Category Archives: (KFGO The Mighty 790) Technology
Boies, co-counsel move to grab control of all private FTX cases
By Alison Frankel (Reuters) - Get ready for a fight over control of private litigation arising from the megabillion-dollar collapse of now-bankrupt crypto exchange FTX - and the legal fees that go wit...
Feb 13, 2023
Amazon CEO doubles down on grocery store business – FT
(Reuters) - Amazon.com Inc Chief Executive Andy Jassy has vowed to double down on the ecommerce giant's struggling grocery store business, the Financial Times reported on Monday. Jassy blamed a lack o...
Feb 13, 2023
Paxos receives U.S. SEC notice over Binance’s stablecoin ‘BUSD’
(Reuters) - Paxos said on Monday it had received a notice from the U.S. Securities and Exchange Commission stating it is considering recommending an action alleging that BUSD is a security and the blo...
Feb 13, 2023
Palantir expects 2023 to be first profitable year, sees AI driving growth
By Chavi Mehta (Reuters) - Palantir Technologies said it expects 2023 to be its first profitable year as the maker of data analytics software benefits from cost cuts and the artificial intelligence bo...
Feb 13, 2023
Biden telecom board nominee says industry out to block her from position
By David Shepardson WASHINGTON (Reuters) - President Joe Biden's pick for a key fifth seat on the Federal Communications Commission will tell lawmakers industry opponents have sought to scuttle her no...
Feb 13, 2023
Delivery Hero ramps up interest payments to raise 1 billion euro convertible bond
By Pablo Mayo Cerqueiro (Reuters) - Germany's Delivery Hero is offering investors significantly higher interest payments than it has done historically to raise 1 billion euros ($1.07 billion) through ...
Feb 13, 2023
Amazon’s Zoox tests robotaxi on public road with employees as passengers
By Abhirup Roy SAN FRANCISCO (Reuters) - Amazon.com Inc's self-driving vehicle unit, Zoox, said on Monday it has successfully tested a robotaxi with employees as passengers on a public road in a move ...
Feb 13, 2023
Ford to invest $3.5 billion to build Michigan battery plant
(Reuters) - Ford Motor Co will build a new lithium iron phosphate battery plant in Michigan as part of a $3.5 billion investment plan, the automaker and state said Monday. The plant will be located in...
Feb 13, 2023
Transportation company Via valued at $3.5 billion after latest fund-raise
(Reuters) - Via is valued at $3.5 billion, the transportation company said on Monday, after it raised fresh capital in a funding round led by 83North. The company, which was founded in 2012 with a few...
Feb 13, 2023
Meta business chief to depart
(Reuters) -Meta Platforms said on Monday Chief Business Officer Marne Levine was leaving the owner of Facebook after a 13-year stint. Fifty-two-year-old Levine, appointed as the company's first chief ...
Feb 13, 2023
