Day: June 29, 2020

Sara, Sonia, Sofia: Spotify plans local versions of hit podcast ‘Sandra’

(Reuters) – Spotify Technology on Tuesday plans to announce local language adaptations of a popular scripted podcast as part of the Swedish music streaming company’s strategy to appeal to a wider global audience.

FILE PHOTO: The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2018. REUTERS/Brendan McDermid

The first show, available globally on July 7, will be Sandra, a scripted podcast released in 2018 by Gimlet, later bought by Spotify, and will be released in France, Germany, Mexico and Brazil.

The new format is far more ambitions than translating shows into local languages, Spotify said. Its producers have altered scripts, changed the names of characters for local taste, context and feel, and features known stars in those countries.

“In many cases when you have a translation done, it doesn’t allow you to bring in the

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UK markets watchdog lifts restrictions on Wirecard

LONDON (Reuters) – Britain’s Financial Conduct Authority said late on Monday it would lift restrictions on German payments company Wirecard AG, allowing it to resume operations.

FILE PHOTO: The headquarters of Wirecard AG, an independent provider of outsourcing and white label solutions for electronic payment transactions is seen in Aschheim near Munich, Germany April 25, 2019. REUTERS/Michael Dalder/File Photo

The markets watchdog imposed restrictions on the company’s UK unit after its collapse last week.

“We have been working closely with Wirecard UK and other authorities over the last few days to ensure that the firm was able to meet certain conditions required to lift the restrictions we imposed on it,” the regulator said. (bit.ly/2YHMxSX)

Several British fintech firms were forced to suspend services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked.

“Customers will now, or very shortly, be able to use their cards

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Micron to shift some chip supply to data centers as cloud powers earnings beat

FILE PHOTO: The logo of U.S. memory chip maker MicronTechnology is pictured at their booth at an industrial fair in Frankfurt, Germany, July 14, 2015. REUTERS/Kai Pfaffenbach/File Photo GLOBAL BUSINESS WEEK AHEAD

(Reuters) – Micron Technology Inc on Monday forecast current-quarter revenue above Wall Street estimates as home-bound employees and students spur demand for its chips that power notebooks and data centers, sending its shares up 6% in after-market trading.

As lockdowns ease globally, chipmakers stand to benefit from the pent-up demand for smartphones, particularly 5G phones, in addition to the rapid shift to remote work and online learning, boosting demand for DRAM chips.

The work-from-home boom has also driven demand for data center chips, with Micron, one of the biggest DRAM chip suppliers, working to sell more profitable solid-state storage drives rather than the raw NAND memory chips that go into the drives. The company said sales of the

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Tesla’s Musk calls on workers to help company break even in second quarter

FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke

(Reuters) – Tesla Inc (TSLA.O) chief Elon Musk in an internal email called on employees to work hard to allow the electric car maker to break even in the second quarter despite the coronavirus pandemic.

The rallying cry has become a familiar theme in recent quarters at Tesla, with Musk calling on employees to quickly build and deliver vehicles at the end of the quarter to achieve specific targets.

“Breaking even is looking super tight. Really makes a difference for every car you build and deliver. Please go all out to ensure victory!” Musk wrote in the Monday email seen by Reuters.

Electric vehicle site Electrek first reported the news.

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