Category Archives: (KFGO The Mighty 790) Technology
China’s Pax Global says FBI, Homeland Security raided subsidiary office in Florida
(Reuters) - China's Pax Global Technology Ltd, a point-of-sale device maker, said on Friday that U.S. federal investigators had earlier this week raided its subsidiary's office in Florida, but did not...
Syndicated Content Oct 29, 2021
Police raids ‘target’ 12 suspects in ransomware cases – Europol
THE HAGUE (Reuters) - Twelve suspects believed to have mounted ransomware attacks against companies or infrastructure in 71 countries were "targeted" in raids in Ukraine and Switzerland, Europol said ...
Syndicated Content Oct 29, 2021
Europe’s EV battery strategy threatened by supply chain gaps, Eramet says
By Gus Trompiz and Gilles Guillaume PARIS (Reuters) - Europe is still not investing enough in the supply chain for electric vehicle batteries and this could leave its planned gigafactories short of co...
Syndicated Content Oct 29, 2021
Amazon discloses 20% stake in EV maker Rivian
(Reuters) - Amazon.com Inc, an early backer of Rivian Automotive, disclosed a stake of about 20% in the electric-vehicle maker, according to a filing from the e-commerce giant on Friday. (Reporting by...
Syndicated Content Oct 29, 2021
China’s Kuaishou says co-founder Su Hua to step down as chief executive
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) - Short-video apps owner Kuaishou said on Friday that its co-founder Su Hua was stepping down as chief executive with immediate effect and would be suc...
Syndicated Content Oct 29, 2021
After Facebook change, Big Tech’s FAANG considers toothless MAANG
By Medha Singh and Ambar Warrick (Reuters) - MAANG? MANGA? Or MAMATA? Facebook's rebranding to Meta Platforms has launched a search for a new name for the high-flying FAANG group that also includes Ap...
Syndicated Content Oct 29, 2021
WeWork gets $150 million investment from real estate services firm Cushman & Wakefield
(Reuters) - Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchang...
Syndicated Content Oct 29, 2021
U.S. govt panel probes Tencent takeover of UK videogame maker Sumo
(Reuters) - Sumo Group said on Friday the U.S. national security panel is investigating the British videogame developer's $1.27 billion takeover by China's Tencent Holdings. Sumo and Tencent are engag...
Syndicated Content Oct 29, 2021
Chinese electric vehicle maker BYD launches $1.8 billion capital raising -term sheet
HONG KONG (Reuters) - Chinese electric vehicle company BYD Co is raising up to $1.8 billion in a capital raising launched on Friday, a term sheet seen by Reuters showed. A price range to sell 50 milli...
Syndicated Content Oct 29, 2021
High lithium costs start to feed into prices of China EV batteries -BMI
By Pratima Desai LONDON (Reuters) - Soaring costs of materials such as lithium and nickel used to make electric vehicle batteries are starting to feed through into prices of these batteries in China, ...
Syndicated Content Oct 29, 2021

