Biden steadies ship while setting up impending clash with Warren

After two sets of Democratic presidential debates, it appears that Joe Biden and Elizabeth Warren, at least at the moment, are two high-speed trains on a collision course.

from Reuters: U.S. https://ift.tt/2ZrHTqg

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Sharp posts lower-than-expected profit as trade gloom hits electronics demand

Sharp Corp reported a lower-than-expected quarterly operating profit, as an escalating trade war between the United States and China dampened demand for its electronics devices and television sets.

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South Korean chip giants face 'strangling' from Japanese export curbs

South Korean chipmakers are hitting a dead end in their quest to find alternatives for key Japanese materials that have been slapped with export restrictions, raising the prospect of major disruption to their operations in the coming months.

from Reuters: Technology News https://ift.tt/2LSz9GB

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Infineon confirms thrice-reduced guidance, Cypress deal on track

German chipmaker Infineon said on Thursday it expected to meet its thrice-lowered guidance for the business year to Sept. 30 as it reported fiscal third-quarter sales and profit that were in line with market expectations.

from Reuters: Technology News https://ift.tt/2GGn7Ml

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Biden debate gaffe sends viewers in digital circles

Minutes after Democratic presidential front-runner Joe Biden bungled his closing statement in Wednesday's debate by telling voters to go to a campaign website that did not exist, a college student was using the URL for a spoof election bid.

from Reuters: U.S. https://ift.tt/2K9k5C8

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Zalando lifts profit forecast as site visits soar

Zalando, Europe's biggest online-only fashion retailer, raised its full-year profit outlook on Thursday after it reported a big jump in the number of visits to its site and orders in the second quarter.

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Chinese drugmaker Chipscreen's STAR Market IPO sees feverish demand

Shenzhen Chipscreen Biosciences, which plans to list on China's red-hot new tech board, said its newly issued shares were almost 3,000-times oversubscribed among retail investors, despite an eye-popping offer pricing of 468-times earnings.

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Biden faces fierce attacks, fights back in combative Democratic debate

Democratic presidential front-runner Joe Biden came under heavy fire over healthcare, immigration and criminal justice reform on Wednesday, but fought back against a stage full of rivals eager to knock him off his perch during a contentious debate.

from Reuters: U.S. https://ift.tt/2KajQHb

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Democrats pass up chance to dent GM on job cuts in Detroit debates

Detroit-based General Motors Co emerged from two days of Democratic debates in its hometown largely unscathed as 2020 White House hopefuls largely passed up an opportunity to criticize it for significant job cuts in recent months.

from Reuters: U.S. https://ift.tt/2Yy8qoJ

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Chinese startup Xiaohongshu's app pulled from China Android stores

Chinese startup Xiaohongshu, which allows users to post product reviews and share shopping experiences, said on Thursday it will conduct a self-examination and correct its content after its app was removed from Android stores in China this week.

from Reuters: Technology News https://ift.tt/2GET1su

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Revolut launches free share trading in Europe

Digital finance business Revolut is launching a fee-free share-trading service in the UK and Europe on Thursday, seeking a slice of the brokerage-controlled market to continue the company's rapid expansion.

from Reuters: Technology News https://ift.tt/2KgQ3LU

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Democratic debate highlights: Biden the favored target

Democratic front-runner Joe Biden was again the main target of his rivals at the second presidential debate on Wednesday, as many of the nine other candidates on stage took aim at his track record on race, criminal justice, immigration and healthcare.

from Reuters: U.S. https://ift.tt/2ZodeKx

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Amazon in talks to buy stake in India's Reliance Retail: ET

Amazon.com Inc is in exploratory talks with Reliance Industries Ltd-owned Reliance Retail for buying up to 26% stake in India's biggest brick-and-mortar retailer, the Economic Times (ET) reported (https://ift.tt/2yw9mLq) on Thursday.

from Reuters: Technology News https://ift.tt/2GFabGe

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