Category Archives: (KFGO The Mighty 790) Technology
Volkswagen CEO: 20,000-euro EV could come in second half of decade
By Victoria Waldersee BERLIN (Reuters) -Volkswagen has not made a decision on producing a 20,000-euro ($21,714.00) electric car yet, but Chief Executive Oliver Blume is convinced that the company can ...
Nov 15, 2023
S.Korean taxi app Kakao Mobility plans to buy Europe’s FreeNow – media report
SEOUL (Reuters) - Kakao Mobility, a South Korean taxi-hailing service provider, plans to acquire European taxi platform FreeNow, Maeil Business Newspaper reported on Wednesday. Kakao Mobility will mak...
Nov 15, 2023
China’s JD.com posts third-quarter revenue below estimates
(Reuters) - JD.com on Wednesday reported quarterly revenue below estimates, as consumer prices in China continued to slip amid a wobbly economic recovery. The company reported net revenue of 247.7 bil...
Nov 15, 2023
BAIC unit applies for manufacturing approval for Xiaomi-branded EVs
BEIJING (Reuters) - A unit of Beijing-based automaker BAIC Group has applied for manufacturing approval for two Xiaomi-branded electric vehicles (EVs), China's industry ministry website showed on Wedn...
Nov 15, 2023
Baidu CEO warns China’s rush to develop AI models risks wasting resources
BEIJING (Reuters) - The head of one of China's leading AI firms, Baidu, warned on Wednesday that the fervor rushing to develop large language models in China could lead to a waste of resources, saying...
Nov 15, 2023
Tencent posts strong revenue growth as games sales recover
By Josh Ye HONG KONG (Reuters) -China's Tencent Holdings said third-quarter revenue climbed 10%, as its games business staged a robust recovery from a regulatory crackdown on the country's tech sector...
Nov 15, 2023
Exclusive-China’s Bytedance is talking to likely buyers about gaming unit Moonton’s sale-sources
By Josh Ye HONG KONG (Reuters) - TikTok owner ByteDance has been meeting up with potential buyers for a sale of its gaming unit Moonton Technology two years after it acquired the Shanghai-based studio...
Nov 15, 2023
Infineon reports better-than-expected 2023 revenue on semiconductor demand
BERLIN (Reuters) -German chip manufacturer Infineon reported higher-than-expected revenue for its 2023 fiscal year on Wednesday as demand for semiconductors, particularly in the electromobility and re...
Nov 15, 2023
Thailand to receive $8.5 billion worth of investment from AWS, Google, Microsoft
BANGKOK (Reuters) - Thailand will receive 300 billion baht ($8.46 billion) worth of investment from Amazon Web Services, Google and Microsoft, a government spokesperson said on Wednesday. The companie...
Nov 15, 2023
Renault’s EV unit Ampere targets 10 billion euros revenues in 2025
PARIS (Reuters) - French car maker Renault said on Wednesday its electric vehicles unit Ampere, which it plans to list on the market next year, will target 10 billion euros ($10.8 billion) in revenues...
Nov 15, 2023
