Category Archives: (KFGO The Mighty 790) Technology
Biden to sign bill to boost chipmakers, compete with China Aug. 9 – White House
WASHINGTON (Reuters) - U.S. President Joe Biden next Tuesday will sign a bill to boost American semiconductor chip companies as they compete with China, the White House said on Wednesday. The legislat...
Aug 03, 2022
Robinhood shares jump as brokerage cuts jobs, posts smaller-than-feared loss
(Reuters) - Shares of Robinhood Markets rose 15% on Wednesday, a day after the commission-free brokerage announced job cuts to weather the downturn in the cryptocurrency markets and posted a smaller-t...
Aug 03, 2022
Investors swipe left on Match after Tinder CEO departure, poor forecast
(Reuters) - Match Group Inc was on track to shed a fifth of its value following the sudden departure of its Tinder unit head and a downbeat revenue forecast for the current quarter. The company, which...
Aug 03, 2022
Meme stock traders have a new favorite: Hong Kong’s AMTD Digital
By Bansari Mayur Kamdar and Medha Singh (Reuters) - Shares of AMTD Digital on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech...
Aug 03, 2022
GM doubles miles open to its Super Cruise technology
By Joseph White DETROIT(Reuters) - General Motors Co said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (64...
Aug 03, 2022
Indian agency accuses Vivo of $280 million tax evasion
By M. Sriram MUMBAI (Reuters) - An Indian government agency has accused Chinese-owned Vivo Mobile of evading taxes worth 22.1 billion Indian rupees ($280 million), it said in a statement India's Direc...
Aug 03, 2022
China’s CATL presses ahead with battery plans for North America -source
SHANGHAI (Reuters) - China's CATL, the world's largest battery maker, is pressing ahead with plans to deliver lower-cost lithium iron batteries to Ford Motor Co and with plans for battery production i...
Aug 03, 2022
India nixes privacy bill that alarmed big tech companies, works on new law
By Aditya Kalra and Aftab Ahmed NEW DELHI (Reuters) -India's government on Wednesday withdrew a controversial data protection and privacy bill which was first proposed in 2019 and had alarmed big tech...
Aug 03, 2022
BorgWarner to buy Rhombus in latest EV charging deal
(Reuters) - Auto-parts maker BorgWarner Inc said on Wednesday it would buy electric-vehicle charging provider Rhombus Energy Solutions, the latest deal in the sector as sales of eco-friendly vehicles ...
Aug 03, 2022
Ping Identity to be bought by Thoma Bravo for $2.4 billion
(Reuters) -Authentication software firm Ping Identity said on Wednesday it would bought by technology-focused investment firm Thoma Bravo for $2.4 billion. Thoma Bravo will offer $28.50 for each share...
Aug 03, 2022
