Category Archives: (KFGO The Mighty 790) Technology
Exclusive: Alibaba’s Freshippo seeks funds at much lowered $6 billion valuation – sources
By Kane Wu HONG KONG (Reuters) - Alibaba's supermarket chain Freshippo is seeking to raise funds at a valuation of about $6 billion, much lower than a hoped-for valuation of up to $10 billion earlier ...
Jul 12, 2022
Factbox – Singapore’s rise, and falter, as Asia cryptocurrency hub
By Alun John and Chen Lin HONG KONG/SINGAPORE (Reuters) - Singapore's burgeoning cryptocurrency sector has been shaken by the recent collapse of Three Arrows Capital, a cryptocurrency hedge fund, and ...
Jul 12, 2022
Singapore’s crypto aspirations shaken by Three Arrows collapse
By Alun John and Chen Lin HONG KONG/SINGAPORE (Reuters) - Singapore's ambitious cryptocurrency sector, by some measures Asia-Pacific's largest, faces an uncertain future after the recent collapse of c...
Jul 12, 2022
Renault: expects higher production of semi-conductors in second half of this year
PARIS (Reuters) - French carmaker Renault is seeing some improvement regarding the availability of semi-conductors and expects the level of production of semi-conductors to be significantly higher in ...
Jul 12, 2022
Plus500 sees annual revenue, profit above market estimates
(Reuters) - Plus500 on Tuesday forecast its annual revenue and profit ahead of market expectations, as online trading platforms benefited from a surge in market volatility on the back of the Russia-Uk...
Jul 12, 2022
Cryptoverse: Shrimps and whales keep bitcoin afloat
By Lisa Pauline Mattackal and Medha Singh (Reuters) - The shrimps of the crypto world have joined the whales in a glorious last stand to banish the bleak bitcoin winter. These two contrasting groups a...
Jul 12, 2022
German ‘insurtech’ Wefox valued at $4.5 billion after latest fund raising
MUNICH (Reuters) - Digital insurance startup Wefox said on Tuesday it had raised $400 million from investors, valuing the "insurtech" business at $4.5 billion. Abu Dhabi state investor Mubadala Invest...
Jul 11, 2022
Taiwan ‘happy’ to see chip investment in EU, wants deeper ties
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) - Taiwan would be "happy" to see its chip firms invest in the European Union but deeper ties with the bloc akin to Taipei's relations with Washington c...
Jul 11, 2022
Rocket booster bursts into flames at SpaceX plant during test firing
(Reuters) - A booster rocket developed by Elon Musk's SpaceX for its next-generation Starship spacecraft burst into flames during a ground-test firing on Monday in Texas, dealing a likely setback to M...
Jul 11, 2022
Hyundai Motor to build first fully dedicated EV factory in S.Korea – union
SEOUL (Reuters) - South Korea's Hyundai Motor Co plans to build its first fully dedicated electric vehicle (EV) factory in South Korea, targeting production by 2025, the automaker's union said on Tues...
Jul 11, 2022
Sat Aug 15
Green Bay, WI, USA
77°FFeels Like: 77°F
Wind/Dir: 21 MPH-SE
Humidity: 61%
