Tag Archives: technology
Ukraine urges countries to cut Russia off from SWIFT payments system
KYIV (Reuters) - Ukraine's foreign minister on Thursday urged countries to ban Russia from the SWIFT global interbank payments system - one of the toughest non-military sanctions the West could impose...
Feb 24, 2022
Nikola to deliver 300-500 electric trucks in 2022
(Reuters) -Nikola Corp said on Thursday it aimed to deliver 300 to 500 Tre BEV electric trucks this year, as it works on expanding its plant in Coolidge, Arizona. The company, which has yet to report ...
Feb 24, 2022
Motional, Via to start robo-taxi service in Las Vegas
By Joseph White DETROIT (Reuters) - Autonomous vehicle venture Motional and ride services company Via said they will launch on Thursday a robo-taxi service in Las Vegas, the latest step by Motional to...
Feb 24, 2022
E-commerce firm fabric hits valuation of $1.5 billion after SoftBank-led funding
(Reuters) - E-commerce tech platform fabric said on Thursday it has reached a valuation of about $1.5 billion after a new funding round led by Japan's SoftBank, as the company looks to cash in on the ...
Feb 24, 2022
Reddit launches Discover feature for photos, videos on app
By Sheila Dang (Reuters) - Online message board platform Reddit Inc said on Thursday it is launching a new Discover tab that will feature photos and videos from across the site to make its mobile app ...
Feb 24, 2022
Softbank-backed Ola Electric plans 50Gwh India battery plant in EV push -sources
By Aditi Shah NEW DELHI (Reuters) - Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh), a source told Reuter...
Feb 24, 2022
U.S. governors urge swift action on $52 billion chip funding bill
By David Shepardson (Reuters) - A bipartisan group of 22 governors Thursday urged leaders in Congress to move quickly to finalize $52 billion in government funding to subsidize the production of semic...
Feb 24, 2022
Exclusive-Tesla plans new Shanghai plant to more than double China capacity – sources
SHANGHAI (Reuters) - Tesla Inc plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its ca...
Feb 24, 2022
Taiwan’s UMC to spend $5 billion on new chip plant in Singapore
TAIPEI (Reuters) - Taiwan's United Microelectronics Corp (UMC) will invest $5 billion on a new microchip factory in Singapore, with production expected to start in 2024 to support the boom in 5G and a...
Feb 24, 2022
Softbank-backed Gousto raises $230 million in secondary placement
LONDON (Reuters) - British recipe box company Gousto has completed a $230 million secondary placement, led by existing investor Japan's SoftBank, it said on Thursday. The secondary placement follows a...
Feb 24, 2022
