Category Archives: (KFGO The Mighty 790) Technology
General Atlantic-backed Riskified valued at $4.3 billion in NYSE debut
By Niket Nishant (Reuters) - Riskified Ltd, an online risk management platform backed by an affiliate of growth equity investor General Atlantic, notched a valuation of $4.3 billion after its shares j...
Syndicated Content Jul 29, 2021
UK’s Inmarsat to launch low-orbit satellites for high-capacity service
LONDON (Reuters) - Britain's Inmarsat said it would launch a constellation of low earth orbit (LEO) satellites that it will combine with 5G mobile and its existing GEO satellites to offer more capacit...
Syndicated Content Jul 29, 2021
Analytics firm SAS says aiming to go public by 2024
(Reuters) - Data analytics firm SAS said on Thursday it was preparing for an initial public offering by 2024, weeks after a report said chip and software company Broadcom Inc was in talks to buy the c...
Syndicated Content Jul 29, 2021
No end to global chip shortage before H1 2023, STMicro CEO says
By Mathieu Rosemain PARIS (Reuters) -The global chip shortage that is hindering production forecasts of giant companies like Apple and Volkswagen is here to stay until the first half of 2023, the chie...
Syndicated Content Jul 29, 2021
Robinhood set to rise in Nasdaq debut
(Reuters) - Shares of online brokerage Robinhood Markets Inc were set to start trading nearly 11% above their offer price on the Nasdaq on Thursday, underscoring a warm reception to one of the most ho...
Syndicated Content Jul 29, 2021
Pandemic drove online prices higher -report
By Howard Schneider WASHINGTON (Reuters) - The rush to online shopping during the pandemic drove prices higher for goods ordered over the internet, eroding a long-standing cost advantage and possible ...
Syndicated Content Jul 29, 2021
Britain’s Virgin Media 02 to upgrade network to fibre by 2028
By Paul Sandle LONDON (Reuters) - British cable and mobile provider Virgin Media O2 said it would upgrade its entire network serving 15.5 million premises to full fibre by 2028, stepping up its challe...
Syndicated Content Jul 29, 2021
Electric aircraft startup Archer says its valuation cut by $1 billion
(Reuters) -Electric aircraft startup Archer's pro forma enterprise value has been cut to $1.7 billion from $2.7 billion as part of a revised deal, Archer and blank-check firm Atlas Crest Investment Co...
Syndicated Content Jul 29, 2021
Top German court strikes down Facebook rules on hate speech
By Douglas Busvine BERLIN (Reuters) - A top German court has ruled that Facebook acted illegally in taking down racist posts and blocking the account of their author because the social network failed ...
Syndicated Content Jul 29, 2021
IMF sees “critical role” as world transitions to digital money
NEW YORK (Reuters) - The International Monetary Fund must ramp up its resources as it seeks to "monitor, advise on, and help manage this far-reaching and complex transition" to digital money, accordin...
Syndicated Content Jul 29, 2021

