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Archive

Technology

Monday, January 20, 2020

Dutch tech firm caught in US-China row
Technology

Dutch tech firm caught in US-China row

Dutch computer chip machine manufacturer ASML found itself on Friday at the centre of a row between Beijing and Washington over the delivery of a hi-tech system to China. ASML has been waiting since June for Dutch government approval to deliver one of its
Published 20 Jan, 2020 12:00am
Cyber security firm McAfee hires new CEO
Technology

Cyber security firm McAfee hires new CEO

McAfee LLC told Reuters on Thursday it has hired Peter Leav, the former CEO of BMC Software, as its new CEO, replacing Chris Young, who created the cyber security company in its current form by carving it out of Intel Corp four years ago. The move gives M
Published 20 Jan, 2020 12:00am
Musk near $346 million payday as Tesla market value soars
Technology

Musk near $346 million payday as Tesla market value soars

Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker's stock more than doubled in the last three months. Shares of Tesla surged 9 percen
Published 20 Jan, 2020 12:00am
Profits flat at India's TCS despite strong Europe demand
Technology

Profits flat at India's TCS despite strong Europe demand

India's largest software exporter Tata Consultancy Services (TCS) said on Friday that its quarterly net profits rose just 0.2 percent, missing estimates despite robust demand from European clients. The Mumbai-based firm said its consolidated net profit ro
Published 20 Jan, 2020 12:00am