Category Archives: (KFGO The Mighty 790) Technology
Chip shortage to cost automakers $110 billion in revenues in 2021 – AlixPartners
(Reuters) - The global semiconductor chip shortage will cost automakers $110 billion in lost revenues this year, up from a prior estimate of $61 billion, consulting firm AlixPartners said, as it forec...
May 13, 2021
DBS private bank offers wealth succession planning for cryptocurrencies
HONG KONG (Reuters) - DBS Group said on Friday its private banking arm has started offering trust services for cryptocurrencies, helping rich clients include the emerging asset class in their successi...
May 13, 2021
Singtel reviewing digital businesses after $907 million hit
(Reuters) - Singapore Telecommunications Ltd said on Friday it has begun a strategic review of digital marketing arm Amobee and cyber-security business Trustwave. Singtel, whose biggest shareholder is...
May 13, 2021
China’s SMIC raises revenue expectations following strong Q1 as chip shortage boosts demand
SHANGHAI (Reuters) - China's Semiconductor Manufacturing International Corp (SMIC) said on Friday that demand for chips exceeds supply, and raised its expectations for sales for the first half of the ...
May 13, 2021
Amazon seeks renewable power for Japan data centres – Nikkei
TOKYO (Reuters) - Amazon.com Inc is in talks with Japanese power utilities and trading houses to build a renewable power plant in Japan to procure clean energy for its local data centres, the Nikkei r...
May 13, 2021
Cohen’s Point72 exploring crypto sector, has no firm plans – letter
BOSTON (Reuters) - Billionaire investor Steven A. Cohen's Point72 Asset Management is exploring the $2 trillion cryptocurrency market but has not made any plans on how to trade it, according to a lett...
May 13, 2021
U.S. judge dismisses advertisers’ antitrust claims against Google
By Paresh Dave (Reuters) - A U.S. judge on Thursday dismissed antitrust claims against Alphabet Inc's Google brought by a group of advertisers, but offered them a chance to try again after addressing ...
May 13, 2021
Dogecoin pops after Musk tweets about ‘promising’ system improvements
SINGAPORE (Reuters) - Cryptocurrency dogecoin jumped as much as 20% on Friday after Tesla boss Elon Musk said he was involved in work to improve the token's transaction efficiency. "Working with Doge ...
May 13, 2021
Elon Musk on crypto: to the mooooonnn! And back again
By John McCrank NEW YORK (Reuters) - Bitcoin's price tumbled after Elon Musk said on Wednesday his electric car maker Tesla Inc would no longer accept the cryptocurrency for purchases, citing environm...
May 13, 2021
Fisker finalizes deal with Foxconn to make EVs in U.S. starting in 2023
By Ben Klayman DETROIT (Reuters) - Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies sai...
May 13, 2021
