Category Archives: (KFGO The Mighty 790) Technology
China Telecom establishes quantum technology group
By Casey Hall SHANGHAI (Reuters) - China Telecom has invested 3 billion yuan ($434 million) to establish the China Telecom Quantum Information Technology Group Co., it said in a statement on its offic...
Syndicated Content May 30, 2023
Foxconn sees AI driving strong server demand, but full year to be flat
TAIPEI (Reuters) - Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be ...
Syndicated Content May 30, 2023
Elon Musk visits China’s commerce ministry
By Martin Quin Pollard BEIJING (Reuters) - Tesla Inc CEO Elon Musk kicked off his second day in China with a visit to the country's commerce ministry on Wednesday morning. A day earlier, he met with C...
Syndicated Content May 30, 2023
India poised to deny funding for Vedanta-Foxconn chip venture – Bloomberg News
(Reuters) - The Indian government is poised to deny crucial funding for Anil Agarwal's chip venture, Bloomberg News reported on Tuesday, a setback to the billionaire's ambition to build India's 'own S...
Syndicated Content May 30, 2023
Mexican data center firm KIO aims to double capacity by 2025, sees nearshoring boost
By Valentine Hilaire MEXICO CITY (Reuters) - Mexican firm KIO is aiming to double the capacity of its data centers over the next two years, taking advantage of President Andres Manuel Lopez Obrador's ...
Syndicated Content May 30, 2023
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar
By David Kirton SHENZHEN, China (Reuters) - For the ambitious Chinese tech entrepreneur, expanding into the U.S. just keeps getting harder. Before 2019, there were few major impediments to having a Ch...
Syndicated Content May 30, 2023
Activist investor Legion urges Twilio to consider board changes, divestitures- The Information
(Reuters) - Activist investor Legion Partners has met Twilio Inc officials several times, urging the cloud computing company to make changes to its board and consider divestitures, The Information rep...
Syndicated Content May 30, 2023
Factbox-How megacap stocks fared after hitting $1 trillion in market cap
NEW YORK (Reuters) - A mammoth run in shares of Nvidia Corp has vaulted the chipmaker into a rarified club: U.S. companies that have reached $1 trillion in market value. Nvidia's market cap ended at a...
Syndicated Content May 30, 2023
Despite Nvidia’s rally, some say the stock is actually cheaper
By Sinad Carew and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) -Even after Nvidia Corp's blistering rally in recent days, the chip developer's valuation has actually fallen, at least by one measur...
Syndicated Content May 30, 2023
Fidelity marks down value of Twitter stake again
(Reuters) - A Fidelity fund has marked down the value of its stake in Twitter for the third time since Elon Musk's $44 billion takeover of the social media platform in October, a monthly disclosure by...
Syndicated Content May 30, 2023

