Category Archives: (KFGO The Mighty 790) Technology
Italy court annuls antitrust fine on telecom groups over billing practices
ROME (Reuters) - An Italian court has annulled a fine of 228 million euros ($271 million) slapped on Italy's top four phone operators last year over a breach of competition rules for collectively agre...
Jul 12, 2021
Virgin Galactic says may sell shares worth up to $500 million
(Reuters) -Virgin Galactic said on Monday it may sell up to $500 million worth of shares, a day after the company completed its first fully crewed test flight into space with billionaire founder Richa...
Jul 12, 2021
India’s Paytm seeks to raise $268 million in pre-IPO share sale-source
By Sankalp Phartiyal NEW DELHI (Reuters) - Indian digital payments firm Paytm is planning to raise $268 million in a funding round as it prepares for an initial public offering later this year, a sour...
Jul 12, 2021
Huawei, Verizon agree to settle patent lawsuits – sources
(Reuters) - Chinese telecommunications equipment maker Huawei Technologies Co Ltd and Verizon Communications have agreed to settle a pair of lawsuits alleging patent infringement, sources told Reuters...
Jul 12, 2021
SoftBank-backed VTEX eyes over $3 billion valuation in U.S. IPO
(Reuters) -Brazil's VTEX, a digital commerce platform backed by SoftBank Group Corp, said on Monday it was targeting a valuation of up to $3.2 billion in its U.S. initial public offering (IPO). The co...
Jul 12, 2021
Euskaltel’s board recommends accepting Masmovil’s takeover bid
MADRID (Reuters) - The board of Spanish telecom operator Euskaltel recommended its shareholders accept Masmovil's 1.99 billion euro ($1.18 billion) takeover bid on Monday, saying it was fair from a fi...
Jul 12, 2021
Blank-check firm ACE Convergence, Achronix scrap $2 billion merger
(Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Corp said on Monday they had agreed to terminate their $2.1 billion merger announced in January. The deal was s...
Jul 12, 2021
Cryptocurrency trading volumes slump 40% in June, data shows
LONDON (Reuters) - Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the facto...
Jul 12, 2021
Chinese streaming firm DouYu terminates $5.3 billion merger with Huya
(Reuters) -DouYu International Holdings Ltd said on Monday it had terminated its $5.3 billion deal with Huya Inc, two days after China's market regulator blocked Tencent Holding Ltd's plans to merge t...
Jul 12, 2021
Google to fight EU antitrust fine at court hearing from Sept. 27 – sources
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe's second-highe...
Jul 12, 2021
