Category Archives: (KFGO The Mighty 790) Technology
FTC chair met UK antitrust officials last week but did not talk deals
WASHINGTON (Reuters) - Federal Trade Commission Chair Lina Khan met with the heads of other antitrust enforcers, including Britain's, last week but no mergers were discussed, according to an FTC offic...
Apr 27, 2023
Germany may restrict export of chip chemicals to China – Bloomberg
FRANKFURT (Reuters) - Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government's efforts to reduce its economic exposure to the Asian ec...
Apr 27, 2023
US appeals court rejects bid by states to revive antitrust lawsuit against Facebook
WASHINGTON (Reuters) - A U.S. appeals court on Thursday refused to revive a lawsuit filed by states against Meta's Facebook that alleged that the company had broken antitrust law. (Reporting by Diane ...
Apr 27, 2023
Dropbox to cut workforce by 16%, hire new talent for AI-powered products
(Reuters) - Cloud storage provider Dropbox Inc said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offering...
Apr 27, 2023
Japan’s Honda, GS Yuasa to invest $3 billion for battery development, build plant -Nikkei
TOKYO (Reuters) - Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp will invest over 400 billion yen ($2.99 billion) and team up to produce batteries for electric vehicles (EVs) an...
Apr 27, 2023
First Belgian cryptocurrency platform suspends its activities
BRUSSELS (Reuters) - Bit4You, the first and only cryptocurrency lending platform in Belgium, said it is suspending its activities after CoinLoan, one of its main service providers, was declared insolv...
Apr 27, 2023
Spotify investigating issues after reports of outage
(Reuters) - Spotify Technology said on Thursday it was investigating some issues with its web page, following reports that the audio streaming platform was down for thousands of users. There were more...
Apr 27, 2023
India’s LTIMindtree posts Q4 profit miss as costs rise
BENGALURU (Reuters) - India's LTIMindtree reported a lower-than-expected fourth quarter profit on Thursday as expenses rose and margins shrank, while the industry grappled with falling client budgets ...
Apr 27, 2023
UK sets out tougher gambling rules for smartphone era
By Kylie MacLellan and Muvija M LONDON (Reuters) -The British government has announced long-awaited proposals to crack down on problem gambling, aiming to bring regulations up to date with the rise in...
Apr 27, 2023
Chinese EV giant BYD’s first-quarter profit jumps fivefold
BEIJING/SHANGHAI (Reuters) -Chinese electric vehicle giant BYD Co. posted a fivefold jump in its first-quarter profit on Thursday as the company consolidated its leadership in the domestic market. Net...
Apr 27, 2023
