Category Archives: (KFGO The Mighty 790) Technology
Nextdoor to go public in $4.3 billion merger with Khosla-backed SPAC
(Reuters) - Nextdoor, a social network that connects neighbors, said on Tuesday it would merge with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion. The deal with spec...
Syndicated Content Jul 06, 2021
London wises up on fintech to help secure post-Brexit floats
By Abhinav Ramnarayan and Anna Irrera LONDON (Reuters) - Britain's future as a hub for fintech in the wake of Brexit faces a crucial test this week with the London Stock Exchange listing of cross-bord...
Syndicated Content Jul 06, 2021
Mortgage-focused software startup Blend seeks $4 billion valuation in U.S. IPO
(Reuters) - Mortgage software platform Blend Labs Inc said on Tuesday it was targeting a valuation of nearly $4 billion in its initial public offering in the United States, as it seeks to raise up to ...
Syndicated Content Jul 06, 2021
China central bank office closes software maker over cryptocurrency trading
SHANGHAI (Reuters) - A Beijing office of China's central bank said on Tuesday it had ordered the shutdown of a Beijing-based software maker over its suspected involvement in cryptocurrency trading. Au...
Syndicated Content Jul 06, 2021
Air taxi startup Volocopter gains key production certification
BERLIN (Reuters) - German flying taxi startup Volocopter said on Tuesday it was acquiring long-time partner DG Flugzeugbau, in a step that secures its compliance with the European Union air safety reg...
Syndicated Content Jul 06, 2021
Japan’s Sumitomo Metal to invest $424 million to boost battery materials output
TOKYO (Reuters) - Japan's Sumitomo Metal Mining Co Ltd said on Tuesday it would spend 47 billion yen ($424 million) to boost production capacity of cathode materials for rechargeable batteries used in...
Syndicated Content Jul 06, 2021
Didi shares slump 25% on China crackdown
HONG KONG/LONDON (Reuters) -Didi Global Inc shares slumped 25% in U.S. pre-market trade on Tuesday, ahead of its first session since China's cyberspace regulators ordered that the company's app be tak...
Syndicated Content Jul 06, 2021
British Airways reaches settlement with customers over 2018 data breach
(Reuters) - British Airways has resolved a legal action related to a data breach in 2018 on confidential terms, and those affected will receive a settlement, court-appointed solicitors said on Tuesday...
Syndicated Content Jul 06, 2021
Sweden’s Hexagon buys Infor EAM for $2.7 billion
STOCKHOLM (Reuters) -Swedish industrial technology group Hexagon AB said on Tuesday it had acquired cloud technology company Infor's enterprise asset management (EAM) division in a cash and equity dea...
Syndicated Content Jul 06, 2021
Danish fintech Pleo raises $150 million at valuation of $1.7 billion
STOCKHOLM (Reuters) - Danish fintech Pleo, which offers expense management tool and smart company cards, on Tuesday raised $150 million at a valuation of about $1.7 billion from U.S. investment firms ...
Syndicated Content Jul 06, 2021

