Tag Archives: technology
Indian PM:cryptocurrencies should be used to empower democracy, not undermine it
NEW DELHI (Reuters) - India's Prime Minister Narendra Modi said on Friday that emerging technologies like cryptocurrencies should be used to empower democracy, not undermine it. "We must also jointly ...
Dec 10, 2021
India’s Star Health trades flat in debut after tepid IPO
By Shivani Singh BENGALURU (Reuters) -India's Star Health and Allied Insurance Co, backed by billionaire stock investor Rakesh Jhunjhunwala, see-sawed in a weak debut on Friday, after failing to attra...
Dec 10, 2021
Analysis-Rohingya lawsuit against Facebook a ‘wake-up call’ for social media
By Rina Chandran and Avi Asher-Schapiro BANGKOK/LOS ANGELES (Thomson Reuters Foundation) - A landmark lawsuit by Rohingya refugees against Meta Platforms Inc, formerly known as Facebook, is a "wake-up...
Dec 10, 2021
German delivery startup Flink raises $750 million in financing round
BERLIN (Reuters) - Grocery delivery start-up Flink has raised $750 million in an additional funding round, it said on Friday, giving the German company the funds to further expand and cash in on the h...
Dec 10, 2021
Volvo Cars, Northvolt to open battery R&D centre as part of $3.3 billion investment
STOCKHOLM (Reuters) - Volvo Cars and battery maker Northvolt will open a joint research and development centre in Sweden as part of a 30 billion crown ($3.3 billion) investment, the carmaker said on F...
Dec 10, 2021
Tesla’s Musk says he is ‘thinking of’ quitting his jobs
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk is "thinking of" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday. "thinking of quitting my jobs & becom...
Dec 09, 2021
U.S. considers banning key exports to Chinese chipmaker SMIC – WSJ
(Reuters) - U.S. officials are considering discussing a Defense Department proposal this month to close regulatory loopholes that have allowed Chinese chipmaker SMIC to buy critical U.S. technology, t...
Dec 09, 2021
China’s SenseTime discussing fate of $767 million Hong Kong IPO with exchange -sources
HONG KONG (Reuters) - Chinese artificial intelligence startup SenseTime Group is discussing the fate of its planned $767 million Hong Kong initial public offering (IPO) with the city's stock exchange ...
Dec 09, 2021
Musk sells Tesla shares worth $963.2 million – filings
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, U.S. securities filings showed on Thursday. He also exercise...
Dec 09, 2021
U.S. chip subsidies will support design activities -U.S. Commerce official
By Stephen Nellis (Reuters) - A $52 billion bill aimed at bolstering the U.S. semiconductor industry will include funding for chip design activities, a U.S. commerce department official told Reuters, ...
Dec 09, 2021
