Tag Archives: technology
Musk plans to increase Twitter’s revenue to $26.4 billion by 2028 -NYT
(Reuters) -Elon Musk is claiming that he can increase Twitter's annual revenue to $26.4 billion by 2028, up from $5 billion last year, the New York Times reported on Friday, citing a pitch deck presen...
May 06, 2022
Illumina ordered to pay Chinese company $333 million in gene-sequencing patent case
By Blake Brittain (Reuters) - A Delaware jury on Friday ordered Illumina Inc to pay more than $333 million to a U.S. unit of Chinese genetic analysis company BGI Genomics after finding that Illumina's...
May 06, 2022
U.S. lawmakers to open formal chips, China bill negotiations
WASHINGTON (Reuters) - Congressional negotiators will meet Thursday to open formal talks to hammer out a compromise measure that would fund $52 billion in semiconductor manufacturing subsidies and boo...
May 06, 2022
Russia’s Sberbank building domestic cloud solutions as sanctions hamper smart devices
(Reuters) - Russia's top lender Sberbank is developing fully domestic cloud infrastructure, it said on Friday, after reporting issues with some 'smart home' device functionality due to problems with i...
May 06, 2022
Jefferies says CEO Handler’s Instagram account hacked
(Reuters) - Investment bank Jefferies Financial Group Inc said on Friday the Instagram account of its Chief Executive Officer Rich Handler had been hacked. "Any stories related to discounted sales of ...
May 06, 2022
Brazil’s Vale signs long-term deal to supply Tesla with nickel
SAO PAULO (Reuters) - Brazilian miner Vale SA said on Friday it has signed a long-term deal with Tesla Inc to supply the U.S.-based electric vehicle maker with nickel coming from its Canada operations...
May 06, 2022
U.S. SEC charges Nvidia with ‘inadequate disclosures’ about impact of cryptomining
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said Friday it had settled charges against technology company Nvidia Corporation for what it called "inadequate disclosures" concerni...
May 06, 2022
AGCO says some production facilities hit by ransomware attack
(Reuters) - Agricultural equipment maker AGCO Corp said on Friday it expects operations at some of its production facilities to be hit for "several days and potentially longer", after they faced a ran...
May 06, 2022
Faulty battery cells, modules likely caused e-scooter fire in India, initial probe finds
By Aditi Shah NEW DELHI (Reuters) - Faulty battery cells and modules have been identified as the leading cause of electric scooters catching fire in India in recent weeks, according to the findings of...
May 06, 2022
U.S. adds virtual currency mixer to sanctions list over North Korea’s cyber activities
WASHINGTON (Reuters) - The United States has sanctioned virtual currency mixer Blender, which it says is used by North Korea to support Pyongyang's cyber activities and money-laundering of stolen virt...
May 06, 2022
