Technology

Nokia to team up with YADRO to build 4G, 5G base stations in Russia

Nokia (NOKIA.HE) and Russia’s YADRO plan to set up a joint venture to build 4G and 5G telecom base stations in Russia, the two equipment makers said on Wednesday, as a deadline for building networks using only Russian equipment approaches.

Robotics maker AutoStore doubles revenue, warns of margin impact

AutoStore (AUTO.OL) faces tight supply of certain components that will impact earnings margins in the short term, the Norwegian robotics company said on Wednesday after posting a 95% surge in third-quarter revenue to $84.7 million.

Singapore bank DBS in day two of its biggest tech outage in a decade

DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s largest bank, faced disruption in its online banking services for the second consecutive day on Wednesday, drawing the ire of customers just hours after announcing a fix after the first day of outage.

Samsung to pick Taylor, Texas, for its $17 bln chip plant – WSJ

South Korean tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.

Citigroup to create 100 roles in digital asset push

Citigroup (C.N) is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the U.S. bank said on Tuesday.

Nvidia forecasts upbeat revenue on metaverse hopes

Nvidia Corp (NVDA.O) forecast fourth-quarter revenue above analysts’ expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and the metaverse.

Google signs 5-year deal to pay for news from AFP

Alphabet Inc’s Google will begin paying Agence France-Presse for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law.

Nokia to team up with YADRO to build 4G, 5G base stations in Russia

Nokia (NOKIA.HE) and Russia’s YADRO plan to set up a joint venture to build 4G and 5G telecom base stations in Russia, the two equipment makers said on Wednesday, as a deadline for building networks using only Russian equipment approaches.

Robotics maker AutoStore doubles revenue, warns of margin impact

AutoStore (AUTO.OL) faces tight supply of certain components that will impact earnings margins in the short term, the Norwegian robotics company said on Wednesday after posting a 95% surge in third-quarter revenue to $84.7 million.

Singapore bank DBS in day two of its biggest tech outage in a decade

DBS Group Holdings Ltd (DBSM.SI), Southeast Asia’s largest bank, faced disruption in its online banking services for the second consecutive day on Wednesday, drawing the ire of customers just hours after announcing a fix after the first day of outage.

Samsung to pick Taylor, Texas, for its $17 bln chip plant – WSJ

South Korean tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.

Citigroup to create 100 roles in digital asset push

Citigroup (C.N) is looking to create 100 roles focused on digital assets including blockchain and digital currencies at its institutional division, the U.S. bank said on Tuesday.

Nvidia forecasts upbeat revenue on metaverse hopes

Nvidia Corp (NVDA.O) forecast fourth-quarter revenue above analysts’ expectations on Wednesday, betting on growth in its data center business as more internet companies set out to invest in artificial intelligence and the metaverse.

Google signs 5-year deal to pay for news from AFP

Alphabet Inc’s Google will begin paying Agence France-Presse for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law.

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