Category Archives: (KFGO The Mighty 790) Technology
China’s Xi urges greater innovation amid tech curbs from US
BEIJING (Reuters) - China's President Xi Jinping, on an inspection tour of a major industrial province, renewed his call for greater innovation and technological self-reliance, as the United States in...
Jul 07, 2023
EU and Belgium invest $1.6 billion in chip technology firm Imec
BRUSSELS (Reuters) -The European Union and Belgium's regional Flemish government will together invest 1.5 billion euros ($1.6 billion) in Belgian chip technology firm Imec, the Flemish government said...
Jul 07, 2023
Broadcom to invest in a $1 billion EU-funded chip programme in Spain
MADRID (Reuters) - U.S. chipmaker Broadcom will invest in a European Union-funded programme to develop a semiconductor industry in Spain, Chief Executive Charlie Kawwas said late on Thursday. "Excited...
Jul 07, 2023
Malaysia PM Anwar to meet Elon Musk to discuss investments
KUALA LUMPUR (Reuters) - Malaysia's Prime Minister Anwar Ibrahim on Friday said he will meet Elon Musk, CEO of Tesla and owner of Twitter, to discuss the billionaire's investment in the Southeast Asia...
Jul 07, 2023
India cenbank looking to enhance fintech regulations – deputy Rabi Sankar
MUMBAI (Reuters) - The Reserve Bank of India (RBI) is working on regulations that will be more "developmental" for financial technology, or fintech, companies, a deputy governor of the central bank sa...
Jul 07, 2023
China’s Alibaba unveils AI image generator to take on Midjourney and DALL-E
By Josh Ye HONG KONG (Reuters) - Alibaba Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator, initially available to enterprise customers in beta form, as it ramps u...
Jul 07, 2023
Telefonica sells controlling stake in Peruvian fibre optic network to KKR
MADRID (Reuters) - Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% to Entel's local business, the Spanish telecoms group said on Friday, addi...
Jul 07, 2023
Deutsche Boerse extends SimCorp takeover offer as it awaits regulators
FRANKFURT (Reuters) -Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp as it awaits Eur...
Jul 07, 2023
Elon Musk’s SpaceX to launch satellite internet service in Mongolia
BEIJING (Reuters) - Mongolia has approved two special licences for Elon Musk's SpaceX to operate as a service provider using low-orbit satellites, according to a government statement on Friday. Millio...
Jul 07, 2023
Exclusive-China to end Ant Group’s regulatory revamp with fine of at least $1.1 billion-sources
By Julie Zhu and Jane Xu HONG KONG (Reuters) - Chinese authorities are likely to announce a fine of at least 8 billion yuan ($1.1 billion) on Ant Group as soon as Friday, sources with direct knowledge...
Jul 06, 2023
