Category Archives: (KFGO The Mighty 790) Technology
Investors go back to basics with simpler self-driving vehicles
By Nick Carey and Paul Lienert COVENTRY, England (Reuters) - Developing fully autonomous vehicles (AVs) that can go everywhere has proven harder and more expensive than expected, but investors are con...
Syndicated Content Feb 01, 2023
EV battery maker ONE raises $300 million, now valued at $1.2 billion
By Paul Lienert (Reuters) - Michigan-based battery startup Our Next Energy (ONE) on Wednesday said it closed a $300 million Series B funding round that takes the three-year-old company's valuation to ...
Syndicated Content Jan 31, 2023
Intel slashes employee, exec pay amid PC market downturn
(Reuters) - Intel Corp on Tuesday confirmed that it has implemented broad employee pay cuts. The reductions will range from 5% of base pay for mid-level employees to as much as 25% for Chief Executive...
Syndicated Content Jan 31, 2023
U.S. official acknowledges Japan, Netherlands deal to curb chipmaking exports to China
By Alexandra Alper and David Shepardson WASHINGTON (Reuters) - An American official on Tuesday made the most direct comments by a U.S. authority to date acknowledging the existence of a deal with Japa...
Syndicated Content Jan 31, 2023
Western Digital gets $900 million investment from Apollo, Elliot
By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) - Memory chip maker Western Digital Corp said on Tuesday it will receive $900 million through a convertible preferred stock deal from private equi...
Syndicated Content Jan 31, 2023
Chipmaker SK Hynix reports record Q4 loss as demand weakens
SEOUL (Reuters) -South Korea's SK Hynix Inc posted a record quarterly operating loss on Wednesday after warning of an "unprecedented deterioration" in memory chip demand. The world's second-biggest me...
Syndicated Content Jan 31, 2023
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
By Nate Raymond BOSTON (Reuters) - The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions o...
Syndicated Content Jan 31, 2023
Defense tech firm Mercury Systems announces CFO exit, strategic review
(Reuters) - Mercury Systems Inc on Tuesday announced the exit of finance chief Michael Ruppert and said the defense technology firm had initiated a review of strategic alternatives. The news comes a y...
Syndicated Content Jan 31, 2023
Britain’s first crypto regulations to set ‘robust’ standards
By Huw Jones LONDON (Reuters) - Britain's finance ministry plans "robust" regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left millions of people nursing ...
Syndicated Content Jan 31, 2023
ChatGPT owner launches ‘imperfect’ tool to detect AI-generated text
By Krystal Hu (Reuters) - OpenAI, the creator of the popular chatbot ChatGTP, has released a software tool to identify text generated by artificial intelligence, the company said in a blog post on Wed...
Syndicated Content Jan 31, 2023

