Tag Archives: technology
Reddit files for U.S. IPO
(Reuters) - Social media platform Reddit said on Wednesday it had confidentially filed for a proposed initial public offering (IPO) to the U.S. Securities and Exchange Commission. (Reporting by Sonia ...
Dec 15, 2021
Leon Technology shares surge after company downplays blacklist report
SHANGHAI (Reuters) - Shares of China's Leon Technology Co surged in early trade on Thursday, a day after the company downplayed a Financial Times report that it would be added to a U.S. investment bla...
Dec 15, 2021
Intel to invest $7 billion in Malaysia to build new plant
KUALA LUMPUR (Reuters) - Intel Corp will invest 30 billion ringgit ($7.10 billion) in Malaysia over a decade to build new assembly and testing facilities, Chief Executive Pat Gelsinger said on Thursda...
Dec 15, 2021
LionTree explores accepting cryptocurrency for services
By Dawn Chmielewski (Reuters) - The banker who advised some of the biggest media mergers of 2021 said on Wednesday he was exploring ways to accept cryptocurrency as payment for services, a powerful en...
Dec 15, 2021
Telecom Italia cuts EBITDA forecast on lower revenue from DAZN partnership
(Reuters) - Italy's Telecom Italia (TIM) on Wednesday cut its forecast for 2021 organic earnings before interest, tax, depreciation and amortisation after leases (EBITDA-AL) for the domestic business ...
Dec 15, 2021
Exclusive-Fretting about data security, China’s government expands its use of ‘golden shares’
BEIJING (Reuters) - The Chinese government has been expanding its practice of taking minority stakes in private companies beyond those specialising in online news and content to firms possessing large...
Dec 15, 2021
Apple delays return to office – Bloomberg News
(Reuters) - Apple Inc is delaying its return to the office indefinitely, Bloomberg News reported on Wednesday, citing a memo sent by Chief Executive Officer Tim Cook. The company did not immediately r...
Dec 15, 2021
Canoo revs up U.S. electric vehicle production plan as drops overseas deal
By Ben Klayman DETROIT (Reuters) -Electric vehicle startup Canoo Inc on Wednesday said it was accelerating its production plans in the United States while ending its deal for VDL Nedcar in Netherlands...
Dec 15, 2021
Chip materials supplier Entegris to buy rival CMC in $6.5 billion deal
By Aishwarya Nair and Krystal Hu (Reuters) -Entegris Inc, a supplier of semiconductor materials, said on Wednesday it would buy smaller rival CMC Materials in a deal valued at $6.5 billion, as it look...
Dec 15, 2021
EU Parliament backs tough new rules to rein in U.S. tech giants
By Foo Yun Chee BRUSSELS (Reuters) - EU lawmakers voted on Wednesday to beef up draft rules to rein in U.S. tech giants, including extending the scope to their retailing activities and to their busine...
Dec 15, 2021
