Category Archives: (KFGO The Mighty 790) Technology
Qualcomm, investment firm SSW Partners to buy Veoneer for $4.5 billion
(Reuters) - Qualcomm Inc and investment firm SSW Partners said on Monday they had reached a deal to buy Swedish company Veoneer Inc for $4.5 billion in cash. (Reporting by Abhijith Ganapavaram in Beng...
Syndicated Content Oct 04, 2021
French court postpones verdict over Tapie affair – judicial source
PARIS (Reuters) - The Paris appeals court decided to postpone its verdict over the so-called Tapie affair and the alleged involvement of Orange's boss Stphane Richard in a disputed payment made by the...
Syndicated Content Oct 04, 2021
Chipmaker Cree changes name to Wolfspeed, strikes deal with GM on battery tech
By Stephen Nellis (Reuters) - Chipmaker Wolfspeed Inc on Monday announced a deal with General Motors to supply silicon carbide power devices for future electric vehicle programs, as Wolfspeed changed ...
Syndicated Content Oct 04, 2021
Ukrainian police arrest hacker who caused $150 million damage to global firms
KYIV (Reuters) - Ukrainian police said on Monday they had arrested a 25-year-old man who hacked more than 100 foreign companies and caused damage worth more than $150 million. The hacker, who was not ...
Syndicated Content Oct 04, 2021
IHS Holding eyes near $8 billion valuation in U.S. IPO
(Corrects paragraph two to say IHS is London-based) (Reuters) -IHS Holding Ltd, an operator of telecoms infrastructure such as mobile phone towers, is looking to raise up to $540 million in a U.S. ini...
Syndicated Content Oct 04, 2021
Coding platform GitLab aims for nearly $9 billion valuation in U.S. IPO
(Reuters) -GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, is looking to raise as much as $624 million through an initial public offering in the United States,...
Syndicated Content Oct 04, 2021
Made-from-CO2 concrete, lululemons and diamonds spark investor excitement
By Jane Lanhee Lee and Nia Williams (Reuters) - What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2)...
Syndicated Content Oct 04, 2021
Grab to take majority stake in Indonesia e-wallet OVO
SINGAPORE (Reuters) - Southeast Asian ride-hailing and payments firm Grab will more than double its stake in Indonesian e-wallet OVO to 90%, the Indonesian firm said on Monday, pending approval from r...
Syndicated Content Oct 04, 2021
Audi CEO sees chip shortage as ‘perfect storm’ but will get through it
By Christoph Steitz FRANKFURT (Reuters) - Premium car brand Audi, Volkswagen's biggest profit contributor, has to troubleshoot on a day-to-day basis to tackle an ongoing shortage of auto chips, its ch...
Syndicated Content Oct 04, 2021
Analysis: Zoom’s abandoned Five9 deal shows hurdles to expansion
By Krystal Hu, Svea Herbst-Bayliss and Echo Wang (Reuters) - Zoom Video Communications Inc's aborted $14.7 billion acquisition of call center software firm Five9 Inc has spotlighted issues that will w...
Syndicated Content Oct 04, 2021

