Category Archives: (KFGO The Mighty 790) Technology
Self-driving tech firm Cruise to raise $1.35 billion from SoftBank as it readies robotaxis
(Reuters) - Self-driving tech firm Cruise on Tuesday said investor SoftBank Group Corp's Vision Fund has agreed to invest an additional $1.35 billion through a second tranche, as it is working to laun...
Syndicated Content Feb 01, 2022
Epic Games invests in Spire Animation’s funding round, eyes metaverse boom
(Reuters) - Los Angeles-based Spire Animation Studios said on Tuesday it raised $20 million in a funding round, which included an investment from Fortnite-maker Epic Games to collaborate and build met...
Syndicated Content Feb 01, 2022
Joe Rogan row puts cost of Spotify podcasts under investor microscope
By Supantha Mukherjee and Elizabeth Culliford (Reuters) - Spotify investors will focus on how much its 'Netflix for audio' strategy is costing the streaming service when it reports fourth-quarter resu...
Syndicated Content Feb 01, 2022
Loadsmart valuation hits over $1 billion after SoftBank-led funding round
(Reuters) - Freight tech firm Loadsmart Inc said on Tuesday it was valued at $1.3 billion in its latest funding round, led by SoftBank Latin America Fund and funds managed by BlackRock Inc. The compan...
Syndicated Content Feb 01, 2022
Russia’s Sberbank launches mobile money transfers to China
MOSCOW (Reuters) - Russia's largest lender Sberbank on Tuesday said it had launched money transfers to Alipay wallets in China using phone numbers. State-controlled Sberbank, which has customers in 18...
Syndicated Content Feb 01, 2022
Greek tech fund PJ Catalyst sells Pollfish unit to U.S.-based Prodege
ATHENS (Reuters) - Greek technology fund PJ Tech Catalyst, backed by Piraeus Bank and the European Investment Fund, has agreed to sell its market research unit Pollfish to U.S.-based marketing and con...
Syndicated Content Feb 01, 2022
Reddit co-founder Ohanian’s venture capital firm raises $500 million
(Reuters) - Reddit co-founder Alexis Ohanian said on Tuesday his venture capital firm 776 Management LLC has raised more than $500 million across two new funds. The firm was launched in 2020 and has i...
Syndicated Content Feb 01, 2022
Saudi Arabia announces $6.4 billion investments in future tech
By Aziz El Yaakoubi RIYADH (Reuters) - Saudi Arabia has launched investments worth $6.4 billion in future technologies, the Saudi minister of communication and information technology said on Tuesday, ...
Syndicated Content Feb 01, 2022
Some cars’ systems designed to keep drivers’ eyes on the road fail – AAA study
By Tina Bellon (Reuters) - Some vehicles equipped with automated assistance technology aimed at keeping drivers alert and watching the road fail at that job, an American Automobile Association study f...
Syndicated Content Feb 01, 2022
Adtech firm MNTN raises $119 million in BlackRock, Fidelity-led round
(Reuters) - MNTN, an adtech company specializing in Connected TV (CTV), has raised $119 million in a funding round co-led by asset manager BlackRock and Fidelity management and research. The company, ...
Syndicated Content Feb 01, 2022

