Tag Archives: technology
After Facebook change, Big Tech’s FAANG considers toothless MAANG
By Medha Singh and Ambar Warrick (Reuters) - MAANG? MANGA? Or MAMATA? Facebook's rebranding to Meta Platforms has launched a search for a new name for the high-flying FAANG group that also includes Ap...
Syndicated Content Oct 29, 2021
WeWork gets $150 million investment from real estate services firm Cushman & Wakefield
(Reuters) - Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchang...
Syndicated Content Oct 29, 2021
U.S. govt panel probes Tencent takeover of UK videogame maker Sumo
(Reuters) - Sumo Group said on Friday the U.S. national security panel is investigating the British videogame developer's $1.27 billion takeover by China's Tencent Holdings. Sumo and Tencent are engag...
Syndicated Content Oct 29, 2021
Chinese electric vehicle maker BYD launches $1.8 billion capital raising -term sheet
HONG KONG (Reuters) - Chinese electric vehicle company BYD Co is raising up to $1.8 billion in a capital raising launched on Friday, a term sheet seen by Reuters showed. A price range to sell 50 milli...
Syndicated Content Oct 29, 2021
High lithium costs start to feed into prices of China EV batteries -BMI
By Pratima Desai LONDON (Reuters) - Soaring costs of materials such as lithium and nickel used to make electric vehicle batteries are starting to feed through into prices of these batteries in China, ...
Syndicated Content Oct 29, 2021
Apple set to hand crown of world’s most valuable company to Microsoft
By Subrat Patnaik (Reuters) - Apple Inc is set to lose its crown as the world's most valuable public company to Microsoft Corp if the iPhone maker's shares continue their downward slide when the marke...
Syndicated Content Oct 29, 2021
Smartphone made by Google and India’s Reliance Jio to be sold for about $87
BENGALURU (Reuters) -India's Reliance Industries said on Friday the low-cost smartphone made by its Jio telecom business and Alphabet Inc's Google will be available in stores from this festive season ...
Syndicated Content Oct 29, 2021
China proposes guidelines on internet platform responsibilities
SHANGHAI (Reuters) - China's market regulator on Friday proposed a long list of responsibilities it said it wanted the country's internet platforms to uphold, in the latest effort by Beijing to establ...
Syndicated Content Oct 29, 2021
How Apple is gaining smartphone customers during a chip shortage
By Aniruddha Ghosh and Subrat Patnaik (Reuters) - Apple Inc is eating into its rivals' smartphone market share as the iPhone maker navigates through a global chip crunch better than other mobile phone...
Syndicated Content Oct 29, 2021
What’s in a name? Meta Materials soars after Facebook name change
By Sachin Ravikumar (Reuters) - Facebook may have unveiled its new identity at a glitzy event on Thursday, but shares of a lesser-known Canadian industrial materials company surged in an apparent case...
Syndicated Content Oct 29, 2021

