Tag Archives: technology
Analysis-Unleashing reforms, Xi returns to China’s socialist roots
By Yew Lun Tian BEIJING (Reuters) - When Xi Jinping took command of the Communist Party in late 2012 and proclaimed "only socialism can save China", it was largely ignored as the perfunctory mention o...
Sep 09, 2021
Sea Ltd seeks $6.3 billion, in one of SEAsia’s biggest fundraisings
HONG KONG (Reuters) - Southeast Asian technology company Sea Ltd plans to raise$6.3 billion in a share- and convertible bond sale, in one of the region's largest ever capital raisings, according to th...
Sep 08, 2021
Cyber security software startup Snyk raises $300 million, valued at $8.5 billion
(Reuters) - Boston-Based cyber security software startup Snyk on Wednesday said it raised $300 million in fresh funds and the company was now valued at $8.5 billion. In addition to the new funding, in...
Sep 08, 2021
Microsoft warns Azure customers of flaw that could have permitted hackers access to data
By Joseph Menn SAN FRANCISCO (Reuters) -Microsoft warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data. In ...
Sep 08, 2021
Li-Cycle to build EV battery recycling plant in Alabama
By Ernest Scheyder (Reuters) - Li-Cycle Holdings Corp said on Wednesday it will build a recycling facility in Alabama to process a rising volume of lithium-ion battery scrap in the U.S. Southeast for ...
Sep 08, 2021
Central banks of Honduras, Guatemala eye digital currencies as El Salvador launches bitcoin
TEGUCIGALPA (Reuters) - The central banks of Honduras and Guatemala are eying digital currencies, officials said on Wednesday, following El Salvador's adoption of bitcoin as legal currency. The centra...
Sep 08, 2021
Analog Devices expects Maxim deal earnings boost to kick in earlier
(Reuters) - U.S. semiconductor maker Analog Devices Inc said on Wednesday its takeover of Maxim Integrated Products is now expected to add to adjusted earnings twelve months after closing. The current...
Sep 08, 2021
GameStop beats second-quarter revenue estimates as shoppers return to stores
(Reuters) - GameStop Corp, the videogame retailer at the center of this year's "meme stock" trading frenzy, beat analysts' estimates for quarterly revenue on Wednesday, as vaccinations encouraged peop...
Sep 08, 2021
Amazon developing new point-of-sale system to attract small businesses – Insider
(Reuters) - Amazon.com Inc is working on a new type of point-of-sale system that can be sold to third-party sellers, Insider reported on Wednesday. The new system can handle both online and offline tr...
Sep 08, 2021
Amazon.com goes for jugular in FCC spat with SpaceX’s Musk
By David Shepardson WASHINGTON (Reuters) - Amazon.com Inc told U.S. regulators on Wednesday that Elon Musk does not believe government regulations apply to the billionaire who heads Tesla Inc and Spac...
Sep 08, 2021
