Category Archives: (KFGO The Mighty 790) Technology
Fed’s Williams touts need for more market data transparency
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday good data is key for market participants, central banks and regulators, and more should ...
Nov 16, 2023
BlackRock woos investors for ethereum trust to further crypto push
(Reuters) - Asset management giant BlackRock on Thursday began courting public investors for an ethereum trust, doubling down on its cryptocurrency bets amid potentially easing regulations over such i...
Nov 16, 2023
Games group Embracer’s shares soar as it tops Q2 profit forecast
By Jesus Calero and Elviira Luoma (Reuters) - Swedish games developer Embracer topped second-quarter operating profit expectations on Thursday, aided by its restructuring efforts, sending its shares u...
Nov 16, 2023
Cisco slumps after cutting annual profit, revenue forecasts
(Reuters) - Cisco tumbled 11% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. The...
Nov 16, 2023
Cyberattack on ICBC’s US unit to not have material impact on parent bank – Fitch
(Reuters) - Ratings agency Fitch on Thursday said the recent cyberattack at ICBC Financial Services will not have a material impact on its Chinese parent, although it highlights growing threats to glo...
Nov 16, 2023
Roboadvisor Wealthfront reaches $50 billion in client assets
By Hannah Lang (Reuters) - Digital wealth management provider Wealthfront, a pioneer in automated investing, now oversees more than $50 billion in assets and is set to grow revenue by more than 140% t...
Nov 16, 2023
Redwood inks long-term EV battery materials supply deal with Toyota
By Paul Lienert (Reuters) - Redwood Materials has signed a long-term contract to supply Toyota Motor with recycled materials for the Japanese automaker's $13.9 billion North Carolina electric vehicle ...
Nov 16, 2023
Spotify launches podcast ad marketplace in 5 countries
STOCKHOLM (Reuters) - Music streaming company Spotify on Thursday said it will launch its advertising marketplace for podcasts in five new markets, including Sweden and India. The Spotify Audience Net...
Nov 16, 2023
China’s Alibaba to scrap cloud unit spinoff in response to US chip curbs
(Reuters) -China's Alibaba Group Holding said on Thursday it will scrap the spin off of its cloud unit in response to export curbs by the United States on chips used in artificial intelligence applica...
Nov 16, 2023
Jack Ma’s family trust to sell 10 million shares in China’s Alibaba
(Reuters) - Chinese billionaire Jack Ma's family trust is set to sell 10 million American Depository Shares of Alibaba Group Holdings for about $871 million, the ecommerce company said in regulatory f...
Nov 16, 2023
