Category Archives: (KFGO The Mighty 790) Technology
China EV maker Zeekr to start investor tour ahead of $1 billion US IPO -sources
By Julie Zhu and Scott Murdoch HONG KONG (Reuters) - Zeekr, Chinese automaker Geely's premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a $1 billion ...
Aug 23, 2023
Facebook owner Meta breaks privacy rules, Norway regulator tells court
By Gwladys Fouche OSLO (Reuters) - Meta Platforms is breaking European data privacy rules in Norway, the country's data regulator told a court on Wednesday, in a case that could have wider European im...
Aug 23, 2023
Exclusive-China’s Xiaomi wins state planner nod to make EVs amid glut in autos
By Julie Zhu HONG KONG (Reuters) - Xiaomi Corp has won the approval of China's state planner to manufacture electric vehicles (EVs), said two people with knowledge of the matter, marking a major step ...
Aug 23, 2023
Analysis-UK’s handling of Microsoft deal sows doubts over post-Brexit direction
By Paul Sandle and Kate Holton LONDON (Reuters) - The long-running battle between Microsoft and Britain over the Activision Blizzard deal took another twist on Tuesday, raising more questions than ans...
Aug 23, 2023
Analysis-Investors look to AI-darling Nvidia’s earnings as US stocks rally wobbles
By Lewis Krauskopf NEW YORK (Reuters) - Bullish investors are hoping Wednesday's earnings report from chip heavyweight Nvidia can rejuvenate a U.S. stocks rally that has stumbled in recent weeks. Nvid...
Aug 23, 2023
Huawei is building secret network for chips, trade group warns – Bloomberg News
(Reuters) - Huawei Technologies Co is building a collection of secret semiconductor-fabrication facilities across China to let the company skirt U.S. sanctions, a Washington-based semiconductor associ...
Aug 22, 2023
US FTC to probe Qualcomm’s purchase of Israel’s Autotalks – Politico
(Reuters) - The U.S. Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm's purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing...
Aug 22, 2023
Nvidia options show traders positioned for outsized share move after earnings
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Traders in the U.S. equity options market are expecting a larger-than-usual swing in Nvidia's shares following the chipmaker's quarterly results after the clo...
Aug 22, 2023
Cryptoassets increase risk in developing economies, study says
NEW YORK (Reuters) - Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise but are themselves adding to financial risks in developing economies, according to...
Aug 22, 2023
Fintech firm Ramp raises $300 million at lowered valuation of $5.8 billion
(Reuters) - Ramp, a developer of financial management software, has raised $300 million in its latest funding round to accelerate expansion in new categories, the company said on Tuesday, notching up ...
Aug 22, 2023
