Tag Archives: technology
Nvidia’s rally turbo charged by ‘metaverse’, valuation breaches $800 billion
By Siddarth S and Akash Sriram (Reuters) - Shares of Nvidia Corp surged 12% on Thursday, taking the chipmaker closer to the $1 trillion valuation mark on hopes that it will get a boost from companies ...
Nov 18, 2021
Tesla, electric SUVs get poor scores from Consumer Reports
(Reuters) - Vehicles from Tesla Inc and electric sport utilities from rival brands are among the least reliable models sold in the United States, a reflection of the risks of new technology, Consumer ...
Nov 18, 2021
L’Oreal says it reached agreement with Chinese influencers
PARIS (Reuters) - L'Oreal has found a solution with two of China's top livestreaming stars after a public dispute over discounts on Alibaba's Singles Day earlier this month. (Reporting by Mimosa Spenc...
Nov 18, 2021
Elizabeth Warren urges SEC to investigate Trump SPAC deal
(Reuters) - U.S. Senator Elizabeth Warren on Thursday urged Securities and Exchange Commission chairman Gary Gensler to investigate a recent deal between former U.S. President Donald Trump's social me...
Nov 18, 2021
Exclusive – India may create obstacles to crypto trading and holding – sources
By Nupur Anand and Aftab Ahmed MUMBAI/NEW DELHI (Reuters) - India plans to tighten regulation of cryptocurrencies to deter investors from holding them though the government is unlikely to follow throu...
Nov 18, 2021
ASML sees around $2.27 billion in sales in China in 2021, 2022 – CFO
AMSTERDAM (Reuters) - Dutch semiconductor equipment maker ASML said on Thursday the company sees demand for its products remaining strong in China, with around 2 billion euros ($2.27 billion) in sales...
Nov 18, 2021
GM’s commercial EV unit to supply 5,400 more vans to Merchants Fleet
(Reuters) - General Motors Co's BrightDrop said on Thursday vehicle leasing firm Merchants Fleet plans to order 5,400 more of its delivery vans in a boost to the largest U.S. automaker's fledgling ele...
Nov 18, 2021
Adobe taps startup Bolt to add one-click checkouts to commerce sites
By Stephen Nellis (Reuters) - Adobe Inc on Thursday said it was partnering with San Francisco-based startup Bolt to add one-click checkouts for retailers that use Adobe's e-commerce software tools. On...
Nov 18, 2021
Ford, GlobalFoundries say they will work together to boost chip supply
By Stephen Nellis and Ben Klayman (Reuters) -Ford Motor Co and chip manufacturer GlobalFoundries Inc on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the ...
Nov 18, 2021
Canada’s power chip maker GaN Systems raises $150 million, pushes on electric car market
By Jane Lanhee Lee (Reuters) - Canadian power chip maker GaN Systems on Tuesday said it raised $150 million in a funding round led by Fidelity Management & Research as it seeks to expand its market sh...
Nov 18, 2021
