Tokyo - CybAI news

19 Aug

Uber-Backed E-Scooter Startup Lime Enters Japan After Korea Exit

stp2y0 CommentsRAG modelsAIRBNB INC-CLASS A, business, cities, Government, hyperdrive, japan, LIME SARL, LUUP KK, regulation, startups, Technology, Tokyo, UBER TECHNOLOGIES INC

Uber Technologies Inc.-backed Lime is entering Japan’s growing e-scooter ride market in a foray that pits the San Francisco-based startup against homegrown Luup KK.Lime, which has a global fleet of around 200,000 e-bikes and scooters, on Monday launched its service in some of Tokyo’s most densely populated neighborhoods of Shibuya, Shinjuku, Meguro and Setagaya wards. Lime now has around 200 electric scooters and more than 40 recharging ports. Tokyo-based Luup, which controls more than 90% of the domestic market in terms of ride mileage, operates 9,100 ports. Source link lol

13 Aug

Paris Olympics Average 30.6 Million Viewers, 82% Bump From Tokyo

stp2y0 CommentsRAG modelsCOMCAST CORP-CLASS A, Eiffel Tower, Generic 1st 'GC' Future, media, NETFLIX INC, Paris, screentime, sports, Technology, Tokyo, United States, WALT DISNEY CO/THE

About 30.6 million people on average watched the Paris Olympics on Comcast Corp.’s US media outlets each day, an 82% increase from the Tokyo Olympics.The number includes the NBC broadcast network, cable channels such as USA and the Peacock streaming service, NBC Sports said in a release on Monday. Sunday’s closing ceremony attracted a US audience of 20.8 million, more than double Tokyo’s. Source link lol

08 Aug

Tokyo Electron Ups Forecast After AI Demand Helps Earnings Beat

stp2y0 CommentsRAG modelsartificial intelligence, Asia, ASML HOLDING NV, china, Earnings, Economic Sanctions, Exports, Technology, Tokyo, TOKYO ELECTRON LTD, Washington

Tokyo Electron Ltd. raised its profit forecast for the fiscal year to March after reporting a better-than-expected surge in sales.The Japanese provider of semiconductor-patterning systems said it sees operating profit for the full year reaching ¥627 billion ($4.3 billion), up 8% from its previous guidance. Revenue in the June quarter was ¥555 billion, beating the analyst consensus of ¥500 billion and snapping a streak of year-on-year declines dating back to 2022. Operating profit for the period was ¥165.7 billion, also above expectations. Source link lol

06 Aug

SoftBank to Log Slim Profit Ahead of Masayoshi Son’s Next AI Bet

stp2y0 CommentsRAG modelsartificial intelligence, Earnings, GRAPHCORE LTD, JULY SARL/CAEN, Masayoshi Son, SOFTBANK GROUP CORP, startups, stocks, Technology, Tokyo, Wealth

SoftBank Group Corp. is likely to report a small profit, an indication of how past mistakes continue to weigh on the company even as billionaire founder Masayoshi Son prepares his next big AI bet.Emerging from a month of sharp selloffs, the Tokyo-based investment firm on Wednesday is expected to report a net income of ¥1 billion ($6.9 million) for the June quarter, according to the average of three analysts polled. That compares with a big loss of ¥477.6 billion a year ago, but is tiny compared with profits in the preceding two quarters, attesting to the continued drag from hundreds…