Tag Archives: technology
How China became ground zero for the auto chip shortage
By Sarah Wu, Jane Lanhee Lee and Kevin Krolicki TAIPEI/SHANGHAI/SINGAPORE (Reuters) - From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip ...
Jul 18, 2022
Twitter claims Musk is ‘slow-walking’ trial over $44 billion deal
By Tom Hals WILMINGTON, Del. (Reuters) - Twitter Inc on Monday accused Elon Musk of trying to "slow walk" the company's lawsuit to hold him to his $44 billion takeover and urged a September trial to e...
Jul 18, 2022
Word of Trump’s social media deal said to have leaked months in advance -NYT
(Reuters) - Employees at a Miami investment firm had learned of a pending merger deal between former President Donald Trump's social media company and a blank-check entity, long before it was announce...
Jul 18, 2022
Solid-state EV batteries could cut carbon emissions further, says climate group
By Nick Carey LONDON (Reuters) - Solid-state batteries could cut the carbon footprint of electric vehicle (EV) batteries by 29% compared with today's liquid lithium-ion batteries and could reduce it e...
Jul 18, 2022
Nikola pushes shareholder meeting for the third time
(Reuters) - Electric-vehicle maker Nikola Corp has delayed its shareholder meeting for the third time since June, giving shareholders more time to weigh a proposal to raise the number of outstanding s...
Jul 18, 2022
Lawsuit accuses Apple of antitrust violations over Apple Pay
By Jonathan Stempel (Reuters) - Apple Inc was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart compet...
Jul 18, 2022
SoftBank halts plans for Arm’s London IPO – FT
(Reuters) -SoftBank has put on hold plans for a London initial public offering of the British chip technology firm Arm Ltd because of the political turmoil in the UK government, the Financial Times re...
Jul 18, 2022
IBM beats quarterly revenue estimates, warns of $3.5 billion forex hit
By Chavi Mehta (Reuters) - IT hardware and services company IBM Corp beat quarterly revenue expectations on Monday but warned that the hit from forex for the year could be about $3.5 billion due to a ...
Jul 18, 2022
U.S. successfully flight-tests Raytheon hypersonic weapon -Pentagon
By Mike Stone WASHINGTON (Reuters) - The United States has successfully tested a Raytheon Technologies Corp air-breathing hypersonic weapon capable of speeds faster than five times the speed of sound,...
Jul 18, 2022
U.S. Senate to start voting Tuesday on slimmed-down China semiconductor bill
WASHINGTON (Reuters) - Democratic Majority Leader Chuck Schumer said the U.S. Senate would begin voting on Tuesday on legislation to boost the U.S. semiconductor industry and improve competitiveness w...
Jul 18, 2022
