Category Archives: (KFGO The Mighty 790) Technology
How the American SPACs rocket has failed to take off in Europe
By Supantha Mukherjee and Anirban Sen STOCKHOLM (Reuters) - "I get an email almost every morning from some SPAC seller telling me to do a SPAC with them," said Johnny Boufarhat, CEO of Hopin, a virtua...
Syndicated Content Mar 29, 2021
China Evergrande to raise $2 billion in pre-IPO for property, car marketplace unit
HONG KONG (Reuters) - China Evergrande Group on Monday said it will sell 10% of its online real estate and automobile marketplace, Fangchebao (FCB), to 17 investors for HK$16.35 billion ($2.10 billion...
Syndicated Content Mar 28, 2021
Facebook, Google plan new undersea cables to connect Southeast Asia and America
SINGAPORE (Reuters) - Facebook said on Monday it planned two new undersea cables to connect Singapore, Indonesia and North America in a project with Google and regional telecommunication companies to ...
Syndicated Content Mar 28, 2021
CIMB’s e-wallet venture with Ant Group to close fundraising by mid-year
KUALA LUMPUR (Reuters) - Malaysian bank CIMB Group's e-wallet unit is looking to close by around mid-year a fundraising in a joint venture with China's Ant Group, the unit's chief said in a press brie...
Syndicated Content Mar 28, 2021
China’s Didi Chuxing to start ride-hailing service in South Africa
BEIJING (Reuters) - China's Didi Chuxing, which is backed by SoftBank, said on Monday it would start a ride-hailing service in Cape Town, South Africa. Didi already operates in Japan, Australia, Russi...
Syndicated Content Mar 28, 2021
Tencent Music announces biggest ever $1 billion share buyback
(Reuters) - China's Tencent Music Entertainment Group announced a $1 billion share repurchase plan, its biggest, late on Sunday, days after the U.S. securities regulator adopted stricter measures for ...
Syndicated Content Mar 28, 2021
Damage from fire at Renesas chip factory bigger than expected: Nikkei
TOKYO (Reuters) - Renesas Electronics Corp now expects damage from a recent fire at its chip-making plant to be bigger than expected, with 17 machines affected rather than 11 as originally counted, th...
Syndicated Content Mar 28, 2021
Bilibili shares set to fall 2.2% in Hong Kong trading debut
HONG KONG (Reuters) - Chinese online video site Bilibili Inc's shares are set to fall 2.2% to HK$790 from the company's secondary listing price when the company starts trading in Hong Kong on Monday. ...
Syndicated Content Mar 28, 2021
German union calls four-day strike at Amazon sites ahead of Easter
BERLIN (Reuters) - The trade union Verdi has called for workers at six Amazon sites in Germany to go on strike from Sunday evening for four days in the latest attempt to try to force the U.S. e-commer...
Syndicated Content Mar 28, 2021
ViacomCBS, Discovery both fall 27%, leading media stock selloff
By Sinad Carew (Reuters) - Shares in media companies ViacomCBS and Discovery Inc tumbled around 27% each on Friday, capping a week of declines and putting both stocks roughly 50% below their recent re...
Syndicated Content Mar 26, 2021

