Tag Archives: technology
Lordstown appoints Chief Commercial Officer, other executives in management rejig
(Reuters) - Lordstown Motors appointed new executives, including a Chief Commercial Officer, on Wednesday, as the electric-vehicle startup ramps up efforts to bring its first pickup truck to the marke...
Syndicated Content Nov 10, 2021
China’s Alibaba kicks off final hours of Singles’ Day shopping event
By Josh Horwitz SHANGHAI (Reuters) - A virtual appearance by British actor Benedict Cumberbatch and flashy deals kicked off Alibaba Group Holding Ltd's final 24 hours of its Singles' Day shopping even...
Syndicated Content Nov 10, 2021
AI chip startup Cerebras Systems raises $250 million in funding
By Stephen Nellis (Reuters) - Cerebras Systems, a Silicon Valley-based startup developing a massive computing chip for artificial intelligence, said on Wednesday that it has raised an additional $250 ...
Syndicated Content Nov 10, 2021
Facebook’s work app Workplace to integrate with Microsoft Teams
By Elizabeth Culliford (Reuters) - Facebook said on Wednesday it is integrating Workplace, the work-focused version of its social app, with Microsoft's collaboration app Teams, so users can better sha...
Syndicated Content Nov 10, 2021
Apple launches subscription service aimed at small-business users
By Stephen Nellis (Reuters) - Apple Inc on Wednesday launched a new subscription service aimed at helping small-business owners manage the Apple devices used by their employees. Business Essentials, a...
Syndicated Content Nov 10, 2021
Rivian CEO sees annual production capacity of at least 1 million vehicles before 2030
By Ben Klayman and Paul Lienert DETROIT (Reuters) - Electric vehicle startup Rivian Automotive Inc plans to be building at least one million vehicles annually by the end of the decade, its chief execu...
Syndicated Content Nov 10, 2021
Enterprise automation software firm Workato valued at $5.7 billion in latest funding
(Reuters) - Workato, an enterprise software company that offers an automation platform for businesses, has more than tripled its valuation to $5.7 billion after its latest funding round. The company s...
Syndicated Content Nov 10, 2021
Crypto boom strains Kazakhstan’s coal-powered energy grid
By Mariya Gordeyeva ALMATY (Reuters) - Kazakhstan is struggling to meet the energy needs of its booming cryptocurrency mining industry, which is flourishing thanks to cheap power and an exodus of cryp...
Syndicated Content Nov 10, 2021
Google loses court fight against $2.8-billion EU antitrust decision
By Foo Yun Chee LUXEMBOURG (Reuters) - Alphabet unit Google lost an appeal against a 2.42-billion-euro ($2.8-billion) European antitrust decision on Wednesday, a major win for the bloc's competition c...
Syndicated Content Nov 10, 2021
DoorDash surges on $8 billion takeover deal to jump start international expansion
(Reuters) - Shares of DoorDash Inc jumped 16% on Wednesday after the U.S. food delivery firm inked an $8 billion deal to buy Finnish startup Wolt to grab a slice of the European market and maintain it...
Syndicated Content Nov 10, 2021

