Tag Archives: technology
Video game publisher Electronic Arts lowers annual adjusted sales forecast
(Reuters) - Electronic Arts Inc lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces the brunt of easing pandemic restrictions and...
Syndicated Content Feb 01, 2022
Spotify’s plan to add advisory to COVID podcasts is a positive step – White House
WASHINGTON (Reuters) -Spotify's plan to add a content advisory to any discussion of COVID-19 on its platform is a positive step, but tech platforms should do more to prevent the spread of misinformati...
Syndicated Content Feb 01, 2022
U.S. SEC delays decision on listing of Bitwise spot bitcoin ETF
(Reuters) - The U.S. Securities and Exchange Commission (SEC) said on Tuesday it had not reached any conclusion on an NYSE Arca application to list a spot bitcoin exchange-traded fund (ETF) by Bitwise...
Syndicated Content Feb 01, 2022
Ford to invest up to $20 billion in EV push- Bloomberg News
(Reuters) -Ford Motor Co is planning new investment of up to $20 billion in building its electric vehicles, Bloomberg News reported on Tuesday. The additional investment will be spread out over the ne...
Syndicated Content Feb 01, 2022
Self-driving tech firm Cruise to raise $1.35 billion from SoftBank as it readies robotaxis
(Reuters) - Self-driving tech firm Cruise on Tuesday said investor SoftBank Group Corp's Vision Fund has agreed to invest an additional $1.35 billion through a second tranche, as it is working to laun...
Syndicated Content Feb 01, 2022
Epic Games invests in Spire Animation’s funding round, eyes metaverse boom
(Reuters) - Los Angeles-based Spire Animation Studios said on Tuesday it raised $20 million in a funding round, which included an investment from Fortnite-maker Epic Games to collaborate and build met...
Syndicated Content Feb 01, 2022
Joe Rogan row puts cost of Spotify podcasts under investor microscope
By Supantha Mukherjee and Elizabeth Culliford (Reuters) - Spotify investors will focus on how much its 'Netflix for audio' strategy is costing the streaming service when it reports fourth-quarter resu...
Syndicated Content Feb 01, 2022
Loadsmart valuation hits over $1 billion after SoftBank-led funding round
(Reuters) - Freight tech firm Loadsmart Inc said on Tuesday it was valued at $1.3 billion in its latest funding round, led by SoftBank Latin America Fund and funds managed by BlackRock Inc. The compan...
Syndicated Content Feb 01, 2022
Russia’s Sberbank launches mobile money transfers to China
MOSCOW (Reuters) - Russia's largest lender Sberbank on Tuesday said it had launched money transfers to Alipay wallets in China using phone numbers. State-controlled Sberbank, which has customers in 18...
Syndicated Content Feb 01, 2022
Greek tech fund PJ Catalyst sells Pollfish unit to U.S.-based Prodege
ATHENS (Reuters) - Greek technology fund PJ Tech Catalyst, backed by Piraeus Bank and the European Investment Fund, has agreed to sell its market research unit Pollfish to U.S.-based marketing and con...
Syndicated Content Feb 01, 2022

