Tag Archives: technology
Reddit co-founder Ohanian’s venture capital firm raises $500 million
(Reuters) - Reddit co-founder Alexis Ohanian said on Tuesday his venture capital firm 776 Management LLC has raised more than $500 million across two new funds. The firm was launched in 2020 and has i...
Syndicated Content Feb 01, 2022
Saudi Arabia announces $6.4 billion investments in future tech
By Aziz El Yaakoubi RIYADH (Reuters) - Saudi Arabia has launched investments worth $6.4 billion in future technologies, the Saudi minister of communication and information technology said on Tuesday, ...
Syndicated Content Feb 01, 2022
Some cars’ systems designed to keep drivers’ eyes on the road fail – AAA study
By Tina Bellon (Reuters) - Some vehicles equipped with automated assistance technology aimed at keeping drivers alert and watching the road fail at that job, an American Automobile Association study f...
Syndicated Content Feb 01, 2022
Adtech firm MNTN raises $119 million in BlackRock, Fidelity-led round
(Reuters) - MNTN, an adtech company specializing in Connected TV (CTV), has raised $119 million in a funding round co-led by asset manager BlackRock and Fidelity management and research. The company, ...
Syndicated Content Feb 01, 2022
DoorDash couriers struggle to secure COVID sick pay, get back to work during Omicron surge
By Danielle Kaye NEW YORK (Reuters) - A COVID-assistance policy at DoorDash Inc is frustrating some couriers who told Reuters the food-delivery company sidelined them for as long as a month while infe...
Syndicated Content Feb 01, 2022
AT&T to spin off WarnerMedia in $43 billion Discovery media merger
(Reuters) - AT&T Inc said on Tuesday it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc. The U.S. telecoms group will distribute shares of the n...
Syndicated Content Feb 01, 2022
Republican lawmakers press Biden to tighten export curbs on China’s SMIC
WASHINGTON (Reuters) - U.S. Republican senators are urging the Biden administration to close a "loophole" in export controls imposed by former President Donald Trump on China's top chipmaker, SMIC, wh...
Syndicated Content Feb 01, 2022
Is Amazon ready to raise the price of Prime delivery? Wall Street thinks so
By Jeffrey Dastin (Reuters) - When Amazon.com Inc on Thursday reports how it fared during the holiday quarter, a key question will be if the retailer will finally raise the price of Prime, its fast-de...
Syndicated Content Feb 01, 2022
Facebook owner Meta close to deal for Greek startup Accusonus – source
ATHENS (Reuters) - Meta Platforms Inc, the owner of Facebook, is close to acquiring Greek audio software startup Accusonus, a person with knowledge of the deal said. Facebook spokespeople declined to ...
Syndicated Content Feb 01, 2022
Software startup Chargebee valued at $3.5 billion in latest funding round
(Reuters) - Enterprise software startup Chargebee has raised $250 million at a valuation of $3.5 billion, in a funding round lead by Tiger Global and Sequoia Global, the company's founders said. The l...
Syndicated Content Feb 01, 2022

