Tag Archives: technology
Chinese smart car supplier PATEO raises 1 billion yuan in new funding round
SHANGHAI (Reuters) - Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co said on Friday it had raised 1 billon yuan ($149.28 million) in a latest funding round led by s...
Jun 30, 2022
Google to pay $90 million to settle legal fight with app developers
WASHINGTON (Reuters) - Alphabet Inc's Google has agreed to pay $90 million to settle a legal fight with app developers over the money they earned creating apps for Android smartphones and for enticing...
Jun 30, 2022
U.S. CFTC charges South African company with record $1.7 billion bitcoin fraud
By Pete Schroeder WASHINGTON (Reuters) - The U.S. commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fradulent commodity...
Jun 30, 2022
BNPL firm Openpay pauses U.S. operations, to focus on Australia
(Reuters) - Australian buy-now-pay-later firm Openpay Group Ltd said on Friday it will "indefinitely" pause its United States operations and "materially" reduce its workforce, citing adverse macroecon...
Jun 30, 2022
U.S. approves SpaceX’s Starlink internet for use with ships, boats, planes
By Joey Roulette WASHINGTON (Reuters) - The U.S. Federal Communications Commission on Thursday authorized Elon Musk's SpaceX to use its Starlink satellite internet network with moving vehicles, green-...
Jun 30, 2022
Exclusive-Meta CEO Zuckerberg: engineering hiring target for 2022 reduced to around 6,000-7,000 -employee Q&A
By Katie Paul (Reuters) - Meta Platforms has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, Chief Executive Mark Z...
Jun 30, 2022
Bitcoin falls below $19,000, further shaking crypto markets
(Reuters) - Bitcoin dropped 6.1% to $18,866.77 at 2004 GMT on Thursday, putting the biggest and best-known cryptocurrency down $1,226.41 from its previous close and down 60.9% from the year's high of ...
Jun 30, 2022
Israel’s eToro to abandon deal to go public via SPAC merger -The Information
(Reuters) -Online brokerage eToro and Betsy Cohen-backed blank-check firm FinTech Acquisition Corp V are planning to let the deadline for their merger pass without closing the deal, The Information re...
Jun 30, 2022
Former top Apple lawyer pleads guilty to insider trading
By Jonathan Stempel (Reuters) - The former top corporate lawyer at Apple Inc pleaded guilty on Thursday to insider trading charges, for what prosecutors called a five-year scheme to trade ahead of the...
Jun 30, 2022
Micron forecasts fourth-quarter profit below estimates
(Reuters) - Micron Technology projected fourth-quarter revenue and profit below market estimates on Thursday, a sign that geopolitical turmoil and weakness in consumer spending would weigh on demand f...
Jun 30, 2022
