Category Archives: (KFGO The Mighty 790) Technology
Insurtech investment drops by half in Q2-report
LONDON (Reuters) - Global investment in insurance technology firms totalled $2.41 billion in the second quarter, down 50% from a year earlier, as investors grew nervous about frothy valuations, broker...
Aug 04, 2022
China’s memory upstart YMTC edges closer to rivals with 232-layer chip
(Corrects Reuters Instrument Code in paragraph 10) By Josh Horwitz SHANGHAI (Reuters) -Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) on Wednesday announced new memory chip technology tha...
Aug 04, 2022
Exclusive-Samsung workers in Vietnam bear brunt of slowdown in global demand for electronics
By Phuong Nguyen THAI NGUYEN, Vietnam (Reuters) - Samsung Electronics Co Ltd has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple w...
Aug 04, 2022
Zalando reports 58% drop in adj. EBIT, sees more profit in H2
BERLIN (Reuters) - Online fashion retailer Zalando on Thursday reported a 58% drop in second-quarter adjusted earnings before interest and tax but said it expected higher profitability in the second h...
Aug 04, 2022
Elon Musk’s Twitter countersuit due by Friday as acrimony grows
By Jonathan Stempel (Reuters) - Twitter Inc and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger, couldn't even agree on how much to tell t...
Aug 03, 2022
U.S. Paystand, Mexico’s Yaydoo merge, to offer blockchain platform
MEXICO CITY (Reuters) - Tech startups Paystand and Yaydoo announced on Wednesday a merger to make way for a blockchain platform focused on cash flow management and liquidity solutions to businesses in...
Aug 03, 2022
Coinbase ex-manager pleads not guilty to insider trading charges
NEW YORK (Reuters) -Ishan Wahi, a former product manager at Coinbase Global Inc, pleaded not guilty on Wednesday to wire fraud charges in what U.S. prosecutors called the first insider trading case in...
Aug 03, 2022
U.S. ITC investigates video device makers over alleged patent violations -statement
WASHINGTON (Reuters) - The U.S. International Trade Commission said on Wednesday it would investigate companies including Lenovo and Acer after receiving a complaint they violated U.S. law by selling ...
Aug 03, 2022
Crypto winter may temper fintech earnings
By Manya Saini and Niket Nishant (Reuters) - Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase and Block, as a chill in the cryptocurrency market adds more pain to t...
Aug 03, 2022
Senate bill would hand bitcoin, ether oversight to commodities regulator
By Pete Schroeder WASHINGTON (Reuters) - A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The m...
Aug 03, 2022
