Category Archives: (KFGO The Mighty 790) Technology
Broadcom closes $69 billion VMware deal after China approval
By Harshita Mary Varghese (Reuters) - Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending ...
Nov 22, 2023
Analysis-Temu, Shein far lag Amazon as online holiday shopping ramps up
By Arriana McLymore NEW YORK (Reuters) - Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this holiday season, but they far lag market leader Amazo...
Nov 22, 2023
Factbox-‘Boomerang’ CEOs of major companies
(Reuters) - Sam Altman reached an agreement with OpenAI to return as CEO on Wednesday, after a tumultuous few days following his ouster by the company's board. He joins a list of big name "boomerang" ...
Nov 22, 2023
Former Huawei handset unit Honor preparing for an initial public offering – state media
SHENZHEN, China (Reuters) - Mobile phone maker Honor is preparing for an initial public offering, the state-owned Securities Times reported on Wednesday, without specifying a timeframe. Honor was prev...
Nov 22, 2023
German court ruling could cost Intel billions of euros in subsidies – state minister
BERLIN (Reuters) - The negative court ruling on German finances last week could cost Intel billions of euros in subsidies for planned chip-making plants in the state of Saxony-Anhalt, the state econom...
Nov 22, 2023
Indian foodtechs Zomato, Swiggy get notice for $90 million in unpaid taxes -CNBC TV18
BENGALURU (Reuters) - India's top organization for indirect taxes has issued notices on unpaid taxes worth about 7.5 billion rupees ($90 million) to food delivery companies Zomato and Swiggy, CNBC-TV1...
Nov 22, 2023
Spain’s watchdog clears Amazon, Booking.com, Tripadvisor over fake reviews
(Reuters) - Spain's anti-trust watchdog on Wednesday cleared Amazon, Booking Holdings and Tripadvisor of participating in or facilitating fake reviews on their websites. CNMC, as the watchdog is known...
Nov 22, 2023
Alibaba exec moves to quell staff concern over Jack Ma share sale with internal post
By Casey Hall and Jenny Wang SHANGHAI/BEIJING (Reuters) - A top Alibaba executive told staff on Wednesday that it was a "coincidence" that a plan by former chief Jack Ma's family trust to sell some sh...
Nov 22, 2023
Reaction to Sam Altman’s return as OpenAI CEO
(Reuters) - OpenAI said on Tuesday it had reached an agreement for Sam Altman to return as CEO days after his ouster, capping frenzied discussions about the future of the startup at the center of the ...
Nov 22, 2023
Factbox-OpenAI’s new-look board as Altman returns
(Reuters) - ChatGPT-maker OpenAI on Tuesday said it reached an agreement for Sam Altman to return as CEO days after his ouster, and also agreed in principle to partly reconstitute the board of directo...
Nov 22, 2023
