Category Archives: (KFGO The Mighty 790) Technology
Cathie Wood’s investment firm buys $71 million worth of Twitter shares on dip – Bloomberg News
(Reuters) - Cathie Wood's Ark Investment Management bought about 1.3 million shares of Twitter Inc worth $71 million last week after the stock fell on disappointing results, Bloomberg News reported ht...
May 03, 2021
Intel to invest $3.5 billion in New Mexico facility
(Reuters) - Intel Corp said on Monday that it will invest $3.5 billion in its Rio Rancho, New Mexico manufacturing facility to boost advanced chip packaging technologies. (Reporting by Chavi Mehta in ...
May 03, 2021
Lidar maker AEye valuation slips to $1.5 billion on new SPAC merger terms
(Reuters) - AEye Inc and a blank-check firm backed by financial services company Cantor Fitzgerald on Monday amended their merger agreement, valuing the lidar sensor maker at $1.52 billion, citing val...
May 03, 2021
Apple faces down ‘Fortnite’ creator Epic Games in major antitrust trial
By Stephen Nellis (Reuters) -Attorneys for "Fortnite" creator Epic Games and Apple Inc will make opening arguments Monday at an antitrust trial whose ultimate outcome could affect Apple's fast-growing...
May 03, 2021
EBay CEO says looking at cryptocurrency as payment option: CNBC
(Reuters) - EBay Inc is looking at new payment options for customers, including cryptocurrency, Chief Executive Officer Jamie Lannone said in a CNBC interview on Monday. The e-commerce firm is also ex...
May 03, 2021
Canada’s Wealthsimple hits $4 billion valuation after latest funding round
(Reuters) - Wealthsimple said on Monday it raised C$750 million ($610.40 million) in its latest funding round, with participation from celebrities Drake, Michael Fox and Ryan Reynolds, more than doubl...
May 03, 2021
Facebook oversight board to announce decision on Trump ban on May 5
(Reuters) - Facebook Inc's independent oversight board tweeted on Monday it would announce a decision on May 5 whether to uphold former U.S. President Donald Trump's indefinite suspension from Faceboo...
May 03, 2021
Activist Starboard to nominate directors to Box board
(Reuters) - Starboard Value LP plans to nominate directors to the board of cloud services provider Box Inc, the activist investor said on Monday. Starboard said it owns about 7.7% of Box. (Reporting b...
May 03, 2021
Apollo to acquire Verizon’s media assets for $5 billion
(Reuters) - Apollo Global Management said it has agreed to buy Verizon Communications' media unit that includes Yahoo and AOL for $5 billion, the U.S wireless carrier said on Monday. Under deal terms,...
May 03, 2021
Fidelity halves valuation of Ant Group after Chinese crackdown: WSJ
(Reuters) - U.S. asset manager Fidelity Investments has cut its valuation of Chinese financial technology giant Ant Group in half in its latest filings assessing the worth of the shares its funds hold...
May 03, 2021
