Tag Archives: technology
Ford suspends or cuts output at plants due to chip shortage
DETROIT (Reuters) - Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to the global semiconductor shortage. The U.S. automaker will idle produ...
Syndicated Content Feb 14, 2022
AMD closes record chip industry deal with about $50-billion purchase of Xilinx
By Jane Lanhee Lee (Reuters) -Semiconductor designer Advanced Micro Devices Inc (AMD) said on Monday it has finalized the purchase of Xilinx Inc in a record chip industry deal valued at about $50 bill...
Syndicated Content Feb 14, 2022
Reliance invests $200 million in InMobi’s Glance
By Yuvraj Malik (Reuters) - India's Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to ...
Syndicated Content Feb 14, 2022
iPhone maker Foxconn to make chips in India with Vedanta
TAIPEI (Reuters) - Taiwan's Foxconn said on Monday it had partnered with Indian conglomerate Vedanta Ltd to make semiconductors in the South Asian country, as the electronics giant looks to diversify ...
Syndicated Content Feb 14, 2022
Coinbase shares slip as app crashes briefly after Super Bowl ad
(Reuters) - Shares of the largest publicly listed U.S. crypto exchange Coinbase slipped in premarket trading on Monday, after a surge in traffic following a Super Bowl advertisement resulted in the ap...
Syndicated Content Feb 14, 2022
Intel’s Mobileye to launch self-driving shuttles in U.S. in 2024
By Hyunjoo Jin San Francisco (Reuters) - Intel Corp's Mobileye unit plans to build and deploy self-driving electric shuttles with its partners in the United States in 2024, in a bid to scale up its au...
Syndicated Content Feb 14, 2022
How Crypto.com is betting big on sports partnerships to reach a billion users
By Hannah Lang (Reuters) - Crypto companies are betting sports advertising will help them go mainstream, and none have made a bigger splash than Crypto.com with a commercial on Sunday's Super Bowl and...
Syndicated Content Feb 14, 2022
Global chip sales hit record in 2021, will grow 8.8% in 2022 -SIA
By Jane Lanhee Lee (Reuters) - The Semiconductor Industry Association (SIA) on Monday said that global chip sales hit a record in 2021 at $555.9 billion, up 26.2% on the year, and it forecast 8.8% gro...
Syndicated Content Feb 14, 2022
Italy’s Intesa Sanpaolo teams up with Thought Machine in digital push
MILAN (Reuters) - Italy's biggest bank Intesa Sanpaolo said on Monday it had selected core banking technology firm Thought Machine to power its new digital banking platform. As part of the partnership...
Syndicated Content Feb 14, 2022
UK makes first seizure of NFTs in tax crackdown
LONDON (Reuters) - British tax authorities said on Monday they had made their first seizure of non-fungible tokens in a crackdown on suspected criminal activity to hide money. Her Majesty's Revenue & ...
Syndicated Content Feb 14, 2022

