Tag Archives: technology
U.S. consumer watchdog orders tech giants turn over information on payment systems
WASHINGTON (Reuters) - The Consumer Financial Protection Bureau (CFPB) on Thursday said it has issued a series of orders to tech giants to turn over information on their payment system plans in an eff...
Oct 21, 2021
Trump strikes SPAC deal for new social media platform, shares soar
(Reuters) - Shares of Digital World Acquisition Corp rose 80% on Thursday after the publicly listed shell company said it would merge with a business owned by former U.S. President Donald Trump to cre...
Oct 21, 2021
Tesla looks to pave the way for Chinese battery makers to come to U.S.
By Hyunjoo Jin and Subrat Patnaik (Reuters) - Tesla Inc wants to shift to a less expensive battery for its electric vehicles but first needs to figure out how to overcome political tensions to get a C...
Oct 21, 2021
Facebook’s oversight board demands more transparency
(Reuters) - Facebook Inc's independent oversight board demanded more transparency from the social media giant on Thursday, following a series of media reports that exposed loopholes at the company. Th...
Oct 21, 2021
Velodyne Lidar founder plans to nominate directors next year -letter
By Svea Herbst-Bayliss (Reuters) - Velodyne Lidar's founder and biggest shareholder on Thursday warned that he plans to nominate two directors to the board next year amid frustration with the sensor s...
Oct 21, 2021
Crypto firm FTX Trading raises funds at $25 billion valuation
(Reuters) - Crypto firm FTX Trading has raised fresh capital at a valuation of $25 billion from a clutch of investors led by Ontario Teachers' Pension Plan Board, Temasek, Tiger Global and Sequoia Cap...
Oct 21, 2021
Chinese regulators suggest Hong Kong listing for Didi – WSJ
(Reuters) - China's cybersecurity watchdog suggested ride-hailing firm Didi Global Inc and two other U.S.-listed tech companies explore listings in Hong Kong, the Wall Street Journal reported on Thurs...
Oct 21, 2021
Meta4 launches NFT fund with Andreessen Horowitz backing
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Meta4 Fund Management, a Miami-based crypto-currency investment management firm, said on Thursday it launched a new fund to invest in so-called non-fungi...
Oct 21, 2021
Exclusive: Home remodeling platform Houzz hires Goldman for IPO -sources
By Anirban Sen and Krystal Hu (Reuters) - Houzz Inc, the U.S. online home remodeling platform that capitalized on the boom in renovations during the COVID-19 pandemic, has hired Goldman Sachs to prepa...
Oct 21, 2021
Facebook signs copyright agreement with some French publishers
PARIS (Reuters) - Facebook said on Thursday it had signed an agreement with a French news publishers' lobby group regarding copyrights, after months of talks. The U.S. social media giant and the Allia...
Oct 21, 2021
