Category Archives: (KFGO The Mighty 790) Technology
U.S. House committee to hold hearing on collapse of FTX
By David Shepardson WASHINGTON (Reuters) -The U.S. House Financial Services Committee said Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX. ...
Syndicated Content Nov 16, 2022
FTX founder Bankman-Fried sued in US court over yield-bearing crypto accounts
(Reuters) - FTX founder Sam Bankman-Fried has been sued in U.S. court by investors alleging the company's yield-bearing crypto accounts violated Florida law, according to court papers. (Reporting by A...
Syndicated Content Nov 16, 2022
BDT Capital Partners takes minority stake in German chip plant builder Exyte
BERLIN (Reuters) - German chip factory builder Exyte said on Wednesday that U.S. investor BDT Capital Partners was acquiring a minority stake in the Stuttgart-based based company. BDT will become a mi...
Syndicated Content Nov 16, 2022
Micron expects to supply fewer memory chips in 2023
(Reuters) - Semiconductor firm Micron Technology Inc on Wednesday lowered its 2023 forecast for supply of its memory chips, saying it needed to shrink supply in order to adjust to weak demand. Micron ...
Syndicated Content Nov 16, 2022
Dell reaches $1 billion lawsuit settlement
(Reuters) - Dell Technologies Inc has reached a $1 billion settlement of a lawsuit accusing it of short-changing some investors in an approximately $24 billion transaction where it returned to being a...
Syndicated Content Nov 16, 2022
AMD chip to power auto supplier Aisin’s new automated car parking system
By Jane Lanhee Lee and Paul Lienert OAKLAND Calif/DETROIT (Reuters) - U.S. chip design firm Advanced Micro Devices Inc on Wednesday said Japan's major automotive supply company Aisin Corp has chosen A...
Syndicated Content Nov 16, 2022
Nvidia says it is working with Microsoft to build ‘massive’ cloud AI computer
By Jane Lanhee Lee OAKLAND, Calif, (Reuters) - U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a "massive" computer to handle intense ...
Syndicated Content Nov 16, 2022
Crypto broker Genesis suspends redemptions, new loans to shore up liquidity
(Reuters) -Genesis is temporarily suspending redemptions and new loan originations at its lending business, the crypto broker said on Wednesday, the latest sign of the industry fallout from last week'...
Syndicated Content Nov 16, 2022
Surf Air confidentially files for direct listing after ending SPAC deal
(Reuters) - Electric aviation and air travel company Surf Air Mobility said on Wednesday it had confidentially filed for a direct listing in the United States, after its merger deal with a special pur...
Syndicated Content Nov 16, 2022
Grab lifts revenue outlook on rideshare, food delivery strength
(Reuters) -Grab Holdings Ltd on Wednesday raised its forecast for annual revenue as demand for its ride-hailing service and food deliveries remains strong across Southeast Asia. U.S.-listed shares of ...
Syndicated Content Nov 16, 2022

