LONDON (Reuters) – Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto…
Technology
Intel climbs as Wall St cheers early signs of recovery
(Reuters) – Intel Corp shares rose nearly 6% as the once-dominant chipmaker’s quarterly print indicated “baby step progress” in efforts…
Sony expects profit to slip despite record PlayStation 5 sales
By Kiyoshi Takenaka and Tim Kelly TOKYO (Reuters) -Sony Group Corp on Friday said PlayStation 5 sales will jump by…
Amazon sees cloud slowdown in April, shares erase gains
By Akash Sriram, Jeffrey Dastin and Arriana McLymore (Reuters) -Amazon.com Inc signaled on Thursday its long lofty cloud growth would…
STMicroelectronics, GlobalFoundries win EU approval for French chip factory
BRUSSELS (Reuters) – Chipmakers STMicroelectronics and GlobalFoundries secured EU approval on Friday to build a chip factory with French state…
Mega tech stocks lure back investors for all seasons :Mike Dolan
By Mike Dolan LONDON (Reuters) -After a torrid 2022 for its stock prices, it seems Big Tech can do no…
ECB’s Villeroy and Knot put bank rule changes on the table
STOCKHOLM (Reuters) – Euro zone bank regulators should consider tweaking a raft of rules, from how much cash banks should…
U.S. and South Korea agree to minimise chipmakers’ uncertainties on subsidy requirements -ministry
SEOUL (Reuters) – The U.S. secretary of commerce and her South Korean counterpart agreed to “minimise uncertainties” of chipmakers’ investments…
FTC chair met UK antitrust officials last week but did not talk deals
WASHINGTON (Reuters) – Federal Trade Commission Chair Lina Khan met with the heads of other antitrust enforcers, including Britain’s, last…
Intel says margins will recover in second half of 2023, shares rise
By Chavi Mehta, Stephen Nellis and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday said slumping gross margins will…