Tag Archives: technology
Global investors ending 2021 ‘risk-on’ – BofA
MILAN (Reuters) - Investors are heading towards the end of the year in a "risk-on" mood, having reduced cash allocations and lifted their overweight position on U.S. stocks to the highest since August...
Nov 16, 2021
Bitcoin falls more than 4% to near $60,000
SINGAPORE (Reuters) - Bitcoin, the world's biggest and best-known cryptocurrency, fell more than 4% on Tuesday as it extended a decline through a week that also included an upgrade to its blockchain. ...
Nov 16, 2021
Razer execs plan to value firm at up to $4.5 billion in take-private deal -sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) -A consortium led by Razer Inc's top executives is planning to value the Hong Kong-listed gaming hardware maker at up to HK$35 billion ($4.5 billion) in a ...
Nov 15, 2021
Grab’s ride-hailing services disrupted in Southeast Asian countries
SINGAPORE (Reuters) - Southeast Asia's Grab on Tuesday said it was experiencing a disruption to its services, with customers and drivers in Singapore, Indonesia and Malaysia complaining that they were...
Nov 15, 2021
Google commits $740 million to Australia months after threatening pull-out
SYDNEY (Reuters) - Google will spend A$1 billion ($736 million) in Australia over five years, the tech giant said on Tuesday, just months after it threatened to pull its services from the country in r...
Nov 15, 2021
Tesla’s Musk sold 934,091 shares to satisfy tax withholding obligations – filing
(Reuters) - Tesla Chief Executive Officer Elon Musk sold 934,091 shares solely to satisfy his tax withholding obligations related to the exercise of stock options, U.S. securities filings showed on Mo...
Nov 15, 2021
British electric truck startup Tevva raises $57 million in funding
By Nick Carey LONDON (Reuters) - British electric truck startup Tevva said on Tuesday it had raised $57 million in its latest funding round to ramp up production at its new London plant and deliver it...
Nov 15, 2021
JPMorgan sues Tesla for $162 million related to warrants, Musk tweet
NEW YORK (Reuters) - JPMorgan Chase & Co on Monday sued Tesla Inc for $162.2 million, accusing Elon Musk's electric car company of breaching a contract related to stock warrants following Musk's 2018 ...
Nov 15, 2021
U.S. Senate leader will add China tech bill to defense measure
By Patricia Zengerle WASHINGTON (Reuters) - U.S. Senate Democratic Majority Leader Chuck Schumer said on Monday he will add legislation to boost U.S. competitiveness with China to a massive defense po...
Nov 15, 2021
Canoo advances manufacturing dates for electric vehicles
(Reuters) - Electric vehicle company Canoo Inc has advanced its U.S. manufacturing timeline to begin production before the fourth quarter next year, and would expand to more locations apart from its O...
Nov 15, 2021
