Category Archives: (KFGO The Mighty 790) Technology
Apple supplier Foxconn’s Q4 profit falls 10%, in line with estimates
By Yimou Lee and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn reported on Wednesday a 10% fall in fourth-quarter net profit from a year earlier, as production at its biggest iPhone factory wa...
Syndicated Content Mar 15, 2023
Abu Dhabi’s G42 acquires $100 million ByteDance stake at $220 billion valuation – Bloomberg News
(Reuters) - Abu Dhabi-based artificial intelligence firm G42 acquired a $100 million plus stake in Tiktok-parent ByteDance, valuing the company at $220 billion, Bloomberg News reported late on Wednesd...
Syndicated Content Mar 14, 2023
Samsung Electronics to invest $230 billion through 2042 in South Korea chipmaking base
SEOUL (Reuters) - Samsung Electronics Co Ltd on Wednesday said it will invest around 300 trillion won ($230 billion) by 2042 to develop what the government called the world's largest chip-making base,...
Syndicated Content Mar 14, 2023
Tech pressure, Yellen everywhere: How Washington scrambled as SVB collapsed
By Andrea Shalal WASHINGTON (Reuters) - The U.S. government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest ban...
Syndicated Content Mar 14, 2023
Coinbase opens local bank transfers for Singapore users at no cost
By Rae Wee SINGAPORE (Reuters) - Cryptocurrency exchange Coinbase will let customers in Singapore move funds to and from accounts via local banks, smoothing one path to investing in digital assets at ...
Syndicated Content Mar 14, 2023
NASA awards Firefly Aerospace $112 million contract for far-side moon lander
(Reuters) - NASA on Tuesday said it had picked U.S. rocket builder Firefly Aerospace to put a lander on the moon's far side in 2026, under a nearly $112 million contract. "The commercial lander will d...
Syndicated Content Mar 14, 2023
TikTok mulls splitting from ByteDance if proposal with U.S. fails – Bloomberg News
(Reuters) - China's TikTok is considering separating from parent ByteDance to help address U.S. concerns about national security risks, Bloomberg News reported on Tuesday, citing people familiar with ...
Syndicated Content Mar 14, 2023
French regulators lift ban on online marketplace Wish
(Reuters) - ContextLogic Inc said on Tuesday that France had lifted the ban on its e-commerce marketplace, Wish, after it was delisted from search engines and app stores over concerns about product sa...
Syndicated Content Mar 14, 2023
US SEC says IT services firm DXC made ‘misleading’ non-GAAP disclosures
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission said on Tuesday that IT services firm DXC Technology had made misleading disclosures about its non-GAAP financial pe...
Syndicated Content Mar 14, 2023
Nigeria launches $672 million tech fund for young investors
LAGOS (Reuters) - Nigeria launched a $672 million fund on Tuesday to support tech and creative sectors for young investors who struggle to raise capital in Africa's largest economy. The fund - targeti...
Syndicated Content Mar 14, 2023

