Tag Archives: technology
Apple cuts iPad production to feed chips to iPhone 13 -Nikkei
(Reuters) - Apple Inc has cut back on production of its iPad tablets to allocate more components to the iPhone 13, the Nikkei said on Tuesday, citing multiple sources. Production of the iPad was down ...
Syndicated Content Nov 01, 2021
Exclusive-ByteDance to reorganize, CFO steps down to focus on TikTok – memo
BEIJING (Reuters) - TikTok Chief Executive Officer Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running the short video business full time, according...
Syndicated Content Nov 01, 2021
SoftBank leads $93 million investment in NFT gaming firm the Sandbox
By Krystal Hu (Reuters) - The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led by SoftB...
Syndicated Content Nov 01, 2021
Labor board to hear Amazon workers’ bid for NY union vote on Nov. 15
(Reuters) - The U.S. National Labor Relations Board will convene a hearing on Amazon.com Inc workers' petition to unionize their Staten Island, New York, warehouse on Nov. 15, labor organizer Chris Sm...
Syndicated Content Nov 01, 2021
Philippines’ Mynt secures $300 million from Warburg Pincus, other investors
MANILA (Reuters) - Philippines' Mynt said on Tuesday it raised $300 million in capital from U.S. private equity firms Warburg Pincus and Insight Partners, valuing the financial technology firm at $2 b...
Syndicated Content Nov 01, 2021
Factbox-Five reasons U.S. regulators think stablecoins threaten the financial system
By Michelle Price and Pete Schroeder (Reuters) - A group of U.S. regulators on Monday called for Congress to regulate issuers of "stablecoins" like banks, arguing in a report that this emerging class ...
Syndicated Content Nov 01, 2021
Onsemi shares hit record as it doubles down on electric car chips
By Stephen Nellis (Reuters) - Chipmaker Onsemi delivered a better-than-expected sales and profit forecast on Monday after shifting its focus to its highest-profit products, sending its shares to a rec...
Syndicated Content Nov 01, 2021
NASA delays launch of SpaceX mission, citing ‘medical issue’ with 1 of 4 crew members
CAPE CANAVERAL, Fla. (Reuters) - NASA on Monday announced a three-day delay in a SpaceX rocket launch of four astronauts to the International Space Station, the second postponement of the mission in a...
Syndicated Content Nov 01, 2021
After Dell spinout, VMware CEO looks to cloud partnerships and M&A
By Stephen Nellis (Reuters) - Newly independent VMware Inc will look to pursue deeper deals with cloud computing providers and consider "large scale" acquisitions that could help the company grow, Chi...
Syndicated Content Nov 01, 2021
EV startup Rivian, backed by Amazon and Ford, targets over $53 billion valuation in IPO
(Reuters) - Electric vehicle maker Rivian Automotive Inc, which is backed by both Amazon.com Inc and Ford Motor Co, said on Monday it was targeting a valuation of more than $53 billion in its initial ...
Syndicated Content Nov 01, 2021

