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Tech News
/ 5 months agoFigma sheds $11 billion in market value days after blockbuster IPO
Shares of Figma slumped 23% on profit taking on Monday, as euphoria over the design software firm waned days after its...
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Tech News
/ 5 months agoAmazon overhauls Wondery podcast studio, cuts 110 jobs
Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as “Business Wars” to Audible and consolidating...
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Tech News
/ 5 months agoKaynes Tech unit to invest $570 million in India’s Tamil Nadu state
Kaynes Technology India said on Monday its unit will invest roughly 49.95 billion rupees ($570.40 million) over the next six years...
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Tech News
/ 5 months agoExclusive: Genstar explores $5 billion sale of automotive software maker OEConnection, sources say
Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford...
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Tech News
/ 5 months agoBosch’s India unit posts higher quarterly profit on strong auto parts sales
Bosch reported a higher first-quarter profit on Monday, helped by strong sales of spare auto parts to passenger and off-highway vehicles...
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Tech News
/ 5 months agoOnsemi posts quarterly revenue drop, sees dull third-quarter profit on market uncertainty
U.S. automotive chipmaker Onsemi on Monday forecast lackluster profit for the third quarter, after reporting a sharp decline in second-quarter revenue,...
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Tech News
/ 5 months agoTower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for its chips...
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Tech News
/ 5 months agoSatellite firm SES wins $90 million contract to support U.S. Army
SES has won an $89.6 million contract to provide its commercial satellite communications (COMSATCOM) services to the U.S. army, the European...
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Tech News
/ 5 months agoSpotify to hike premium subscription price in select markets from September
Spotify said on Monday it would increase the monthly price of its premium individual subscription in select markets from September, as...
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Tech News
/ 5 months agoPeter Thiel-backed Bullish seeks up to $4.2 billion valuation in US IPO
Crypto exchange Bullish is targeting a valuation of up to $4.23 billion in its United States listing, the company said in...
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