Category Archives: (KFGO The Mighty 790) Technology
Canadian HR tech firm Visier becomes unicorn after Goldman-led investment
By Niket Nishant (Reuters) - Visier Inc, the cloud-based workforce analytics company, said on Tuesday it had achieved a valuation exceeding $1 billion after raising $125 million in fresh capital in it...
Syndicated Content Jun 29, 2021
Microsoft, Sompo to invest $25 million in GM-backed startup Wejo
(Reuters) -Wejo, a British auto data startup backed by General Motors Co, said on Tuesday that Microsoft Corp and insurer Sompo Holdings Inc will invest $25 million in the company. The investment come...
Syndicated Content Jun 29, 2021
EU extends investigation into Samsung’s EV battery plant in Hungary
BRUSSELS (Reuters) - EU competition enforcers have extended a near two-year investigation into Hungarian state aid for South Korean manufacturer Samsung SDI Co Ltd's electric vehicle (EV) battery fact...
Syndicated Content Jun 29, 2021
British auto industry says Gigafactories needed to save jobs
By Yadarisa Shabong (Reuters) - Britain's automotive industry called for a binding target for the country to achieve 60 gigawatt hours (GWh) of battery capacity by 2030 or risk losing tens of thousand...
Syndicated Content Jun 29, 2021
JPMorgan to acquire fintech startup OpenInvest
(Reuters) - JPMorgan Chase & Co said on Tuesday it would buy OpenInvest, a fintech startup backed by Andreessen Horowitz and Y Combinator. The company's products allow financial advisers to build, man...
Syndicated Content Jun 29, 2021
EU antitrust regulators to rule on Facebook’s Kustomer deal by August 2
BRUSSELS (Reuters) - EU antitrust regulators will decide by Aug. 2 whether to clear Facebook's acquisition of U.S. customer service startup Kustomer, a filing on the European Commission website showed...
Syndicated Content Jun 29, 2021
Denmark’s central bank exposed in SolarWinds hack, media report says
COPENHAGEN (Reuters) - Denmark's central bank was compromised in last year's global SolarWinds hacking operation, leaving a "backdoor" to its network open for seven months, IT media Version2 reported ...
Syndicated Content Jun 29, 2021
Sumitomo Metal sees global nickel demand for battery use to rise 18% in 2021
TOKYO (Reuters) - Global demand of nickel used in batteries is expected to rise 18% this year from 2020, backed by strong sales of electric-vehicles (EVs) in China, Sumitomo Metal Mining, Japan's bigg...
Syndicated Content Jun 29, 2021
EU watchdog takes deep dive into banks’ use of tech
By Huw Jones LONDON (Reuters) - Banks' increasing dependence on 'RegTech' technology to automate fraud checks and send data to regulators may need common rules to encourage wider use, the European Uni...
Syndicated Content Jun 29, 2021
Tencent-backed Linklogis, Sunway to jointly seek Malaysia digital bank licence – sources
By Anshuman Daga and Pei Li SINGAPORE (Reuters) - Malaysian conglomerate Sunway Bhd has teamed up with Tencent-backed Chinese fintech firm Linklogis Inc and Bangkok Bank PCL to apply for a Malaysian d...
Syndicated Content Jun 29, 2021

