Category Archives: (KFGO The Mighty 790) Technology
Vodafone, Three execs tell lawmakers their UK merger will benefit 5G, jobs
LONDON (Reuters) - Executives from Vodafone and CK Hutchison's Three UK unit said their 15 billion pound ($18 billion) merger would benefit Britain's consumers, infrastructure and jobs, as lawmakers s...
Oct 17, 2023
Russia fines Zoom $1.18 million for operating without local office -RIA
MOSCOW (Reuters) - A Russian court on Tuesday fined Zoom Video Communications 115 million roubles ($1.18 million) for operating without opening a local office, the RIA news agency reported. Zoom did n...
Oct 17, 2023
Basel proposes crypto disclosures by banks from January 2025
LONDON (Reuters) - Global banking regulators on Tuesday proposed a standardised format for major banks to disclose their holdings of cryptoassets from January 2025 to support "market discipline" by gi...
Oct 17, 2023
KKR-backed Avendus to tap tech investment banking deals in Southeast Asia
By M. Sriram MUMBAI (Reuters) - Indian financial services firm Avendus will start offering investment banking services from Singapore to cash in on an expected technology sector dealmaking boom in the...
Oct 17, 2023
EU securities watchdog warns investors over crypto market protections
By Huw Jones LONDON (Reuters) - Investors will not be protected under European Union cryptoasset market rules until at least the end of 2024, and even then they should still be ready to lose all their...
Oct 17, 2023
TSMC drops northern Taiwan site for advanced chip factory after protests
By Sarah Wu TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd said it would not build a advanced chip factory in a rural part of northern Taiwan after local residents protested that they di...
Oct 17, 2023
GenAI startups biggest driver of unicorns, says VC firm Accel
By Supantha Mukherjee STOCKHOLM (Reuters) - Generative artificial intelligence (GenAI) companies have become the major driver of unicorns -- startups reaching $1 billion valuation -- with 60% of the n...
Oct 17, 2023
Chinese AI upstart Baichuan raises $300 million from Alibaba, Tencent, others
HONG KONG/BEIJING (Reuters) - Chinese artificial intelligence (AI) startup Baichuan said on Tuesday it has raised $300 million from investors including Chinese tech giants Alibaba and Tencent. The com...
Oct 17, 2023
Amazon to launch online shopping service in South Africa in 2024
JOHANNESBURG (Reuters) -U.S. ecommerce firm Amazon said on Tuesday it would launch its online shopping service in South Africa in 2024, entering a market dominated by Naspers' TakeAlot. The online ret...
Oct 17, 2023
US opens probe into 594 vehicles of GM’s Cruise LLC
(Reuters) - U.S. auto safety regulators said on Tuesday they have opened a preliminary evaluation into about 594 vehicles of General Motors' self-driving unit Cruise LLC. The National Highway Traffic ...
Oct 17, 2023
