Category Archives: (KFGO The Mighty 790) Technology
EV maker Lucid files for mixed shelf offering of up to $8 billion
(Reuters) - Lucid Group Inc on Monday filed for a mixed shelf offering of up to $8 billion as the electric-vehicle maker looks to beef up working capital at a time when supply snarls have crimped its ...
Aug 29, 2022
Software firm Corcentric, SPAC North Mountain end $1.2-billion deal
(Reuters) - Software firm Corcentric and blank-check firm North Mountain Merger Corp said on Monday they would terminate their $1.2-billion merger deal, in yet another sign that the SPAC boom has fizz...
Aug 29, 2022
Tesla hit with proposed class action over phantom braking issue
By Tom Hals and Hyunjoo Jin WILMINGTON, Del./SAN FRANCISCO (Reuters) - A California owner of a Tesla Model 3 sued the electric vehicle maker in a proposed class action over cars suddenly stopping for ...
Aug 29, 2022
U.S board: ‘Unlawful’ for Tesla to prevent employees from wearing union shirts
WASHINGTON (Reuters) - The National Labor Relations Board (NLRB) on Monday said it was unlawful for Tesla to prohibit employees from wearing shirts bearing union insignia. In a 3-2 decision, the NLRB ...
Aug 29, 2022
EV startup Faraday Future refutes claims made by top shareholder
(Reuters) - Faraday Future Intelligent Electric Inc on Monday refuted claims made by the electric vehicle startup's largest shareholder regarding its rights as a stakeholder. Earlier this month top sh...
Aug 29, 2022
Bankrupt Infowars parent company drops opposition to upcoming Sandy Hook defamation trial
By Dietrich Knauth (Reuters) - The parent company of far-right website Infowars will face a second defamation trial stemming from the company's repeated false claims that the deadly 2012 Sandy Hook el...
Aug 29, 2022
Rogers’ bond revision set to move forward after dissenters fail to rally votes
By Divya Rajagopal TORONTO (Reuters) - A group of Rogers Communications bond holders have failed to win enough votes to force changes to the company's proposal to delay redemption of its $9.35 billion...
Aug 29, 2022
Central African Republic top court blocks purchases with new cryptocurrency
BANGUI (Reuters) - Central African Republic's Constitutional Court on Monday ruled that the purchase of citizenship, "e-residency" and land using a cryptocurrency the government launched last month wa...
Aug 29, 2022
Republican Rubio slams U.S. approval of chip deal involving firm with China ties
WASHINGTON (Reuters) - Republican Senator Marco Rubio took aim on Monday at U.S. regulatory approval of a bid by chip intellectual property company Alphawave to purchase U.S.-based OpenFive, alleging ...
Aug 29, 2022
Microsoft cloud computing changes to allay EU antitrust concerns effective Oct. 1
By Foo Yun Chee BRUSSELS (Reuters) - Amended licensing deals and other changes making it easier for cloud service providers to compete will take effect on Oct. 1, Microsoft Corp said on Monday, a move...
Aug 29, 2022
