europe

Meta’s Threads Launches New Tools for Businesses and Creators

Meta’s Threads Launches New Tools for Businesses and Creators

Meta Platforms Inc.’s Threads is rolling out new features it says will make the social network more useful for businesses and digital creators. Threads users can now view data that provide insights into post metrics and follower demographics, and can write multiple drafts of posts, Meta said in a blog post Thursday. Another feature enabling users to schedule multiple posts days in advance is coming soon. The updates are being added to Threads’ web platform first and will eventually roll out on the mobile app. Source link lol
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Qualcomm Extends Sponsorship of Manchester United Until 2029

Qualcomm Extends Sponsorship of Manchester United Until 2029

Qualcomm Inc., the biggest maker of chips that run mobile phones, extended a new sponsorship deal with Manchester United Football Club until 2029, saying the tie-up is already boosting its Snapdragon brand.The logo for Snapdragon — a lineup of processors that run devices — has already been seen more than 2 billion times because of the partnership, the company said in a statementBloomberg Terminal Thursday. The US technology company acquired the rights to put the name on the front of Manchester United’s shirts and place labels of partners, including Microsoft Corp., on the back. Source link lol
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China Adds Metal Used in Ammo to List of Restricted Exports

China Adds Metal Used in Ammo to List of Restricted Exports

China is tightening its grip over global critical-mineral supplies by placing export controls on antimony, a metal used widely in ammunition and other military applications that’s seen a surge in prices this year. The country will apply the restrictions to antimony and antimony-related materials from Sept. 15 in order to safeguard national security, according to a statement from the Ministry of Commerce on Thursday. That adds to earlier controls on other critical minerals including gallium and germanium, which have set off alarm bells in Washington. Source link lol
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CK Hutchison Profit Declines as Global Headwinds Persist

CK Hutchison Profit Declines as Global Headwinds Persist

CK Hutchison Holdings Ltd. has vowed to explore more deals with long-term value to navigate increasing geopolitical and financial market risks, as the Hong Kong conglomerate reported slumping profit for the first half of the year.The group, founded by billionaire Li Ka-shing, saw net income in the first half this year fall 9% to HK$10.2 billion ($1.3 billion), it said in a filing Thursday. Total revenue rose 4% to HK$232.6 billion during this period. Source link lol
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Adyen’s Net Revenue Beats Estimates After Winning New Clients

Adyen’s Net Revenue Beats Estimates After Winning New Clients

Adyen NV’s net revenue beat estimates in the first half of the year as it added new customers and existing merchants processed more transactions through the Dutch payments company.Adyen, which handles e-commerce payments for large enterprises and through point-of-sale terminals in physical stores, said net revenue increased 24% from a year earlier to €913.4 million ($1 billion) for the six months through June. That compares with an average estimate of €908.9 million in a Bloomberg survey of analysts. Source link lol
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Lenovo’s Profit Beats as AI Demand Drives a Gradual PC Recovery

Lenovo’s Profit Beats as AI Demand Drives a Gradual PC Recovery

Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending.Net income grew 38% to $243 million in the three months ended June, Lenovo said in a filing on Thursday. That compares with an average estimate for $231 million. Revenue rose 20% to $15.4 billion. Source link lol
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Google Play ‘Can Do Better’ on Faster Antitrust Fix, Judge Says

Google Play ‘Can Do Better’ on Faster Antitrust Fix, Judge Says

A California federal judge said he will order Alphabet Inc.’s Google to open up its app store in the coming weeks and chided the tech giant for not accepting a jury verdict that it monopolized Android app distribution and billing.Jurors in December sided with the maker of the popular video game Fortnite and concluded that Google unlawfully abused its power over Android apps, which brought in $14.66 billion in revenue in 2020 for the tech company. US District Judge James Donato in San Francisco is now deciding what policy changes Google must make to comply with federal antitrust law. Source…
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InfraVia Weighing Sale of €1 Billion Swiss Data Center Operator

InfraVia Weighing Sale of €1 Billion Swiss Data Center Operator

French private equity firm InfraVia Capital Partners is considering a sale of Swiss data center operator Green, according to people with knowledge of the matter. InfraVia is working with advisers on the potential divestment, which could value the company at about €1 billion ($1.1 billion), said the people, who asked not to be identified as the information is private. Source link lol
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Apple to Open Payment Chip to Third Parties and Charge Fees

Apple to Open Payment Chip to Third Parties and Charge Fees

Apple Inc. will begin letting third parties use the iPhone’s payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform.The move, announced Wednesday, follows years of pressure from regulators, including those in the European Union. Apple said it will allow developers to use the component starting in iOS 18.1, an upcoming software update for the iPhone. The payment chip relies on a technology called NFC, or near-field communication, to share information when the phone is near another device. Source link lol
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Playtech Shares Jump 19% on Flutter Interest in Italian Unit

Playtech Shares Jump 19% on Flutter Interest in Italian Unit

Playtech Plc’s shares jumped the most in almost three years after the European gaming company confirmed reports it was in exclusive talks with Flutter Entertainment Plc on the potential sale of its Italian unit, Snaitech, for about £2 billion ($2.6 billion).The London-listed company confirmed the discussions in a statement Wednesday, following a report by Sky News. Playtech said it had granted Flutter a period of exclusivity to complete due diligence and finalize transaction documentation. Source link lol
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