Tag Archives: technology
GM invests in Oculii, radar software maker for self-driving cars
By Hyunjoo Jin SAN FRANCISCO (Reuters) - General Motors Co's venture capital arm has invested millions of dollars in Oculii, a U.S. startup maker of software for radar sensors used in self-driving car...
Sep 13, 2021
Salesforce rival Freshworks aims for nearly $9 billion valuation in U.S. IPO
(Reuters) - Freshworks Inc is aiming for a nearly $9 billion valuation in a U.S. initial public offering, according to a regulatory filing by the business and customer engagement software company on M...
Sep 13, 2021
Apple shares recover ground after Epic ruling slide
(Reuters) -Apple Inc's shares inched higher on Monday after losing about $84 billion in market value in the previous session on the back of a U.S. judge's mixed decision in the iPhone maker's fight wi...
Sep 13, 2021
Singapore bank DBS charts ambitious plans for digital exchange
By Anshuman Daga SINGAPORE (Reuters) - Singapore's DBS Group expects to double the number of members on its new platform for cryptocurrency trading to 1,000 by end-December and grow this by 20-30% ann...
Sep 13, 2021
Brevan Howard hires CMT Digital CEO to lead crypto venture investments
LONDON (Reuters) - Hedge fund Brevan Howard said on Monday it had hired CMT Digital Chief Executive Colleen Sullivan to lead the firm's private and venture investments in crypto. Sullivan, who special...
Sep 13, 2021
China to break up Ant’s Alipay and force creation of separate loans app – FT
(Reuters) - Beijing wants to break up Alipay, the hugely popular payments app owned by Jack Ma's Ant Group, and create a separate app for the company's highly profitable loans business, the Financial ...
Sep 12, 2021
Tiger Global-backed startup brings $2 brokerage to Australia
By Paulina Duran SYDNEY (Reuters) - Stakeshop Pty Ltd, an online stock broker backed by tech investment giant Tiger Global, said on Monday it will launch a A$3 ($2) brokerage service in Australia, the...
Sep 12, 2021
‘Fortnite’ creator Epic Games to appeal ruling in Apple case
(Reuters) -"Fortnite" game maker Epic Games on Sunday said in a legal filing that it plans to appeal a ruling in its antitrust case against Apple Inc after a federal judge on Friday gave a mixed decis...
Sep 12, 2021
Orange’s Stephane Richard says wants 4th term as CEO – JDD
PARIS (Reuters) - Orange's Stephane Richard said he wants a fourth term as chief executive of France's biggest telecoms operator after his mandate ends next May, he was quoted as saying in an intervie...
Sep 11, 2021
China tells Alibaba, Tencent to open platforms up to each other – media
SHANGHAI (Reuters) - China's industry ministry has told technology companies including Alibaba Group Ltd and Tencent Holdings Ltd to stop blocking each other's website links from their platforms, the ...
Sep 11, 2021
