Category Archives: (KFGO The Mighty 790) Technology
Lending platform Upstart’s shares jump in Nasdaq debut
(Reuters) - Shares of Upstart Holdings Inc jumped 30% in market debut on Wednesday, giving the cloud-based artificial intelligence (AI) lending platform a market capitalization of $1.88 billion. Upsta...
Dec 16, 2020
Facebook accuses Apple of anticompetitive behavior over privacy changes
PALO ALTO/NEW YORK (Reuters) - Facebook Inc accused rival Apple Inc of engaging in anticompetitive practices on Wednesday, firing another shot in a monthslong standoff between the two tech giants over...
Dec 16, 2020
Ransomware attacks on the rise even as cyber insurers scale back
By Noor Zainab Hussain and Carolyn Cohn (Reuters) - Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cov...
Dec 16, 2020
Lyft, Motional to launch multi-city U.S. robotaxi service in 2023
By Paul Lienert DETROIT (Reuters) - Lyft Inc and Motional will launch a multi-city U.S. robotaxi service in 2023, the partners said on Wednesday. The driverless vehicles will be provided by Motional, ...
Dec 16, 2020
Shares of e-commerce firm Wish fall in market debut
(Reuters) - Shares of ContextLogic Inc, which does business as Wish, fell more than 5% in their debut on Wednesday after the e-commerce firm raised $1.1 billion in its stock market launch. The company...
Dec 16, 2020
E-commerce firm StockX raises $275 million in funding round, valuation at $2.8 billion
(Reuters) - StockX said on Wednesday it raised $275 million in a funding round led by investment firm Tiger Global Management, valuing the e-commerce startup at $2.8 billion. The Series E round, which...
Dec 16, 2020
Bitcoin breaks above $20,000 for first time
LONDON (Reuters) - Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5% to move as high as $20,440. Bitcoin has gained more than 170% this ...
Dec 16, 2020
Samsung ties up with IBM to combine private 5G with “edge computing”
By Supantha Mukherjee STOCKHOLM (Reuters) - Samsung Electronics on Wednesday signed a partnership with IBM to combine "edge computing" with private 5G networks, the latest tie-up among big technology ...
Dec 16, 2020
Greece gets 372.26 million euros from 5G frequencies auction
ATHENS (Reuters) - Greece has raised 372.26 million euros ($453.78 million) from granting rights for the use of different bands for the development of 5G networks, it said on Wednesday. After six bind...
Dec 16, 2020
British drivers take Uber to Dutch court over data use
AMSTERDAM (Reuters) - A group of British Uber drivers took their employer to court in the Netherlands on Wednesday in a bid to get access to data the company collects about them. The drivers say Uber ...
Dec 16, 2020
