Category Archives: (Fargo | KFGO | kfgo.com) World News
US consumer watchdog proposes rules for Big Tech payments, digital wallets
WASHINGTON (Reuters) - The top U.S. consumer financial watchdog on Tuesday proposed to regulate tech giants' digital payments and smartphone wallet services, saying they rival traditional payment meth...
Nov 07, 2023
Rebate software startup Enable valued at $1 billion after latest capital raise
By Krystal Hu (Reuters) - Enable, a startup that sells rebate software to trading partners, has raised $120 million in a latest funding round that valued it at $1 billion, the company said on Tuesday....
Nov 07, 2023
Nissan to invest $575 million in Brazil plant by 2025
RIO DE JANEIRO (Reuters) - Japanese carmaker Nissan will invest 2.8 billion reais ($575.22 million) between 2023 and 2025 in its Resende plant in Brazil to produce two new SUV models, global CEO Makot...
Nov 07, 2023
Coinbase strengthens its global advisory council
(Reuters) - Coinbase said on Tuesday it had added four national security experts to its global advisory council as the cryptocurrency industry comes under intense regulatory scrutiny following the col...
Nov 07, 2023
Emerson Electric misses estimates for fourth-quarter sales, profit
(Reuters) - U.S. industrial conglomerate Emerson Electric Co on Tuesday reported fourth-quarter sales and profit below Wall Street estimates, hit by supply chain disruptions. Shares of the company wer...
Nov 07, 2023
Cybersecurity firm Gen Digital beats revenue estimates on stable demand
(Reuters) - Gen Digital beat second-quarter revenue estimates on Tuesday as rising digital threats and hacks drove stable demand for its cybersecurity products, sending the company's shares more than ...
Nov 07, 2023
Qraft rolls out latest AI-driven ETF with South Korea’s LG
By Suzanne McGee (Reuters) - Qraft Technologies on Tuesday launched its fifth exchange-traded fund (ETF) that relies on artificial intelligence to select holdings, continuing its expansion of the nich...
Nov 07, 2023
Datadog tops quarterly estimates on robust bookings, raises annual forecast
(Reuters) - Datadog on Tuesday topped estimates for third-quarter results and raised its forecast for annual adjusted profit and revenue, driven by demand from customers seeking better security soluti...
Nov 07, 2023
GlobalFoundries projects profit above estimates in positive sign for chip market
(Reuters) - Contract chipmaker GlobalFoundries forecast fourth-quarter profit above analysts' estimates on Tuesday, providing the latest sign that a supply glut in the semiconductor industry was easin...
Nov 07, 2023
Big Tech to face tougher rules on targeted political ads in EU
By Foo Yun Chee BRUSSELS (Reuters) - Big Tech firms will face new European Union rules to clearly label political advertising on their platforms, who paid for it and how much and which elections are b...
Nov 07, 2023
