Tag Archives: technology

MILAN (Reuters) - Carmaker Stellantis said on Wednesday it launched its first venture capital fund aimed at investing in startup companies developing technologies that could be deployed within the aut...

(Reuters) - Autonomous trucking startup TuSimple Holdings Inc, backed by Chinese social media firm Sina Corp, is looking to sell its business in China and focus on the U.S. market, sources said. The d...

By Jane Lanhee Lee (Reuters) - SiFive, Inc., a RISC-V chip technology startup in Silicon Valley, said on Wednesday it raised $175 million in its latest round of funding and is now valued at $2.5 billi...

MOSCOW (Reuters) - Russian tech entrepreneurs are set to launch a picture-sharing application on the domestic market to help fill the void left by Instagram, which the authorities blocked this week. T...

By Rozanna Latiff and Liz Lee KUALA LUMPUR (Reuters) - Malaysia said on Wednesday it would offer up to 70% equity in wholly state-owned 5G agency Digital Nasional Berhad (DNB) to telecoms firms, amid ...

BERLIN (Reuters) - German carmaker Volkswagen said on Wednesday that deliveries of its core brand dropped by 8% to 4.9 million vehicles last year, and it was reluctant to make forecasts for 2022. Whil...

By Julie Zhu, Yingzhi Yang and Yew Lun Tian (Reuters) - Alibaba Group and Tencent Holdings are preparing to cut tens of thousands of jobs combined this year in one of their biggest layoff rounds as th...

(Reuters) -U.S. cybersecurity firm NortonLifeLock Inc's $8.6 billion purchase of rival Avast Plc will face an in-depth probe by Britain if competition concerns are not addressed, the UK anti-trust reg...

BERLIN (Reuters) - BMW lowered its profit margin expectations for its automotive segment for 2022 due to the war in Ukraine, the German carmaker said on Wednesday. BMW Group now predicts growth of ear...

SHANGHAI (Reuters) - Electric vehicle giant Tesla is suspending production at its Shanghai factory for two days, according to a notice sent internally and to suppliers, as China tightens COVID restric...