Category Archives: (KFGO The Mighty 790) Technology
Geely’s EV brand Zeekr raises $750 million in fresh funding round
SHANGHAI (Reuters) - Zeekr, the electric car brand of China's Geely Automobile Holdings, is raising $750 million from five new and existing investors in a funding round that values the brand at $13 bi...
Feb 12, 2023
Exclusive: South Korea aims to join AI race as startup Rebellions launches new chip
By Jane Lanhee Lee and Joyce Lee SEOUL (Reuters) - South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a plac...
Feb 12, 2023
Meta delays setting team budgets as Facebook parent plans fresh round of layoffs -FT
(Reuters) - Facebook parent Meta Platforms Inc has delayed finalizing the budgets of multiple teams as it prepares a fresh round of job cuts, the Financial Times reported on Saturday. In recent weeks ...
Feb 11, 2023
Google cautions against ‘hallucinating’ chatbots – report
BERLIN (Reuters) - The boss of Google's search engine warned against the pitfalls of artificial intelligence in chatbots in a newspaper interview published on Saturday, as Google parent company Alphab...
Feb 10, 2023
Facebook, Gibson Dunn sanction order is light on dollars, heavy on message
By Alison Frankel (Reuters) - To Facebook parent Meta Platforms Inc and its lawyers at Gibson, Dunn & Crutcher, $925,000 isn't a whole lot of money. You might even say that a million bucks, give or ta...
Feb 10, 2023
PayPal pauses stablecoin work amid regulatory scrutiny of crypto – Bloomberg News
(Reuters) - PayPal Holdings Inc is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner on the project faces a probe by the New York State Department of...
Feb 10, 2023
Fed’s Waller says cryptocurrency buyers could lose their entire investments
By Ann Saphir (Reuters) - Federal Reserve Governor Christopher Waller on Friday had a pair of warnings for those involved in cryptocurrency assets, telling buyers they could lose their investments, an...
Feb 10, 2023
Exclusive-To tap U.S. government billions, Tesla must unlock EV chargers
By Jarrett Renshaw and Hyunjoo Jin (Reuters) - Tesla CEO Elon Musk has often talked about opening his Supercharging network to competitors, but has never actually done so in the United States, where t...
Feb 10, 2023
Apple to defend mobile payment system at Feb. 14 EU hearing, sources say
By Foo Yun Chee BRUSSELS (Reuters) - Apple Inc will seek to convince EU antitrust regulators that it does not block rivals' access to its technology used for mobile wallets at a closed hearing on Tues...
Feb 10, 2023
European telecoms’ advertising venture against Big Tech wins EU antitrust nod
BRUSSELS (Reuters) - Deutsche Telekom, Orange, Telefonica and Vodafone on Friday secured unconditional EU antitrust approval for their advertising joint venture to take on Big Tech. "The transaction, ...
Feb 10, 2023
