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SoftBank telco suffers rare Japan drop on debut after record IPO

51 mins ago DieselGasoil Comments Off on SoftBank telco suffers rare Japan drop on debut after record IPO
TOKYO (Reuters) – SoftBank Corp (9434.T) shares slumped more than 12 percent on debut, as investor appetite for Japan’s biggest ever IPO was hurt by a recent service outage at the telecoms operator and worries over its exposure to Chinese telecoms gear maker Huawei. SoftBank Corp. President and CEO Ken Miyauchi smiles as he rings Read More

Micron sales, profit miss estimates as chip glut hurts prices

3 hours ago DieselGasoil Comments Off on Micron sales, profit miss estimates as chip glut hurts prices
(Reuters) – U.S. chipmaker Micron Technology Inc (MU.O) gave on Tuesday quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening. Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their fair booth at Read More

Pro-Israel bully Nikki Haley claims Trump's peace plan is actually better for Palestine

3 hours ago DieselGasoil Comments Off on Pro-Israel bully Nikki Haley claims Trump's peace plan is actually better for Palestine
US ambassador to the UN Nikki Haley has touted the much-hyped but yet unreleased US peace plan for the Middle East as a boon for Palestine – despite that they have already rejected the plan, calling it the “slap of the century.” At her last UN Security Council meeting on Tuesday, the outgoing US envoy Read More

Micron sales miss target as chip glut hurts prices

6 hours ago DieselGasoil Comments Off on Micron sales miss target as chip glut hurts prices
(Reuters) – U.S. chipmaker Micron Technology Inc (MU.O) on Tuesday gave quarterly sales and profit forecasts well below Wall Street estimates, citing a market glut of memory chips as consumer and business demand for phones and computers is weakening. Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their fair booth at Read More

Micron misses sales estimates as chip supply glut hurts prices

8 hours ago DieselGasoil Comments Off on Micron misses sales estimates as chip supply glut hurts prices
Memory chip parts of U.S. memory chip maker MicronTechnology are pictured at their fair booth at an industrial fair in Frankfurt, Germany, July 14, 2015. REUTERS/Kai Pfaffenbach/File Photo (Reuters) – U.S. chipmaker Micron Technology Inc (MU.O) on Tuesday missed Wall Street estimates for quarterly revenue, hurt by falling prices for its memory chips due to Read More

U.S. Well Services Inc. Announces Receipt of Delisting Notice and Remediation Plan

8 hours ago DieselGasoil Comments Off on U.S. Well Services Inc. Announces Receipt of Delisting Notice and Remediation Plan
HOUSTON, Dec. 18, 2018 (GLOBE NEWSWIRE) — On December 12, 2018, U.S. Well Services, Inc. (the “Company”) (NASDAQ: USWS) received a written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Listing Rules 5505(a)(3) and 5515(a)(4), which require the Company to have at least 300 Read More

Xiaomi told to be clearer after £1 phone complaints

8 hours ago DieselGasoil Comments Off on Xiaomi told to be clearer after £1 phone complaints
The UK’s advertising watchdog has told Xiaomi to be clearer about how it promotes future sales, following complaints about a £1 smartphone offer. The regulator said it had received 24 complaints from the public after a promotion organised to mark the company’s debut in the UK in November. Consumers were unhappy that even if they Read More

SoftBank alum unveils 'affectionate' companion robot in Japan

8 hours ago DieselGasoil Comments Off on SoftBank alum unveils 'affectionate' companion robot in Japan
TOKYO (Reuters) – Japanese startup Groove X, founded by an alumni of SoftBank Group Corp’s robotics unit, unveiled its first creation on Tuesday – a companion robot designed to make users happy. Children pose with Groove X’s Lovot at its demonstration during the launching event in Tokyo, Japan, December 18, 2018. REUTERS/Kim Kyung-Hoon The Lovot, Read More

Arm Holdings unveils chip aimed at self-driving car sensors

8 hours ago DieselGasoil Comments Off on Arm Holdings unveils chip aimed at self-driving car sensors
SAN FRANCISCO (Reuters) – Arm Holdings, the chip technology firm owned by SoftBank Group Corp, on Tuesday pushed deeper into the automotive world with chip aimed at handling the streams of sensor data expected to help self-driving cars eventually navigate the roads, pushing further into turf being contested by Intel Corp and others. Arm’s newest Read More

EU backs duties on imports of e-bikes from China: EU sources

8 hours ago DieselGasoil Comments Off on EU backs duties on imports of e-bikes from China: EU sources
A man wearing a face mask rides an electric bicycle near the financial district of Pudong amid heavy smog in Shanghai, China, December 23, 2015. REUTERS/Aly Song – D1BESCXVYEAA BRUSSELS (Reuters) – EU governments voted on Tuesday to impose duties on Chinese electric bicycles to curb cheap imports that European producers say benefit from unfair Read More