Category Archives: (Fargo | KFGO | kfgo.com) World News
Amazon.com to cut ‘several hundred’ Alexa jobs
By Greg Bensinger (Reuters) -Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing "shifting" business priorities and a greater focus on generative artificial in...
Nov 17, 2023
Jack Ma positive on Alibaba, will continue to hold shares – South China Morning Post
(Reuters) - Alibaba co-founder Jack Ma is "very positive" about the company and will continue to hold its shares, the South China Morning Post reported on Friday, citing a communiqu from his office. T...
Nov 17, 2023
Analysis-US consumer watchdog hands Wall Street rare win with Big Tech crackdown
By Hannah Lang (Reuters) - The U.S. consumer watchdog, not usually known to side with Wall Street lenders, has handed them a rare win by cracking down on Big Tech companies that are increasingly encro...
Nov 17, 2023
Amazon eyes $20 billion exports by 2025 from India, says company official
By Manoj Kumar NEW DELHI (Reuters) - Amazon is targeting merchandise exports worth $20 billion from India by 2025 by adding thousands of small sellers to its e-commerce platform, a company official sa...
Nov 17, 2023
Reaction to Alibaba’s scrapping of cloud unit spin-off
HONG KONG (Reuters) - Hong Kong-listed shares of China's Alibaba Group plunged 10% on Friday, wiping about $20 billion off its market value, after the company scrapped plans to spin off its cloud busi...
Nov 17, 2023
Panasonic plans to sell stake in autos business to Apollo Global funds
TOKYO (Reuters) -Japan's Panasonic Holdings said on Friday it plans to sell a stake in its automotive systems business to funds managed by U.S. private equity firm Apollo Global Management, and has si...
Nov 16, 2023
Germany’s budget committee interrupts 2024 budget deliberations -panel members
By Maria Martinez BERLIN (Reuters) -Germany's budget committee interrupted final deliberations on the 2024 draft budget early on Friday morning, according to the chief budget officers of the coalition...
Nov 16, 2023
China to allow road trials of intelligent connected vehicles
BEIJING (Reuters) - China will allow road trials of some intelligent connected vehicles (ICVs) in designated city areas, the industry ministry said on Friday. The world's largest auto market has set i...
Nov 16, 2023
Australian telco Optus tells lawmakers it had no plan to address total outage
By Byron Kaye SYDNEY (Reuters) - Australia's second-largest telco, Optus, had no crisis plan when a network-wide outage left nearly half the country without phone or internet for 12 hours, an executiv...
Nov 16, 2023
China’s Li Auto says to start mass production of its first EV in Feb
SHANGHAI (Reuters) - Chinese automaker Li Auto said on Friday it will start mass production of its first pure electric car in early February, 2024, at its Beijing plant. Delivery of the MEGA multi-pur...
Nov 16, 2023
