Category Archives: (KFGO The Mighty 790) Technology
Softbank Corp invests $60 million in Axiata’s ADA unit for 23% stake – sources
By Liz Lee KUALA LUMPUR (Reuters) - Japan's SoftBank Corp will invest $60 million for a 23% stake in the digital analytics and artificial intelligence arm of Malaysian telecoms firm Axiata Group Bhd, ...
May 10, 2021
Nio Lidar supplier Innovusion raises $64 million in funding
By Nick Carey LONDON (Reuters) - Lidar sensor maker Innovusion said on Monday it had raised $64 million in funding to ramp up production to supply Chinese electric vehicle (EV) maker Nio Inc's ET7 sed...
May 10, 2021
South Korea’s Kakao Entertainment to acquire serial fiction app Radish for $440 million
By Joyce Lee SEOUL (Reuters) - Kakao Entertainment Corp, the online comic, talent agency and movie-making unit of South Korean tech giant Kakao Corp, is acquiring New York and Seoul-based serialized f...
May 10, 2021
Virgin Galactic ‘evaluating’ timeline for next flight test, shares drop
(Reuters) - Billionaire Richard Branson's Virgin Galactic Holdings Inc said on Monday it was evaluating the timing of its next flight test, sending shares down 9.4% in extended trade. "Following Eve's...
May 10, 2021
Formula One great to develop electric vans, SUVs for carmakers, startups
By Nick Carey LONDON (Reuters) - Supercar maker the Gordon Murray Group said on Tuesday it plans a 300-million-pound ($420 million) expansion over the next five years, which includes developing electr...
May 10, 2021
UK’s THG to raise $1 billion; SoftBank unit to fund large portion
(Reuters) - THG Plc is raising $1 billion in fresh capital, including about $730 million from a unit of SoftBank Group, and the remainder from other investors, the UK-based consumer brands company sai...
May 10, 2021
Amazon raises $1 billion sustainable bond for climate, social causes
By Kate Duguid and Simon Jessop NEW YORK/LONDON (Reuters) - Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener bu...
May 10, 2021
Factbox – Five facts about ransomware attacks
(Reuters) - A ransomware attack on top U.S. fuel pipeline operator Colonial Pipeline has brought attention to the growing area of cybercrime. The following are some details on ransomware and the issue...
May 10, 2021
Roblox reveals bookings jump in first post-debut report
(Reuters) -Roblox Corp beat quarterly bookings estimates on Monday in its first earnings report since a blockbuster debut, as the U.S. gaming company benefited from a surge in spending by kids stuck a...
May 10, 2021
U.S. Commerce chief planning May 20 meeting on semiconductor chip shortage – sources
WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo plans to hold a May 20 meeting with senior U.S. auto industry leaders and other industry officials on a semiconductor shortage that has cut...
May 10, 2021
Fri Jul 31
Green Bay, WI, USA
76°FFeels Like: 77°F
Wind/Dir: 9 MPH-NNE
Humidity: 87%
