Category Archives: (KFGO The Mighty 790) Technology
German family-owned Schmid Group aims for SPAC listing on NYSE
By Emma-Victoria Farr FRANKFURT (Reuters) - Germany's Schmid Group, a technology firm specialising in electronics, said on Wednesday it plans to list in New York via a special purpose acquisition comp...
Syndicated Content May 31, 2023
Canada to set up cyber security certification for defence contractors – minister
OTTAWA (Reuters) -Canada will work with the United States to draft a cyber security certification framework for defence contractors that will be identical for both countries as incidents of malicious ...
Syndicated Content May 31, 2023
AI boom triples valuation of Lightmatter, US startup using light for computing
By Jane Lanhee Lee OAKLAND, California (Reuters) - Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday it raised $154 million and tripled its valuation as customers in ...
Syndicated Content May 31, 2023
Advance Auto Parts cuts full-year profit guidance as costs weigh
(Reuters) - Advance Auto Parts Inc lowered its full-year profit outlook on Wednesday on the back of elevated costs, sending the auto parts retailer's shares down 24% before the opening bell. High raw ...
Syndicated Content May 31, 2023
EU tech chief calls for voluntary AI code of conduct within months
By Philip Blenkinsop LULEA, Sweden (Reuters) - The United States and European Union should push the artificial intelligence (AI) industry to adopt a voluntary code of conduct within months to provide ...
Syndicated Content May 31, 2023
India to launch electronics repair pilot project
BENGALURU (Reuters) - India is launching a pilot project aimed at stimulating its electronics repair outsourcing industry by relaxing some import-export rules and environmental laws, the country's IT ...
Syndicated Content May 31, 2023
Britain’s Monzo narrows annual loss, IPO ‘some ways down the road’
By Iain Withers LONDON (Reuters) - British digital bank Monzo marginally narrowed its annual loss in the year to February 2023 and said it had reached monthly profitability, as it battles to match som...
Syndicated Content May 31, 2023
Infineon CFO: looking for acquisitions of up to 3 billion euros
BERLIN (Reuters) - Infineon is looking for small- and medium-sized acquisitions worth up to 3 billion euros ($3.30 billion) that would fit well with the German chipmaker's portfolio, Chief Financial O...
Syndicated Content May 31, 2023
Huuuge plans to release first PC games in H2
(Reuters) - Polish mobile games developer Huuuge plans to release its first PC games in the second half of the year including its biggest titles - "Huuuge Casino" and "Billionaire Casino", Deputy CEO ...
Syndicated Content May 31, 2023
Cloud computing firm CoreWeave raises another $200 million amid AI boom
By Krystal Hu and Stephen Nellis (Reuters) - Specialized cloud computing provider CoreWeave has raised $200 million in funding from its existing investor Magnetar Capital, highlighting investor intere...
Syndicated Content May 31, 2023

