Tag Archives: technology
UK’s Halma posts 20% rise in annual profit, CEO to retire
(Reuters) - British technology company Halma reported a 20% jump in annual profit on Thursday and said its chief executive officer Andrew Williams would retire next year after 18 years at the helm. Wi...
Jun 16, 2022
Tech company Flytxt hires adviser to find new investors
DUBAI (Reuters) - Netherlands-headquartered Flytxt has hired U.S. investment bank Stifel to help the tech firm sell a large stake that could raise $150 million to $250 million, its chief executive tol...
Jun 16, 2022
UK music subscriptions in decline as households seek savings
By James Davey LONDON (Reuters) - Britons cancelled over 1 million music subscriptions in the first quarter as a worsening cost of living crisis forced them to make savings, industry data showed on Th...
Jun 15, 2022
Elon Musk expected to reiterate desire to own Twitter in meeting Thursday – WSJ
(Reuters) - Elon Musk is expected to confirm his desire to own Twitter Inc when he speaks to the social-media company's employees on Thursday, the Wall Street Journal reported on Wednesday, citing a p...
Jun 15, 2022
FCC cites deficiencies in requests for funds to replace telecom equipment from Chinese companies
WASHINGTON (Reuters) - The Federal Communications Commission (FCC) told Congress on Wednesday that two thirds of applications for funds from a $1.9 billion program to reimburse mostly rural U.S. carri...
Jun 15, 2022
Exclusive-FAA urges airlines to act as wireless carriers plan 5G signal boost
WASHINGTON (Reuters) - The acting head of the U.S. Federal Aviation Administration (FAA) on Wednesday urged the chief executives of major U.S. airlines to move quickly to address risks of C-Band 5G in...
Jun 15, 2022
Faraday Future says it doesn’t need more funds to launch FF91 electric luxury car
By Akash Sriram (Reuters) - Faraday Future Intelligent Electric will be able to launch its FF91 luxury vehicle without the need for additional funding, Chief Executive Officer Carsten Breitfeld said o...
Jun 15, 2022
Spotify to slow hiring by 25%
By Dawn Chmielewski (Reuters) - Spotify Technology SA Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25%, accor...
Jun 15, 2022
Crypto stock short sellers up about 126% this year – S3 Partners
(Reuters) - Short sellers of crypto stocks have clocked about 126% in mark-to-market gains this year, far outpacing those from other sectors, according to financial and analytics firm S3 Partners, ami...
Jun 15, 2022
MegaRobo raises $300 million in Goldman Sachs-led funding round
(Reuters) - MegaRobo Technologies, a Chinese start-up that uses artificial intelligence and robotics in life sciences research, has raised $300 million in a funding round led by Goldman Sachs Asset Ma...
Jun 15, 2022
