Category Archives: (KFGO The Mighty 790) Technology
Cable maker Credo slumps on forecast hit as top customer cuts orders
(Reuters) - Credo Technology Group Holding forecast fourth-quarter revenue well below estimates on Tuesday following a cut in orders from the cable maker's largest customer, sending its shares down as...
Feb 15, 2023
FTX bankruptcy judge rejects call for new investigation into crypto exchange’s collapse
By Dietrich Knauth (Reuters) -A U.S. bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation wo...
Feb 15, 2023
Carmaker Stellantis to open software development hub in Poland
MILAN (Reuters) - Stellantis said on Wednesday it will open a new software development hub near a manufacturing plant in Poland, staffing it with up to 300 people in the south-western city of Gliwice....
Feb 15, 2023
Amazon’s VC arm leads $20 million funding at entertainment firm Superplastic
(Reuters) - Entertainment company Superplastic said on Wednesday it had raised $20 million in a funding round led by the venture capital arm of Amazon.com Inc as it looks to expand its universe of dig...
Feb 15, 2023
Fintech threat to big banks fizzled in 2022 as rates rose – report
By Hannah Lang (Reuters) - The competitive threat of financial technology companies to big banks diminished over the past year as rising interest rates constricted funding, a new report from Moody's I...
Feb 15, 2023
Adobe will need EU okay to acquire Figma, regulators say
By Foo Yun Chee and Chavi Mehta (Reuters) -Adobe Inc will need to secure European Union antitrust approval for its $20 billion bid for cloud-based designer platform Figma even though the deal falls sh...
Feb 15, 2023
MTN commits to $1 billion Ghana investment after government scraps tax claim
JOHANNESBURG (Reuters) - MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims wort...
Feb 15, 2023
Tesla to halt some China production for upgrades – Bloomberg News
(Reuters) - Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg New...
Feb 15, 2023
EU set to investigate Amazon’s $1.7 billion iRobot deal – FT
(Reuters) - The European Union is set to investigate Amazon.com Inc's $1.7 billion purchase of iRobot Corp, the Financial Times reported on Wednesday. EU regulators have sent the e-commerce giant a se...
Feb 15, 2023
Norwegian payment app Vipps takes on Apple, wants EU antitrust action
By Foo Yun Chee BRUSSELS (Reuters) - Norwegian mobile payment app Vipps wants European Union (EU) antitrust regulators to force Apple to allow access to its tap and go technology without any restricti...
Feb 15, 2023
