Category Archives: (KFGO The Mighty 790) Technology
Nikola posts wider quarterly loss as production costs rise
(Reuters) -Nikola Corp reported wider quarterly losses on Thursday, with the electric-truck maker incurring higher costs as it ramped up production of its electric semi trucks. Electric vehicle compan...
May 05, 2022
What does Musk want with Twitter? Check out his tweets for clues
(Reuters) - Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter ...
May 05, 2022
Chipmaker MaxLinear to buy Silicon Motion Technology in $3.8 billion deal
(Reuters) -Chipmaker MaxLinear Inc said on Thursday it will buy Taiwan-based Silicon Motion Technology for $3.8 billion in a cash-and-stock deal. The offer price of $114.34 per share is at a 41% premi...
May 05, 2022
Volkswagen to invest 10 billion euros to make electric vehicles in Spain
SAGUNTO, Spain (Reuters) - German car maker Volkswagen AG plans to invest 10 billion euros ($10.59 billion) to make electric vehicles and batteries in Spain, its Chief Executive Herbert Diess said on ...
May 05, 2022
Aptiv profit tanks 74% on supply chain snags, higher costs
(Reuters) - Aptiv Plc posted lower first-quarter profit on Thursday, as surging raw material prices and a shortage of electrical components hindered the auto part supplier's deliveries in the quarter....
May 05, 2022
ProSieben CEO: no details from top investor MFE on possible takeover
BERLIN (Reuters) -ProSiebenSat.1's top investor, MediaForEurope (MFE), so far has not told the German media group what its strategic goals are for its stake in the German media group, according to Pro...
May 05, 2022
Musk secures over $7 billion funding from investors including Larry Ellison
(Reuters) -Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter I...
May 05, 2022
Factbox-How companies account for remote work in their carbon footprints
By Paresh Dave (Reuters) - Reuters surveyed 20 large companies that both report their carbon footprints and embrace remote work about whether they estimate carbon emissions from employees' home office...
May 05, 2022
Companies confront a new climate challenge: home offices
By Paresh Dave (Reuters) - Tech and financial companies leading efforts to cut climate changing emissions are finding a new challenge from remote work: the CO2 spewing out of home offices. A few compa...
May 05, 2022
China’s CATL says gross profit margins to improve after raising prices
SHANGHAI (Reuters) -Chinese battery maker CATL said on Thursday that its gross profit margins are set to improve as it will raise prices in the second quarter, while suppliers of raw materials will ea...
May 05, 2022
