Tag Archives: technology
Russia fines Facebook owner Meta Platforms 13 million roubles
MOSCOW (Reuters) - Russia has fined Facebook-owner Meta Platforms 13 million roubles ($177,000), a Moscow court said on Thursday, for failing to delete content the government deems illegal, the latest...
Dec 16, 2021
Russia fines Twitter 10 million rbls for not deleting banned content, says court
MOSCOW (Reuters) - Russia is fining Twitter 10 million roubles ($136,173) for failing to delete content the government deems illegal, a Moscow court said on Thursday, the latest in a string of penalti...
Dec 16, 2021
Indian edtech startup Byju’s in talks to go public via SPAC route – Bloomberg News
BENGALURU (Reuters) - Indian edtech giant Byju's is in advanced discussions to go public through one of Churchill Capital's special-purpose acquisition companies (SPAC), Bloomberg News reported, citin...
Dec 16, 2021
Embracer buys board games publisher Asmodee in $3 billion deal
STOCKHOLM (Reuters) - Embracer said late on Wednesday it was buying French board games publisher Asmodee from private equity firm PAI Partners in a deal valued at 2.75 billion euros ($3.11 billion) to...
Dec 16, 2021
SenseTime plans Hong Kong IPO re-launch Monday; keeps fundraising target -sources
HONG KONG (Reuters) - Chinese artificial intelligence startup SenseTime Group plans to keep its Hong Kong initial public offering (IPO) at $767 million as it considers re-launching the withdrawn deal ...
Dec 16, 2021
China’s Tsinghua Unigroup chairman opposes restructuring deal – newspaper
SHANGHAI (Reuters) - Tsinghua Unigroup Chairman Zhao Weiguo opposes the pending investment into the company from Jianguang Asset Management (JAC Capital) and Wise Road Capital, China's National Busine...
Dec 16, 2021
Indian ride hailing firm Ola raises $500 million loan
BENGALURU (Reuters) - Indian ride-hailing company Ola said on Thursday it had raised $500 milllion loan from international institutional investors, as the SoftBank Group backed start-up preps to make ...
Dec 16, 2021
Volkswagen 2021 sales to be just below 9 million vehicles – Manager Magazin
BERLIN (Reuters) - Volkswagen sales are expected to reach just below 9 million vehicles this year as semiconductor bottlenecks weigh on production, Manager Magazin reported on Thursday, citing people ...
Dec 16, 2021
India’s ShareChat raises $266 million for valuation of $3.7 billion
By Aditya Kalra NEW DELHI (Reuters) - Indian content-sharing platform ShareChat on Thursday said it had raised $266 million in fresh funding from U.S.-based Alkeon Capital and some existing investors,...
Dec 15, 2021
Nissan to build new battery recycling factories in U.S., Europe by 2025 -Nikkei
TOKYO (Reuters) - Nissan Motor Co Ltd plans to build new battery recycling factories in the United States and Europe by the end of fiscal 2025, the daily Nikkei reported on Thursday. Nissan hopes that...
Dec 15, 2021
