Tag Archives: technology
AI software startup 6sense valued at $5.2 billion after SoftBank joins funding round
(Reuters) - Artificial intelligence-driven software startup 6sense said on Thursday it was valued at $5.2 billion after a late-stage funding round that included SoftBank Vision Fund 2 and Tiger Global...
Jan 20, 2022
Mercedes-Benz teams up with Luminar on self-driving tech
By Hyunjoo Jin San Francisco (Reuters) - Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-g...
Jan 20, 2022
Russian central bank proposes banning cryptocurrencies, crypto mining
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) - Russia's central bank on Thursday proposed banning the use and mining of cryptocurrencies on Russian territory, citing threats to financial...
Jan 20, 2022
Bills targeting Big Tech to go before U.S. Senate panel
WASHINGTON (Reuters) - The U.S. Senate Judiciary Committee is set to decide Thursday whether the full Senate should vote on two bills aimed at reining in tech giants like Alphabet's Google and Meta's ...
Jan 20, 2022
Microsoft-Activision deal gives merger speculators a new darling
By Svea Herbst-Bayliss (Reuters) - Hedge funds that earn returns speculating on precarious acquisitions were handed a gift this week when Microsoft Corp agreed to buy "Call of Duty" maker Activision B...
Jan 20, 2022
EU to propose microchips law in early February, EU chief says
BRUSSELS (Reuters) - The European Commission will propose a draft legislation for the regulation of microchips in Early February, European Commission president Ursula von der Leyen said on Thursday, a...
Jan 20, 2022
Exclusive-TikTok owner ByteDance’s revenue growth slowed to 70% in 2021 – sources
By Yingzhi Yang and Xie Yu BEIJING/HONG KONG (Reuters) - ByteDance, the owner of short video app TikTok, saw its total revenue grow by 70% year-on-year to around $58 billion in 2021, according to two ...
Jan 20, 2022
WeTransfer owner WeRock seeks $714-813 million valuation in IPO
By Toby Sterling AMSTERDAM (Reuters) - The company that owns the WeTransfer file service will be valued at between 629 million and 716 million euros ($714-813 million) at its initial public offering (...
Jan 20, 2022
Twitter loses appeal in French case over online hate speech -source
PARIS (Reuters) -Twitter must disclose details on what it does to tackle hate speech online in France, the Paris appeals court said on Thursday, according to a judicial source, handing a win to advoca...
Jan 20, 2022
Avio discloses launch service contracts for Vega C launcher, shares rise
(Reuters) - Italy's aerospace group Avio said on Thursday that French launch services company Arianespace had signed new launch contracts for the Vega C launcher vehicle, pushing the Italian firm shar...
Jan 20, 2022
