Tag Archives: technology
Microsoft’s president says will address cloud computing complaints
BRUSSELS (Reuters) - Microsoft, which had been fined a total 1.6 billion euros ($1.7 billion) by EU antitrust regulators in the previous decade, will address competition complaints about its cloud com...
Syndicated Content May 18, 2022
Tencent posts flat growth in Q1 revenue, misses estimates
By Josh Ye HONG KONG (Reuters) - Chinese gaming and social media giant Tencent Holdings reported flat growth in first-quarterly revenue, its worst ever such performance, and also missed market estimat...
Syndicated Content May 18, 2022
Analysis: Zombie unicorns – Indian startups go from feast to famine
By M. Sriram MUMBAI (Reuters) - The valuation of Meesho, the Indian e-commerce rival of retail giant Amazon, more than doubled last year to $5 billion, after marquee investors such as SoftBank and Fid...
Syndicated Content May 18, 2022
Power Dot raises 150 million euros to speed up expansion in France
PARIS (Reuters) - Portuguese electric vehicle (EV) charging operator Power Dot has raised 150 million euros ($158.01 million) with private equity firm Antin Infrastructure Partners to triple its netwo...
Syndicated Content May 18, 2022
Ericsson to restructure operations, two executives to depart
STOCKHOLM (Reuters) - Ericsson on Wednesday laid out plans to restructure its operating units to focus on mobile infrastructure and business customers, and announced that two senior executives will le...
Syndicated Content May 18, 2022
Exclusive: China in talks with automakers on EV subsidy extension – sources
SHANGHAI (Reuters) - China is in talks with automakers about extending costly subsidies for electric vehicles (EV) that were set to expire in 2022, aiming to keep a key market growing as the broader e...
Syndicated Content May 18, 2022
Hyundai Motor Group plans to invest $16.5 billion in S.Korea EV business
By Heekyong Yang SEOUL (Reuters) -Hyundai Motor Group said on Wednesday it plans to invest a total of 21 trillion won ($16.54 billion) through 2030 for the expansion of its electric vehicle (EV) busin...
Syndicated Content May 18, 2022
Sony readies for metaverse revolution with cross-platform push
By Sam Nussey TOKYO (Reuters) - Japanese conglomerate Sony Group Corp said it is well-positioned to play a leading role in the metaverse, or immersive virtual worlds, which commentators speculate will...
Syndicated Content May 18, 2022
Britishvolt, Scorpio Group to research maritime EV batteries, storage
By Nick Carey LONDON (Reuters) - Britishvolt said on Wednesday that Monaco-based Scorpio Group had made a strategic investment in the electric vehicle (EV) battery startup and the two companies will r...
Syndicated Content May 17, 2022
Tesla to host second artificial intelligence day in August
(Reuters) - Tesla Inc top boss Elon Musk said on Tuesday the electric-car maker will host its second artificial intelligence day on Aug. 19, with the company likely to expand on plans to fine-tune its...
Syndicated Content May 17, 2022

