Tag Archives: technology
Online learning firm Udemy targets nearly $4 billion valuation in U.S. IPO
(Reuters) - Online learning platform Udemy Inc said on Wednesday it is aiming for a valuation of up to $4 billion in its initial public offering in the United States. (Reporting by Niket Nishant in Be...
Oct 20, 2021
Carbon footprint tracker CoGo seeks $20 million to fund expansion
By Paulina Duran SYDNEY (Reuters) - New Zealand-based carbon footprint tracking fintech CoGo Ltd will begin raising $20 million in capital to fund growth in the United States, Europe and Asia, Chief E...
Oct 20, 2021
Micron considering new U.S. memory chip factory as it gears up spending
By Stephen Nellis (Reuters) - Micron Technology Inc said on Wednesday it is considering building a new memory factory in the United States but that state and federal subsidies will be needed to offset...
Oct 20, 2021
Swiss court rejects Google appeal over cloud contract
By Michael Shields ZURICH (Reuters) - A Swiss court has dismissed Google's bid to block the award of a government cloud computing contract worth up to 110 million Swiss francs ($119 million) to rival ...
Oct 20, 2021
Riding the crypto rollercoaster: Bitcoin nears record high
By Tom Wilson LONDON (Reuters) - Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first U.S. bitcoin futures exchange-traded fund that investors think could ma...
Oct 20, 2021
Britain fines Facebook $70 million for breaching order in Giphy deal
(Reuters) - Britain's competition regulator has fined Facebook 50.5 million pounds ($69.6 million) for breaching an order imposed during its investigation into the U.S. social media giant's purchase o...
Oct 20, 2021
Explainer: What is the “metaverse”?
LONDON (Reuters) - Facebook Inc, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself https://www.reuters.com/technology/facebook-plans-change-its-name-v...
Oct 20, 2021
THG founder Moulding foregoes pledge of shares under personal loan facility
LONDON (Reuters) - Online beauty products retailer THG has received a notification from founder Matthew Moulding and his wife Jodie that they are foregoing a pledge of some of their shares in the firm...
Oct 20, 2021
‘They’ll have to pay’: Malaysia chip crunch triggers new era in supply deals
By Liz Lee KUALA LUMPUR (Reuters) - Malaysian electronics firms central to the supply of basic chips that drive the world's cars, smartphones and home devices say big-name customers are beating on the...
Oct 20, 2021
ASML posts better-than-expected Q3 net income of $2 billion amid chip shortage
AMSTERDAM (Reuters) - ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported slightly better-than-expected third quarter net income of 1.7 billion euros ($1.98 billion), amid s...
Oct 20, 2021
