Tag Archives: technology
Biden nominee for key China export post expects Huawei to remain blacklisted
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) -U.S. President Joe Biden's nominee to a post overseeing export policy on China said on Tuesday he sees Chinese telecoms firm Huawei as a nat...
Sep 21, 2021
Facebook spent over $13 billion on safety, security since 2016
(Reuters) - Facebook Inc said on Tuesday it has invested more than $13 billion in safety and security measures since 2016, days after a newspaper reported the company had failed to fix "the platform's...
Sep 21, 2021
QuantumScape partners with unidentified large automaker to test battery prototypes
(Reuters) - U.S. battery maker QuantumScape Corp said on Tuesday it had partnered with an undisclosed large automaker to evaluate prototypes of its solid-state battery cells, sending the Volkswagen AG...
Sep 21, 2021
Biden sanctions cryptocurrency exchange over ransomware attacks
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Tuesday unveiled sanctions against a cryptocurrency exchange over its alleged role in enabling illegal payments from ransomware att...
Sep 21, 2021
Google plans to buy office space in New York City for $2.1 billion
(Reuters) - Alphabet Inc-owned Google plans to buy an office building in Manhattan for $2.1 billion, even as most of its employees work remotely and companies adopt hybrid work models. The deal for St...
Sep 21, 2021
Banks say draft capital rules make cryptoassets too costly to trade
By Huw Jones LONDON (Reuters) - Proposed capital rules for banks holding cryptoassets on their books could block lenders from competing in the fast-growing sector, a group of industry lobbying groups ...
Sep 21, 2021
Advent-led funding lifts Assembly’s valuation to over $1 billion
(Reuters) - E-commerce software and data platform Assembly said on Tuesday its valuation had crossed $1 billion following a funding round led by U.S. private equity firm Advent International. The comp...
Sep 21, 2021
Shares in Brazilian airline Gol rise after flying taxis announcement
By Gabriel Araujo SAO PAULO (Reuters) -Shares in Brazilian airline Gol Linhas Aereas Inteligentes climbed on Tuesday after it announced an agreement with lessor Avolon to buy or lease 250 electric air...
Sep 21, 2021
Activision says working with regulators to address workplace complaints
(Reuters) - Video game publisher Activision Blizzard said on Tuesday that it continues to work with regulators on addressing and resolving the workplace complaints it has received. On Monday, the comp...
Sep 21, 2021
Uber could post first adjusted profit this quarter as cab demand returns
By Nivedita Balu and Akanksha Rana (Reuters) -Uber Technologies Inc could post its first profit on an adjusted basis for the current quarter, reaching the elusive milestone sooner than expected as onl...
Sep 21, 2021
