Tag Archives: technology
What does Musk want with Twitter? Check out his tweets for clues
(Reuters) - Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter ...
Syndicated Content May 05, 2022
Chipmaker MaxLinear to buy Silicon Motion Technology in $3.8 billion deal
(Reuters) -Chipmaker MaxLinear Inc said on Thursday it will buy Taiwan-based Silicon Motion Technology for $3.8 billion in a cash-and-stock deal. The offer price of $114.34 per share is at a 41% premi...
Syndicated Content May 05, 2022
Aptiv profit tanks 74% on supply chain snags, higher costs
(Reuters) - Aptiv Plc posted lower first-quarter profit on Thursday, as surging raw material prices and a shortage of electrical components hindered the auto part supplier's deliveries in the quarter....
Syndicated Content May 05, 2022
ProSieben CEO: no details from top investor MFE on possible takeover
BERLIN (Reuters) -ProSiebenSat.1's top investor, MediaForEurope (MFE), so far has not told the German media group what its strategic goals are for its stake in the German media group, according to Pro...
Syndicated Content May 05, 2022
Musk secures over $7 billion funding from investors including Larry Ellison
(Reuters) -Elon Musk has secured $7.14 billion in funding from a group of investors that includes Oracle Corp co-founder Larry Ellison and Sequoia Capital to fund his $44 billion takeover of Twitter I...
Syndicated Content May 05, 2022
Factbox-How companies account for remote work in their carbon footprints
By Paresh Dave (Reuters) - Reuters surveyed 20 large companies that both report their carbon footprints and embrace remote work about whether they estimate carbon emissions from employees' home office...
Syndicated Content May 05, 2022
China’s CATL says gross profit margins to improve after raising prices
SHANGHAI (Reuters) -Chinese battery maker CATL said on Thursday that its gross profit margins are set to improve as it will raise prices in the second quarter, while suppliers of raw materials will ea...
Syndicated Content May 05, 2022
Didi, Lenovo founders go private on China social media, join retreat from spotlight
By Josh Ye HONG KONG (Reuters) - The president of Chinese ride-hailing giant Didi Chuxing and her father, the founder of Lenovo, have ended their public presence on China's main social media site, the...
Syndicated Content May 05, 2022
Battery-powered electric vehicles nearly double EU market share in Q1 – ACEA
FRANKFURT (Reuters) - Battery-powered electric vehicles (BEVs) almost doubled their market share in the European Union during the first quarter, industry data showed on Thursday, as the rollout of mod...
Syndicated Content May 05, 2022
Arm China says its ousted CEO Wu is refusing to pack up
By Josh Ye HONG KONG (Reuters) - Arm China said on Thursday its former CEO Allen Wu was refusing to relinquish his role despite being fired last week and that it would overhaul its communication syste...
Syndicated Content May 05, 2022

