Tag Archives: technology
SoftBank-backed Fetch Rewards raises $240 million in funding round
By Krystal Hu (Reuters) - Fetch Rewards, a shopping rewards app backed by SoftBank Group Group's Vision Fund 2, has raised $240 million in a funding round that valued the company at more than $2.5 bil...
Apr 06, 2022
Biden administration holds electric vehicle industry meeting with Musk, Barra
WASHINGTON (Reuters) - The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla Chief Executive Elon Musk and General Motors Chief Executiv...
Apr 06, 2022
China’s JD.com appoints president Lei Xu as CEO
(Reuters) -JD.com Inc said on Thursday Lei Xu, president of the Chinese e-commerce giant, has been appointed as the chief executive officer and will succeed Richard Liu, effective immediately. Xu will...
Apr 06, 2022
Samsung Electronics estimates Q1 profit jumped 50% on solid chip demand
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd on Thursday reported a 50% jump in quarterly operating earnings to post its highest first-quarter profit since 2018, as soli...
Apr 06, 2022
Lithuania’s Nord Security raises $100 million at $1.6 billion valuation
STOCKHOLM (Reuters) - Nord Security, the company behind NordVPN, said on Thursday it has raised $100 million in its first external investment round from Novator Ventures, Burda Principal Investments a...
Apr 06, 2022
Meta plans virtual currency, creator coins for its apps – FT
(Reuters) - Meta Platforms Inc is readying plans to introduce virtual tokens and cryptocurrencies to its family of apps with an aim to use such virtual tokens for rewarding creators and lending and ot...
Apr 06, 2022
BlackBerry plans to settle shareholder lawsuit over BlackBerry 10, avoiding trial
NEW YORK (Reuters) - BlackBerry Ltd plans to negotiate a settlement of an eight-year-old lawsuit claiming it defrauded shareholders by overstating demand for its BlackBerry 10. In a Wednesday filing w...
Apr 06, 2022
SEC probes Amazon’s handling of employees’ use of sellers’ data for private labels – WSJ
(Reuters) - The U.S. Securities and Exchange Commission (SEC) is investigating how Amazon.com Inc handled employee disclosures on the use of third-party sellers' data purportedly to boost its own priv...
Apr 06, 2022
Biden takes aim at Amazon as he touts unions at labor event
WASHINGTON (Reuters) - U.S. President Joe Biden took aim at online retailer Amazon.com Inc at a labor event on Wednesday after touting a new task force on worker organization "to make sure the choice ...
Apr 06, 2022
White House warns of ‘escalating vulnerabilities’ to U.S. from semiconductor issue
By David Shepardson WASHINGTON (Reuters) - The White House is holding a classified briefing on Wednesday with some U.S. lawmakers on the increasing risks to the American economy from semiconductor sup...
Apr 06, 2022
Wed Jul 22
Green Bay, WI, USA
72°FFeels Like: 71°F
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Humidity: 36%
