Tag Archives: technology
U.S. Supreme Court rebuffs Oracle challenge to Pentagon cloud contract
By Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Monday put an end to Oracle Corp's challenge to how the Pentagon awarded the government's now-canceled $10 billion JEDI cloud computing...
Oct 04, 2021
European politicians call for Facebook investigation after whistleblower revelation
BRUSSELS/STOCKHOLM (Reuters) - Two members of the European parliament have called for an investigation into allegations by a whistleblower that Facebook prioritised profits above the public good. The ...
Oct 04, 2021
Qualcomm, SSW Partners to buy Veoneer in $4.5 billion deal
STOCKHOLM (Reuters) - Swedish automotive technology group Veoneer said on Monday chipmaker Qualcomm Inc and SSW Partners, a New York-based investment partnership, had reached a definite agreement to b...
Oct 04, 2021
Qualcomm, investment firm SSW Partners to buy Veoneer for $4.5 billion
(Reuters) - Qualcomm Inc and investment firm SSW Partners said on Monday they had reached a deal to buy Swedish company Veoneer Inc for $4.5 billion in cash. (Reporting by Abhijith Ganapavaram in Beng...
Oct 04, 2021
French court postpones verdict over Tapie affair – judicial source
PARIS (Reuters) - The Paris appeals court decided to postpone its verdict over the so-called Tapie affair and the alleged involvement of Orange's boss Stphane Richard in a disputed payment made by the...
Oct 04, 2021
Chipmaker Cree changes name to Wolfspeed, strikes deal with GM on battery tech
By Stephen Nellis (Reuters) - Chipmaker Wolfspeed Inc on Monday announced a deal with General Motors to supply silicon carbide power devices for future electric vehicle programs, as Wolfspeed changed ...
Oct 04, 2021
Ukrainian police arrest hacker who caused $150 million damage to global firms
KYIV (Reuters) - Ukrainian police said on Monday they had arrested a 25-year-old man who hacked more than 100 foreign companies and caused damage worth more than $150 million. The hacker, who was not ...
Oct 04, 2021
IHS Holding eyes near $8 billion valuation in U.S. IPO
(Corrects paragraph two to say IHS is London-based) (Reuters) -IHS Holding Ltd, an operator of telecoms infrastructure such as mobile phone towers, is looking to raise up to $540 million in a U.S. ini...
Oct 04, 2021
Coding platform GitLab aims for nearly $9 billion valuation in U.S. IPO
(Reuters) -GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, is looking to raise as much as $624 million through an initial public offering in the United States,...
Oct 04, 2021
Made-from-CO2 concrete, lululemons and diamonds spark investor excitement
By Jane Lanhee Lee and Nia Williams (Reuters) - What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2)...
Oct 04, 2021
