Tag Archives: technology
China foreign exchange regulator fines Tencent’s Tenpay for misconduct
SHANGHAI (Reuters) - China's foreign exchange regulator said it fined Tencent Holding's Tenpay for violating foreign exchange rules, as authorities step up supervision of the country's fintech industr...
Nov 28, 2021
U.S. Commerce chief to make pitch for chips funding in Michigan
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo will on Monday make a pitch in Michigan for Congress to approve $52 billion to expand U.S. semiconductor manufacturing ...
Nov 28, 2021
UK regulator set to block Meta’s Giphy deal – FT
(Reuters) - The UK competition regulator is expected to block Meta's acquisition of online GIF platform Giphy in the upcoming days in an escalation of the watchdog's assault on Big Tech, the Financial...
Nov 28, 2021
Clearlake Capital to buy Quest Software from Francisco Partners – WSJ
(Reuters) - Private equity firm Clearlake Capital has struck a deal to buy Quest Software Inc from Francisco Partners, valuing it at $5.4 billion including debt, the Wall Street Journal reported on Su...
Nov 28, 2021
Indian fintech Slice raises $220 million, hits “unicorn” status
By Sankalp Phartiyal NEW DELHI (Reuters) - Indian fintech company Slice said on Monday it had raised $220 million in a Series B funding round led by investment giant Tiger Global and private equity fi...
Nov 28, 2021
Exclusive-D. Telekom, Vodafone, others want U.S. tech giants to help fund network costs
By Foo Yun Chee BRUSSELS (Reuters) - U.S. tech giants should bear some of the costs of developing Europe's telecoms networks because they use them so heavily, chief executives of Deutsche Telekom, Vod...
Nov 28, 2021
Amazon exec says Omicron’s impact on holiday spending uncertain
By Mike Spector NEW YORK (Reuters) - A senior Amazon.com Inc executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season ...
Nov 28, 2021
Cryptocurrency exchange Coinstore enters India despite pending curbs on trade
By Nupur Anand MUMBAI (Reuters) - Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar mos...
Nov 28, 2021
Amazon to open Abu Dhabi fulfilment centre by 2024, says govt media office
DUBAI (Reuters) - Amazon has partnered with Abu Dhabi Investment Office (ADIO) to establish a fulfilment centre by 2024 to be built in accordance with the company's carbon-reduction strategies, the Ab...
Nov 28, 2021
Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles – Beijing govt
SHANGHAI (Reuters) - Chinese smartphone giant Xiaomi Corp will build a plant that can produce 300,000 vehicles annually in Beijing for its electric vehicle unit, authorities in the capital said on Sat...
Nov 27, 2021
Sun Jul 5
Green Bay, WI, USA
82°FFeels Like: 82°F
Wind/Dir: 27 MPH-NNE
Humidity: 44%
