Tag: Reuters

Disney's Aaron LaBerge to step down, join Penn Entertainment as CTO

 stock analyst  04/23/2024  0 Comments on Disney's Aaron LaBerge to step down, join Penn Entertainment as CTO

(Reuters) – Disney Entertainment and ESPN Chief Technology Officer Aaron LaBerge would step down from the position and join gaming and sports media firm Penn Entertainment, according to a memo seen by Reuters on Monday.

Blackstone-owned Crown Resorts can keep Sydney casino licence, regulator says

 stock analyst  04/23/2024  0 Comments on Blackstone-owned Crown Resorts can keep Sydney casino licence, regulator says

SYDNEY (Reuters) – Blackstone-owned Crown Resorts was found suitable to retain its Sydney casino's licence after nearly three years of intensive remediation, a gambling regulator said on Tuesday.

China acquired top-end Nvidia AI chips despite recent US ban- Reuters

 stock analyst  04/23/2024  0 Comments on China acquired top-end Nvidia AI chips despite recent US ban- Reuters

Investing.com– Chinese entities acquired Nvidia’s most advanced artificial intelligence chips through resellers even after the U.S. last year widened a ban to restrict Chinese access to the technology, a Reuters report showed on Tuesday.

Japan's 7-Eleven convenience chain targets aggressive global growth

 stock analyst  04/23/2024  0 Comments on Japan's 7-Eleven convenience chain targets aggressive global growth

TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven convenience store chain globally, and would be accelerating its entry into Europe, Latin America, the Middle East and Africa.

Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

 stock analyst  04/23/2024  0 Comments on Vietnam's FPT to invest $200 million in AI factory using Nvidia chips

HANOI (Reuters) – Vietnam's top tech firm FPT plans to build a $200 million artificial intelligence (AI) factory using Nvidia (NASDAQ:NVDA)'s graphics chips and software, the two firms said on Tuesday.

Nidec posts unexpected quarterly loss, hit by restructuring costs

 stock analyst  04/23/2024  0 Comments on Nidec posts unexpected quarterly loss, hit by restructuring costs

TOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's electric vehicle market.