Category Archives: (KFGO The Mighty 790) Technology
L3Harris divestitures set up new CEO with cash cushion
By Mike Stone WASHINGTON (Reuters) - L3Harris Technologies Inc plans to return billions in cash from recent divestitures to shareholders while allowing a new chief executive to invest in research and ...
Mar 10, 2021
Velodyne board fostering ‘anti-stockholder’ culture, says founder Hall
(Reuters) - Sensor maker Velodyne Lidar Inc's board is fostering an "anti-stockholder" culture that is resulting in "troubling underperformance", its founder David Hall said in a letter sent to the co...
Mar 10, 2021
Bumble quarterly revenue jumps more than 31%
(Reuters) - Bumble Inc reported a 31.1% rise in fourth-quarter revenue on Wednesday, as people bored at home turned to online dating during the pandemic. Social distancing restrictions that made casua...
Mar 10, 2021
Oracle beats quarterly revenue estimates on strong cloud demand
(Reuters) - Business software maker Oracle Corp reported quarterly revenue on Wednesday that beat analysts' estimates, helped by strong demand for its cloud computing services due to remote working. R...
Mar 10, 2021
Taulia gets credit line from banks led by JPMorgan
(Reuters) - Taulia, a financial technology company that had worked closely with Greensill, said on Wednesday it has tapped a credit line led by JPMorgan and including UniCredit, UBS and BBVA, to provi...
Mar 10, 2021
Goldman Sachs customers’ demand for bitcoin rising: COO
NEW YORK (Reuters) - Goldman Sachs Group Inc. is exploring how it can meet rising customer demand to own and invest in bitcoin, while still staying on the right side of regulation, bank President and ...
Mar 10, 2021
Facebook asks court to dismiss U.S. government, states antitrust cases
WASHINGTON (Reuters) - Facebook asked a federal court on Wednesday to dismiss major antitrust cases filed by the U.S. Federal Trade Commission and nearly every U.S. state, saying they failed to show t...
Mar 10, 2021
Truckmaker Scania says semi-conductor shortage threaten production: Dagens Industri
STOCKHOLM (Reuters) - Truckmaker Scania, part of Volkswagen AG's commercial vehicle arm Traton SE, might have to stop production as a shortage of semi-conductors threatens deliveries, Swedish media qu...
Mar 10, 2021
At least 10 hacking groups using Microsoft software flaw: researchers
By Raphael Satter and Christopher Bing WASHINGTON (Reuters) - At least 10 different hacking groups are using a recently discovered flaw in Microsoft Corp's mail server software to break in to targets ...
Mar 10, 2021
Volkswagen hikes battery cell demand in EV expansion push: sources
FRANKFURT (Reuters) - Volkswagen requires about 300 gigawatt hours (GWh) worth of battery cells a year by the end of the decade for its ambitious roll out of electric vehicles in Europe, two people fa...
Mar 10, 2021
