Category Archives: (KFGO The Mighty 790) Technology
Cloud services provider Box receives $500 million KKR-led investment
(Reuters) - Box Inc said on Thursday private equity giant KKR & Co Inc led a $500 million investment in the cloud company in the form of convertible preferred stock. (Reporting by Chavi Mehta in Benga...
Apr 08, 2021
Europe should invest in chip design, not a mega-fab: think tank
By Douglas Busvine BERLIN (Reuters) - Europe's ambition to make the most powerful computer chips risks wasting billions of euros, a German think tank said in a report on Thursday, urging policy makers...
Apr 08, 2021
China’s capital envisages 10,000 fuel cell vehicles by 2025
SINGAPORE (Reuters) - The city of Beijing aims to have over 10,000 fuel cell vehicles on the road and build 74 hydrogen filling stations by 2025, as the Chinese capital maps out an ambitious plan to d...
Apr 08, 2021
Messaging platform Gupshup joins unicorn club after $100 million funding
By Akanksha Rana (Reuters) - Gupshup on Thursday said it had raised $100 million from investment firm Tiger Global Management, valuing the messaging services provider at $1.4 billion. The company, whi...
Apr 08, 2021
London Stock Exchange investigating Refinitiv data outage
LONDON (Reuters) - The London Stock Exchange Group said on Thursday it was investigating a lengthy outage at its newly-acquired Refinitiv market data unit. The outage at Refinitiv's Eikon platform for...
Apr 08, 2021
E-commerce firm StockX valued at $3.8 billion after new funding round
(Reuters) - E-commerce firm StockX said on Thursday it had raised $255 million in a financing round, valuing the company at more than $3.8 billion. The all-cash offer was led by Altimeter Capital, wit...
Apr 08, 2021
Korean video game firm Krafton applies for IPO, seen worth billions of dollars
By Joyce Lee SEOUL (Reuters) - South Korea's Krafton Inc, the video game holding company that publishes the blockbuster game PlayerUnknown's Battlegrounds (PUBG), has applied for preliminary approval ...
Apr 08, 2021
Prosus nets $14.6 billion from sale of Tencent stake
By Toby Sterling and Scott Murdoch AMSTERDAM (Reuters) - Amsterdam-based technology investor Prosus NV has netted $14.6 billion from the sale of a 2% stake in Tencent Holdings Ltd, the Chinese gaming ...
Apr 08, 2021
MacBook, iPad production delayed as supply crunch hits Apple – Nikkei
(Reuters) - Production of some Apple Inc's MacBooks and iPads has been postponed due to a global component shortage, the Nikkei reported on Thursday. Chip shortages have caused delays in a key step in...
Apr 08, 2021
Apple to argue it faces competition in video game market in Epic lawsuit
By Stephen Nellis (Reuters) - Apple Inc said it plans to argue that it faces abundant competition in the market for video game transactions to defend itself against antitrust allegations by "Fortnite"...
Apr 08, 2021
