Category Archives: (KFGO The Mighty 790) Technology
Cybertrucks, new factories in focus as Tesla set to report record earnings
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla Inc is expected to post record revenue on Wednesday, but analysts and investors are focusing on how fast Tesla can scale up production at two new factori...
Jan 25, 2022
U.S. set to release study details on chips shortage amid funding push
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department is expected to soon release details from a study of semiconductor chips it conducted last year amid a push to win funding to boo...
Jan 25, 2022
Nvidia preparing to abandon acquisition of Arm – Bloomberg News
(Reuters) -Nvidia Corp is preparing to abandon its purchase of Arm Ltd from SoftBank Group Corp after offering about $40 billion for the British company in 2020, Bloomberg News reported https://www.bl...
Jan 25, 2022
Toyota to produce record 11 million cars in fiscal 2022 if chip supply stable – Nikkei
TOKYO (Reuters) - Toyota Motor Corp plans to produce record a 11 million cars in the fiscal year of 2022 as long as chip supplies are stable, the Nikkei newspaper reported on Tuesday. (Reporting by Ro...
Jan 25, 2022
Bridgepoint sells Element Materials Technology to Temasek
By Emma-Victoria Farr LONDON (Reuters) -Singaporean investor Temasek has acquired Element Materials Technology Group from Bridgepoint for an undisclosed amount, the private equity firm said on Tuesday...
Jan 25, 2022
Maruti Suzuki India net profit falls 48% in third quarter
BENGALURU (Reuters) - India's top car maker Maruti Suzuki India Ltd posted a 48% fall in third-quarter net profit on Tuesday, as a global chip shortage slowed production and high material costs squeez...
Jan 25, 2022
Volkswagen and Bosch to collaborate on automated driving software
BERLIN(Reuters) - Volkswagen's software subsidiary Cariad and autos supplier Bosch have formed a partnership to develop software for automated driving to use in Volkswagen's passenger vehicles, the co...
Jan 25, 2022
UiPath’s success fires up Romania’s unicorn dreams
By Luiza Ilie and Michael Kahn BUCHAREST/PRAGUE (Reuters) - When Romanian software maker UiPath achieved unicorn status as a billion-dollar company in March 2018, Sergiu Negut knew immediately that th...
Jan 25, 2022
Abu Dhabi’s Chimera closes second venture capital fund at $10 billion
By Yousef Saba DUBAI (Reuters) - Abu Dhabi investment firm Chimera Capital said on Tuesday it closed its second venture capital (VC) fund at $10 billion, as it looks to find multi-million dollar oppor...
Jan 25, 2022
Exclusive-Chinese fashion retailer SHEIN revives plan for New York listing in 2022-sources
By Kane Wu, Fanny Potkin and Scott Murdoch HONG KONG/SINGAPORE (Reuters) - Chinese fashion retailer SHEIN is reviving plans to list in New York this year and its founder is considering a citizenship c...
Jan 25, 2022
