Tag Archives: technology
Facebook explains content it demotes in news feed in bid for transparency
By Sheila Dang (Reuters) - Facebook Inc on Thursday said it reduces the distribution of certain content including clickbait, posts with "sensationalist" or exaggerated health claims or low-quality vid...
Sep 23, 2021
Clean tech in focus as stock market awaits German election
By Christoph Steitz and Daniela Pegna FRANKFURT (Reuters) - Germany's upcoming national election is likely to show the most fragmented outcome in decades and markets could struggle to work out the imp...
Sep 23, 2021
VW software to alter emissions breaches EU law – EU court adviser
BRUSSELS (Reuters) - Software used by Volkswagen AG to alter pollutant emissions based on the outside temperature and altitude breaches EU law and cannot be justified by its role to protect the engine...
Sep 23, 2021
Czech online grocer Rohlik to invest 400 million euros in automation
PRAGUE (Reuters) - Czech online grocery delivery startup Rohlik Group said on Thursday it will invest 400 million euros ($469.32 million) in warehouse automation by the end of 2025 to boost efficiency...
Sep 23, 2021
Betsson chairman Svensk resigns after CEO dismissal
STOCKHOLM (Reuters) - Swedish online gaming company Betsson said on Thursday that its chairman, Patrick Svensk, had resigned effective immediately in the wake of the dismissal of the company's Chief E...
Sep 23, 2021
Italy’s Enel to launch newco Gridspertise for digital grid services – paper
ROME (Reuters) - Italy's Enel will set up a new company dedicated to digital grid services, which aims to have a revenue of 1.5 billion euros ($1.76 billion) by 2030, newspaper Il Sole 24 Ore reported...
Sep 23, 2021
GM invests in Chinese autonomous driving startup Momenta
BEIJING (Reuters) -U.S. automaker General Motors Co said on Thursday that it would invest $300 million in Chinese autonomous driving startup Momenta to develop self-driving technologies for future mod...
Sep 23, 2021
Australia’s Commonwealth Bank mocks Apple’s ‘pro-competition’ claim
By Paulina Duran SYDNEY (Reuters) - Commonwealth Bank of Australia, the country's largest lender, accused Apple Inc on Thursday of uncompetitive behaviour over control of payments on its phones, which...
Sep 22, 2021
Supply chain snarls could cost automakers $210 billion this year, forecast finds
By Joseph White DETROIT (Reuters) - Global automakers could lose $210 billion in revenue this year because of supply chain disruptions, nearly double a forecast earlier this year, consulting firm Alix...
Sep 22, 2021
SoftBank-backed Oyo to file for $1 billion IPO next week – ET
BENGALURU (Reuters) - SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering next week to raise around $1 billion, the Economic Times ...
Sep 22, 2021
