Category Archives: (KFGO The Mighty 790) Technology
Chinese electric vehicle maker Xpeng’s fourth-quarter net loss narrows 42%
BEIJING (Reuters) - Chinese electric vehicle (EV) maker Xpeng Inc said on Monday its net loss in the fourth quarter of last year narrowed 42% from the same period in 2019, as EV sales increased in the...
Syndicated Content Mar 08, 2021
Germany’s Bosch to open automotive chip factory in June
FRANKFURT (Reuters) - German technology group Bosch said on Monday it would open an automotive chip factory in Dresden in June to build on its leadership in sensor chips that will boost the electric c...
Syndicated Content Mar 08, 2021
In Japan, vending machines help ease access to COVID-19 tests
By Hideto Sakai and Rocky Swift TOKYO (Reuters) - In Japan, convenience is king and getting tested for COVID-19 can be highly inconvenient. Part of solution, as it is for a range of daily necessities ...
Syndicated Content Mar 08, 2021
Russia rebukes Facebook for blocking some media posts
By Gabrielle Ttrault-Farber and Vladimir Soldatkin MOSCOW (Reuters) - Russia accused Facebook on Monday of violating citizens' rights by blocking some media outlets' content in the latest standoff bet...
Syndicated Content Mar 08, 2021
Panasonic to buy U.S. software firm Blue Yonder for $6.5 billion, says Nikkei
TOKYO (Reuters) - Panasonic Corp will buy U.S. software firm Blue Yonder for 700 billion yen ($6.45 billion), the Nikkei reported on Monday, saying it was the Japanese electronics firm's biggest acqui...
Syndicated Content Mar 08, 2021
Deliveroo confirms IPO plans, flags $438 million loss in 2020
LONDON (Reuters) - British food delivery firm Deliveroo announced plans for its London listing on Monday, disclosing it posted an underlying loss in 2020 of 317 million pounds ($437.94 million). The D...
Syndicated Content Mar 08, 2021
Rush to bitcoin? Not so fast, say keepers of corporate coffers
By Tom Wilson, Anna Irrera and Jessica DiNapoli LONDON/NEW YORK (Reuters) - When Elon Musk's Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were s...
Syndicated Content Mar 08, 2021
China’s Primavera raising up to $5 billion in new dollar fund -sources
By Kane Wu HONG KONG (Reuters) - Chinese private equity firm Primavera Capital Group, an early investor in billionaire Jack Ma's Ant Group, is raising a new U.S. dollar-denominated fund of up to $5 bi...
Syndicated Content Mar 07, 2021
Chinese beauty app Meitu shares surge after cryptocurrency investment
HONG KONG (Reuters) - Shares of Hong Kong-listed Chinese photo editing app Meitu Inc rose as much as 14.4% on Monday morning after the company said it had bought $40 million of cryptocurrencies. The b...
Syndicated Content Mar 07, 2021
Toyota VC invests in AI startups, firms that refine everyday processes
By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) - Toyota Motor Corp's first venture capital fund is investing in startups that help the Japanese automaker refine everyday processes by bringing sha...
Syndicated Content Mar 07, 2021

