Tag Archives: technology
Timeline: Southeast Asia’s Grab takes a ride to $40 billion SPAC listing
SINGAPORE (Reuters) - Southeast Asian ride-hailing and food delivery platform Grab Holdings lists on Nasdaq via the world's largest special purpose acquisition company (SPAC) deal worth $40 billion. H...
Dec 01, 2021
Weibo’s Hong Kong listing to raise $385 million -sources
By Scott Murdoch HONG KONG (Reuters) -Chinese social media firm Weibo Corp plans to price its shares at HK$272.8 ($35.01) each to raise $385 million in its Hong Kong secondary listing, said three sour...
Dec 01, 2021
Razer’s top execs offer to take firm private, valuing it at $3.2 billion
(Reuters) - Razer Inc said on Thursday that a group led by its top executives proposed to take the gaming hardware maker private in a deal that values the Hong Kong-listed company at HK$24.70 billion ...
Dec 01, 2021
Video platform Rumble to go public via $2.1 billion SPAC deal
(Reuters) - Canadian video platform Rumble Inc said on Wednesday it would go public by merging with blank-check firm CF Acquisition Corp VI at an initial enterprise value of $2.1 billion. The deal is ...
Dec 01, 2021
Apple tells suppliers demand for iPhone 13 lineup has weakened – Bloomberg News
(Reuters) - Apple Inc has told its component suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people familiar with the matter, signaling that som...
Dec 01, 2021
Instagram head to testify before U.S. Senate panel on ‘protecting kids online’
WASHINGTON (Reuters) - Instagram head Adam Mosseri will testify on Dec. 8 at a U.S. Senate subcommittee hearing on "protecting kids online," the panel said on Wednesday. "This hearing will address wha...
Dec 01, 2021
Qualcomm chip aims to create new category of handheld gaming devices
By Stephen Nellis (Reuters) - Qualcomm Inc on Wednesday released a new chip designed for gaming-specific handheld devices offering 5G connectivity, a potential new mobile platform for video gamers off...
Dec 01, 2021
Former Ubiquiti employee charged with hacking, extorting company
By Brendan Pierson (Reuters) - A former employee of New York-based Ubiquiti Inc was arrested Wednesday on charges of stealing confidential data from the wireless technology company and using it to dem...
Dec 01, 2021
Australia’s Afterpay delays meeting to vote on Square deal
(Reuters) - Australian buy-now-pay-later giant Afterpay Ltd on Thursday said it had decided to delay a shareholder meeting to vote on its acquisition by Square Inc, pending regulatory approval from Sp...
Dec 01, 2021
U.S. ITC starts probe of possible patent violations of circuits, devices
WASHINGTON (Reuters) - The U.S. International Trade Commission on Wednesday said it would initiate an investigation of certain integrated circuits, chipsets and electronic devices, based on a complain...
Dec 01, 2021
