Category Archives: (Fargo | KFGO | kfgo.com) World News
Software startup ServiceTitan prepares for 2024 IPO-sources
By Anirban Sen and Milana Vinn NEW YORK (Reuters) - ServiceTitan Inc, a Los Angeles-based startup that makes software to help contract workers manage their businesses, has revived preparations for an ...
Dec 19, 2023
BlackRock updates spot bitcoin ETF proposal to allow cash redemptions
(Reuters) - BlackRock has updated its proposed filing for a spot bitcoin exchange-traded fund (ETF) to allow cash redemptions, in a move which could help it secure an approval from the U.S. Securities...
Dec 19, 2023
ByteDance denies reports it plans to acquire Alibaba’s food delivery business
SHANGHAI (Reuters) - ByteDance said on Tuesday that it is not in talks with Alibaba to acquire its Ele.me food delivery business. A spokesperson said the tech firm also "does not have plans to talk wi...
Dec 19, 2023
India’s $245 billion IT sector swallows tougher terms amid scramble for contracts
By Sai Ishwarbharath B BENGALURU - India's information technology firms are accepting tougher contract terms to win large deals from clients as they compete for fewer orders in an uncertain global eco...
Dec 19, 2023
Hyundai Motor to sell Russia plant for token sum, taking $219 million hit
SEOUL (Reuters) - South Korean automaker Hyundai Motor plans to sell its plant in Russia for a token 7,000 roubles ($77.67), a company official said on Tuesday. Hyundai Motor also said in a regulatory...
Dec 19, 2023
TSMC to promote from within after chairman retires next year
TAIPEI (Reuters) -TSMC , the world's largest contract chipmaker, said on Tuesday that its board had recommended that current CEO and Vice Chairman C.C. Wei succeed Mark Liu who will be retiring next y...
Dec 19, 2023
In buying Toshiba, a little-known fund takes on Japan Inc’s toughest job
By Anton Bridge and Makiko Yamazaki TOKYO (Reuters) - A little-known private equity firm is set to take on the toughest job in corporate Japan: turning around Toshiba. Japan Industrial Partners (JIP) ...
Dec 19, 2023
TomTom creates AI-based conversational assistant for vehicles with Microsoft
(Reuters) - Digital mapping specialist TomTom said on Tuesday it has partnered with tech giant Microsoft to create an artificial intelligence (AI)-powered conversational assistant for vehicles. The as...
Dec 19, 2023
Google to pay $700 million to US consumers, states in Play store settlement
By Mike Scarcella (Reuters) -Alphabet's Google has agreed to pay $700 million and to allow for greater competition in its Play app store, according to the terms of an antitrust settlement with U.S. st...
Dec 18, 2023
Singapore’s Atomionics taps gravity, AI in hunt for critical minerals
MELBOURNE (Reuters) - Singapore-based start-up Atomionics has had the first commercial deployment of its technology that uses gravity and artificial intelligence to define ore bodies, potentially cutt...
Dec 18, 2023
