Category Archives: (KFGO The Mighty 790) Technology
South Africa to probe Meta, Google competition with news publishers
JOHANNESBURG (Reuters) - South Africa's Competition Commission will investigate whether digital platforms like Meta and Google were unfairly competing with news publishers by using their content to ge...
Oct 17, 2023
Sam Bankman-Fried’s lawyer says FTX investments were not ‘reckless’
By Luc Cohen NEW YORK (Reuters) - FTX founder Sam Bankman-Fried's lawyer on Tuesday said the now-bankrupt cryptocurrency exchange's investments were not "reckless and frivolous," pushing back against ...
Oct 17, 2023
Vanguard sells stake in joint venture with Ant – Bloomberg News
(Reuters) - U.S. asset management giant Vanguard Group has sold its 49% stake in a joint venture with Jack Ma-backed Ant Group Co, Bloomberg News reported on Tuesday, citing people familiar with the m...
Oct 17, 2023
Oracle’s NetSuite adds AI features to finance software
By Stephen Nellis (Reuters) - NetSuite on Tuesday said it is adding generative artificial intelligence capabilities to its finance software, giving companies the ability to automatically write collect...
Oct 17, 2023
ASML sees no short-term impact of updated U.S. rules on China exports
AMSTERDAM (Reuters) - ASML, a major supplier of equipment to computer chip manufacturers, said on Tuesday it does not expect any short-term financial impact from newly updated guidance on U.S. restric...
Oct 17, 2023
Explainer-Biden’s latest China curbs are part of plan to shift chip production stateside
By Alexandra Alper WASHINGTON (Reuters) - The Biden administration's latest round of export curbs on China is part of a two-pronged strategy that aims to halt China's technological advances over fears...
Oct 17, 2023
Web Summit CEO apologises for comments on Israeli conflict
JERUSALEM (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Tuesday apologised for comments he made on the Israeli-Hamas conflict that prompted some technology companies and investo...
Oct 17, 2023
Crypto giant Binance’s US affiliate halts direct dollar withdrawals
(Reuters) - The U.S. unit of cryptocurrency exchange Binance has halted withdrawal of dollars by its clients from the platform, its updated terms showed on Monday. In early June, Binance.US had halted...
Oct 17, 2023
Biden to cut China off from more Nvidia chips, expand curbs to more countries
By Alexandra Alper, Karen Freifeld and Stephen Nellis WASHINGTON (Reuters) - The Biden administration said on Tuesday it plans to halt shipments to China of more advanced artificial intelligence chips...
Oct 17, 2023
India’s Tata Elxsi posts rise in Q2 profit on uptick in transportation business
(Reuters) - Indian design and technology services company Tata Elxsi on Tuesday posted a rise in quarterly profit, helped by growth in its transportation segment. The company's net profit rose 14.8% y...
Oct 17, 2023
