Category Archives: (KFGO The Mighty 790) Technology
Tesla stock rise appears to qualify CEO Musk for $700 million payday
By Noel Randewich (Reuters) - Tesla Chief Executive Elon Musk appeared to qualify on Monday for a $700 million payday, just three days after he said the electric car company's stock price was too high...
May 04, 2020
Intel buys Moovit transit app for $900 million to help develop robotaxis
JERUSALEM/NEW YORK (Reuters) - Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets...
May 04, 2020
Fintech startup Robinhood raises fresh funds at $8.3 billion valuation
(Reuters) - Robinhood Markets Inc said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market vo...
May 04, 2020
Apple, Google ban use of location tracking in contact tracing apps
By Stephen Nellis and Paresh Dave (Reuters) - Apple Inc and Alphabet Inc's Google on Monday said they would ban the use of location tracking in apps that use a new contact tracing system the two are b...
May 04, 2020
UK’s centralised COVID-19 app will offer more insight, says programme head
LONDON (Reuters) - The COVID-19 smartphone app being developed by Britain will be able to give serious insights into the virus by virtue of using centralised matching, despite its offering less privac...
May 04, 2020
Fitness group cure.fit lays off employees, mulls all-digital move: sources
By Chandini Monnappa BENGALURU (Reuters) - Indian gym and wellness startup cure.fit has laid off as many as 800 of its staff across the country and permanently closed a number of fitness centres to cu...
May 04, 2020
Xiaomi to roll out new e-commerce service in India to boost sales during lockdown
NEW DELHI (Reuters) - Chinese smartphone maker Xiaomi Corp said on Monday it will launch an e-commerce service in India this week to enable customers stuck at home during a nationwide lockdown to buy ...
May 04, 2020
Uber’s Careem cuts 31% of workforce
DUBAI (Reuters) - Uber Technologies subsidiary Careem on Monday said it would lay off 536 employees this week, representing 31% of its workforce. Dubai-headquarterd Careem, which primarily operates in...
May 04, 2020
Apple launches new MacBook Pro
(Reuters) - Apple Inc (AAPL.O) on Monday launched an updated version of its MacBook Pro, with modified keyboards as the laptop line had faced criticism for typing-related problems, while boosting perf...
May 04, 2020
Vodacom launches commercial 5G mobile network in South Africa
JOHANNESBURG (Reuters) - Mobile operator Vodacom Group said on Monday it had switched on Africa's first live 5G mobile network in three cities in South Africa, with further rollouts planned in other p...
May 04, 2020
