Tag Archives: technology
China auto-chip firm Black Sesame Tech valued near $2 billion after funding from Xiaomi, others
BEIJING (Reuters) - Chinese auto-chip startup Black Sesame Technologies said on Wednesday that it had raised "hundreds of millions of dollars" from Xiaomi Corp and other investors as China accelerates...
Sep 21, 2021
Australia’s Lake Resources teams up with clean tech firm Lilac to develop Argentina lithium project
MELBOURNE (Reuters) - Australian lithium company Lake Resources NL and California-based Lilac Solutions said on Wednesday they are teaming up to jointly develop the Kachi Lithium Brine project in Arge...
Sep 21, 2021
Freshworks valued at $10.13 billion after raising $1.03 billion in U.S. IPO – source
(Corrects to add media packaging code) NEW YORK (Reuters) - Business software firm Freshworks, which counts Accel and Sequoia Capital among its major backers, on Tuesday priced its U.S. initial public...
Sep 21, 2021
Australia’s Zip enters Indian buy-now-pay-later space with ZestMoney deal
(Reuters) -Australian buy-now-pay-later (BNPL) firm Zip Co Ltd said on Wednesday it would invest $50 million to acquire a minority interest in Indian peer, ZestMoney, as part of its plans to tap new g...
Sep 21, 2021
Lithuania says throw away Chinese phones due to censorship concerns
By Andrius Sytas VILNIUS (Reuters) - Lithuania's Defense Ministry recommended that consumers avoid buying Chinese mobile phones and advised people to throw away the ones they have now after a governme...
Sep 21, 2021
Facebook Oversight Board seeks clarity on review system for high-profile users
(Reuters) - Facebook Inc's independent Oversight Board said on Tuesday it has asked the social networking giant to provide clarity on the system it uses to review content decisions relating to some hi...
Sep 21, 2021
Facebook to launch portable version of Portal video chat device
By Elizabeth Culliford (Reuters) - Facebook on Tuesday announced two new models of its Portal video calling devices, including its first portable version. The social media company also said it was tes...
Sep 21, 2021
Former F1 driver Rosberg, Agnelli’s Exor invest in adopt-a-tree site Treedom
FLORENCE (Reuters) - Former Formula One world champion Nico Rosberg and Agnelli family holding company Exor are among the new investors in Italy's Treedom, an e-commerce platform on which customers pa...
Sep 21, 2021
EU plans to legislate for common phone charger despite Apple grumbles
By Foo Yun Chee BRUSSELS (Reuters) - The European Commission will on Thursday present a legislative proposal for a common charger for mobile phones, tablets and headphones, a person familiar with the ...
Sep 21, 2021
AT&T plans multi-year effort to burnish its brand image
By Sheila Dang (Reuters) - AT&T Inc Chief Executive John Stankey said on Tuesday the U.S. wireless company will pursue a "multi-year effort" to improve its reputation with customers. Speaking at Goldm...
Sep 21, 2021
