Category Archives: (KFGO The Mighty 790) Technology
TPG to buy Forcepoint unit from Francisco Partners
(Reuters) - Forcepoint said on Monday buyout firm TPG would purchase its government cybersecurity business from parent Francisco Partners. The deal's financial terms were not disclosed. The deal was f...
Jul 10, 2023
Explainer-What’s next for Ant after its nearly $1 billion fine?
BEIJING (Reuters) - The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a line under the fintech giant's woes and given hope to investors that a regulatory crackd...
Jul 10, 2023
Foxconn pulls out of India chip JV with Vedanta
BENGALURU (Reuters) - Foxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India. (Reporting by Munsif Vengattil in Bengaluru, Editi...
Jul 10, 2023
Analysis-U.S. crypto lobbyists court Democrats in fresh legislative push
By Michelle Price WASHINGTON (Reuters) - Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legis...
Jul 10, 2023
Standard Chartered bumps up bitcoin forecast to $120,000
LONDON (Reuters) - Top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered said on Monday, predicting the jump in its price could encourage bitcoin ...
Jul 10, 2023
Twenty-four central banks will have digital currencies by 2030 – BIS survey
By Karin Strohecker LONDON (Reuters) - Some two dozen central banks across emerging and advanced economies are expected to have digital currencies in circulation by the end of the decade, the Bank for...
Jul 10, 2023
Explainer-What’s behind China’s failed ‘truce’ in EV price war?
(Reuters) - The group representing China's auto manufacturers has retracted a pledge to avoid "abnormal pricing" that it had brokered between 16 automakers, including Tesla, breaking off a truce in a ...
Jul 10, 2023
Ocado launches first robotic warehouse in Asia with Aeon
LONDON (Reuters) - British online supermarket and technology group Ocado said on Monday its first robotic warehouse in Asia, built for Japanese partner Aeon, has gone live. The warehouse, or customer ...
Jul 10, 2023
Alibaba stock set to open up 5.5% amid hopes regulatory crackdown is ending
HongKong (Reuters) - Hong Kong shares of Alibaba Group were set to open up 5.5% on Monday after China fined its affiliate, Ant Group, $984 million for violating "laws and regulations", fuelling hopes ...
Jul 09, 2023
TPG to buy Forcepoint unit from Francisco Partners for $2.45 billion – WSJ
(Reuters) - Buyout house TPG is buying a business unit of software provider Forcepoint for $2.45 billion from Francisco Partners, the Wall Street Journal reported on Sunday citing people familiar with...
Jul 09, 2023
