Category Archives: (KFGO The Mighty 790) Technology
Microsoft to spend $3.2b in Australia as AI regulation looms
By Byron Kaye SYDNEY (Reuters) - Microsoft said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of...
Oct 23, 2023
Vista Equity Partners to buy EngageSmart for $4 billion
(Reuters) -Payments software vendor EngageSmart said on Monday it would be taken private by Vista Equity Partners for about $4 billion, marking the latest buyout deal in the technology sector. Shares ...
Oct 23, 2023
Rakuten to invest $363 million in better frequency cell base
TOKYO (Reuters) - Japan's Rakuten Group on Monday said it would invest 54.4 billion yen ($362.81 million) to construct cellular base stations, just after the government announced it had assigned the c...
Oct 23, 2023
Tesla to exceed $9 billion spending target this year as it rolls out new models
(Reuters) - Tesla said on Monday its capital expenditure for 2023 would exceed the $7 billion to $9 billion target it had laid out earlier this year, as the electric-vehicle maker ramps up output at i...
Oct 23, 2023
France not considering nationalising Atos -ministry source
PARIS (Reuters) - France's government is not considering nationalising IT consulting group Atos, a finance ministry source said on Monday after opposition lawmakers proposed a budget bill amendment to...
Oct 23, 2023
Fortive acquires German manufacturer Elektro-Automatik for $1.45 billion
(Reuters) - Industrial technologies company Fortive Corporation on Monday said that it entered into a definitive agreement to acquire German manufacturer EA Elektro-Automatik Holdings GmbH for $1.45 b...
Oct 23, 2023
Atos shares slide, trader points to possible French nationalisation plans
PARIS (Reuters) - Atos shares plunged on Monday by up to 12%, with a trader pointing to reports by newspapers Le Parisien and Les Echos on calls made by some lawmakers in France's National Assembly to...
Oct 23, 2023
Sam Bankman-Fried’s lawyers avoid challenges to ‘cartoon’ villain image
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried's lawyers have complained that prosecutors at his fraud trial are portraying the FTX cryptocurrency exchange founder as a "cartoon of a villain," bu...
Oct 23, 2023
Strong ad sales, stable enterprise spending wind beneath Big Tech earnings
By Yuvraj Malik and Zaheer Kachwala (Reuters) - U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investo...
Oct 23, 2023
Biden administration picks 31 regional tech hubs to spur US innovation
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it was naming 31 regional tech hubs from 370 applicants, making the areas eligible for $500 million in federal fu...
Oct 23, 2023
