Category Archives: (KFGO The Mighty 790) Technology
OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) - OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion, Bloomberg News reported on Friday citing people with knowledge of the matter. The terms,...
Dec 22, 2023
SEC tells spot bitcoin ETF hopefuls to make final changes by year-end -sources
By Suzanne McGee and Hannah Lang (Reuters) - U.S. SEC officials met on Thursday with representatives of at least seven companies hoping to launch exchange-traded funds (ETFs) tied to spot bitcoin earl...
Dec 22, 2023
FTX debtors settle some claims over Embed deal with Sam Bankman-Fried, others
(Reuters) - Bankrupt crypto exchange FTX and its debtors on Friday said they have entered into a settlement agreement with founder Samuel Bankman-Fried and others to resolve some claims related to its...
Dec 22, 2023
Ansys explores sale amid takeover interest -sources
By Milana Vinn and Anirban Sen NEW YORK (Reuters) - Engineering software firm Ansys Inc is exploring options including a potential sale after receiving takeover interest from potential buyers, accordi...
Dec 22, 2023
Facebook’s Meta fined for breaches of Italian gambling ads ban
ROME (Reuters) - Meta Platforms, the parent company of Facebook, has become the latest tech company to be fined in Italy for breaches of a ban on the advertising of gambling. Meta has been fined 5.85 ...
Dec 22, 2023
Toyota’s Daihatsu to halt domestic production until end-Jan – Nikkei
TOKYO (Reuters) - Toyota Motor's small car unit Daihatsu Motor has decided to halt production at all its domestic plants until the end of January, the Nikkei business daily said on Friday, without cit...
Dec 22, 2023
British fintech Revolut revenue jumps, profit tumbles in 2022
By Elizabeth Howcroft and Andres Gonzalez LONDON (Reuters) -Fintech Revolut's revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth, but net profit fell ...
Dec 22, 2023
China’s BYD to build new energy vehicle production base in Hungary
BEIJING (Reuters) -Chinese electric vehicle giant BYD is to build a new energy vehicle production base in Hungary, it said on Friday. The new facility to be built in Szeged, southern Hungary is expect...
Dec 22, 2023
Toshiba sees power chips as immediate growth driver after $14 billion buyout
TOKYO (Reuters) - Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as the Japanese indust...
Dec 22, 2023
India boosts AI in weather forecasts as floods, droughts increase
By Kanjyik Ghosh MUMBAI (Reuters) - India is testing artificial intelligence (AI) to build climate models to improve weather forecasting as torrential rains, floods and droughts proliferate across the...
Dec 22, 2023
