Tag Archives: technology
China’s ZTE faces hearing over possible violation of U.S. probation
By Karen Freifeld (Reuters) - ZTE Corp., the Chinese telecom equipment maker, will go back to U.S. federal court March 14 to face a new accusation it may have violated its probation from its 2017 guil...
Syndicated Content Mar 05, 2022
PayPal shuts down its services in Russia citing Ukraine aggression
By Paresh Dave (Reuters) - Payments company PayPal Holdings Inc shut down its services early on Saturday in Russia, citing "the current circumstances," joining many financial and tech companies in sus...
Syndicated Content Mar 05, 2022
EV maker ELMS to lay off about 24% of employees
(Reuters) - U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) will lay off about 24% of its staff as it looks to focus on its core business and become leaner, the company ...
Syndicated Content Mar 04, 2022
Samsung Elec says shipments to Russia suspended, donating $6 million in aid
SEOUL (Reuters) - Samsung Electronics said on Saturday shipments to Russia have been suspended "due to current geopolitical developments." "We continue to actively monitor this complex situation to de...
Syndicated Content Mar 04, 2022
Bitcoin falls 8.3% to $38,932
(Reuters) - Bitcoin dropped 8.3% to $38,932.49 at 2308 GMT on Friday, losing $3,523.07 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 18.2% from the year's ...
Syndicated Content Mar 04, 2022
Apple presses U.S. lawmakers on dangers of ‘sideloading’ apps allowed by bill
WASHINGTON (Reuters) - Smartphone maker Apple has written to lawmakers to dispute assertions that its concerns about the dangers of sideloading apps into phones were overblown. Sideloading, the practi...
Syndicated Content Mar 04, 2022
Grubhub ends driverless robot delivery partnership with Russia’s Yandex
(Reuters) - Online food-ordering company Grubhub on Friday said it was ending a partnership with Russian tech giant Yandex NV for driverless robots that deliver food to college students. The announcem...
Syndicated Content Mar 04, 2022
U.S. firm Cogent cutting internet service to Russia
WASHINGTON (Reuters) -U.S. firm Cogent Communications was cutting internet service to Russian clients, Cogent CEO David Schaeffer said on Friday. Schaeffer said some Russian clients had asked for exte...
Syndicated Content Mar 04, 2022
Russia blocks Facebook, accusing it of restricting access to Russian media
By Elizabeth Culliford (Reuters) - Russia is blocking Meta Platforms Inc's Facebook, the country's communications regulator said on Friday, in response to what it said were restrictions on access to R...
Syndicated Content Mar 04, 2022
BASF picks Canadian city for EV battery materials facility
FRANKFURT (Reuters) - BASF SE has secured land for a planned battery materials facility in the Canadian province of Quebec, part of the chemical company's push to build a global supply network. The Ge...
Syndicated Content Mar 04, 2022

