Category Archives: (KFGO The Mighty 790) Technology
Ford to invest around $300 million to build electric car parts at UK plant
LONDON (Reuters) - Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components at its Halewood factory in northern England. The plant will produce arou...
Oct 18, 2021
Umicore lowers 2021 profit forecast on chip shortage woes
(Reuters) - Belgian materials technology and recycling group Umicore revised downwards on Monday its adjusted core operating profit outlook, hurt by a stronger-than-expected impact of the global semic...
Oct 18, 2021
Philips lowers outlook as recall, parts shortages bite
AMSTERDAM (Reuters) - Dutch health technology company Philips on Monday lowered its outlook for sales and profit growth in 2021, as a massive recall of respiratory devices and global shortage of elect...
Oct 18, 2021
Taiwan’s Foxconn shows off three electric vehicle prototypes
By Yimou Lee TAIPEI (Reuters) - Taiwan tech giant Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consu...
Oct 18, 2021
Stellantis, LG Energy to form battery-production JV
(Reuters) - Automaker Stellantis NV and LG Energy Solution said on Monday they have entered an agreement to form a joint venture to produce battery cells and modules for North America. The plant is ta...
Oct 17, 2021
Electric vehicle battery startup ONE backed by BMW, Gates-led firm
By Paul Lienert (Reuters) - Michigan-based Our Next Energy, which is developing an advanced battery for electric vehicles, has raised $25 million from investors ranging from German automaker BMW to a ...
Oct 17, 2021
Bitcoin hovers near 6-month high on ETF hopes, inflation worries
TOKYO (Reuters) - Bitcoin hovered near a six-month high early on Monday on hopes that U.S. regulators would soon allow cryptocurrency exchange-traded funds (ETF) to trade, while global inflation worri...
Oct 17, 2021
Facebook plans to hire 10,000 in EU to build ‘metaverse’
(Reuters) - Facebook Inc plans to hire 10,000 in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse - a nascent online world wher...
Oct 17, 2021
Teamviewer says CFO to quit next year
FRANKFURT (Reuters) - TeamViewer, a German software development firm that cut its full-year earnings guidance this month, said finance chief Stefan Gaiser's contract would not be renewed when it expir...
Oct 17, 2021
Netflix’s ‘Squid Game’ estimated to be worth about $900 million – Bloomberg News
(Reuters) - "Squid Game," Netflix Inc's biggest original series launch, is estimated to be worth almost $900 million for the streaming giant, Bloomberg News reported late on Saturday, citing figures f...
Oct 17, 2021
