Category Archives: (KFGO The Mighty 790) Technology
Tesla’s searing rally elicits downgrades, caution on Wall Street
By Aniruddha Ghosh (Reuters) - A blistering rally in Tesla Inc shares has powered the EV maker's market value toward trillion-dollar levels, prompting some analysts to question its valuation and downg...
Syndicated Content Jun 26, 2023
IBM to acquire software firm Apptio for $4.6 billion
(Reuters) -IBM said on Monday it will acquire cloud software company Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabilities in cloud and automation....
Syndicated Content Jun 26, 2023
Alphabet bets on lasers to deliver internet in remote areas
By Jane Lanhee Lee and Nathan Frandino MOUNTAIN VIEW, California (Reuters) - Google parent Alphabet has already tried and failed to bring internet access to rural and remote areas by using high-altitu...
Syndicated Content Jun 26, 2023
Berkshire Hathaway sells $86.3 million worth of shares in China’s BYD
HONG KONG (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 2.53 million Hong Kong-listed shares of electric vehicle maker BYD for HK$675.80 million ($86.3 milli...
Syndicated Content Jun 26, 2023
Biden to detail plans for $42 billion investment in US internet access
By Jarrett Renshaw (Reuters) - U.S. President Joe Biden on Monday plans to lay out how a $42 billion investment in expanding internet access will be divvied up among the nation's 50 states, in an effo...
Syndicated Content Jun 26, 2023
Suncor Energy says it experienced a cybersecurity incident
(Reuters) - Canadian energy firm Suncor on Sunday said it experienced a cybersecurity incident, adding that some transactions with customers and suppliers could be impacted while they investigate and ...
Syndicated Content Jun 26, 2023
Aston Martin, Lucid Group to enter into agreement to make electric vehicles
(Reuters) -British luxury carmaker Aston Martin said on Monday it would enter into an agreement with Lucid Group to manufacture "high performance" electric vehicles (EVs). As part of the agreement, U....
Syndicated Content Jun 26, 2023
Analysis-After the buzz, investors are doing their own homework on AI
By Danilo Masoni and Lucy Raitano MILAN (Reuters) - The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial euphoria, investors are waking up to t...
Syndicated Content Jun 26, 2023
A second life for EV batteries? Depends how long the first is
By Nick Carey, Paul Lienert and Victoria Waldersee LONDON (Reuters) - Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery pa...
Syndicated Content Jun 26, 2023
India’s Infosys enters into $454-million deal with Danske Bank
BENGALURU (Reuters) -India's second-largest IT services firm Infosys said on Monday it was selected by Denmark-based Danske Bank as a partner to accelerate the lender's digital transformation. The dea...
Syndicated Content Jun 25, 2023

