Tag Archives: technology
Affirm soars on buy now, pay later pact with Amazon
(Reuters) -Affirm Holdings Inc shares surged 43% on Friday after the company partnered with Amazon.com Inc to make its buy now, pay later (BNPL) service available to certain customers of the e-commerc...
Aug 27, 2021
Western Digital $20 billion all-stock offer for Kioxia poses valuation, cash challenge – analysts
By Chavi Mehta (Reuters) - A possible merger between storage hardware maker Western Digital Corp with its Japanese partner and chipmaker Kioxia Holdings could create a NAND memory chipmaking giant tha...
Aug 27, 2021
Spotify says Apple’s deal to ease App Store curbs does not address core concerns
(Reuters) - Swedish music streaming platform Spotify Technology SA said on Friday Apple Inc's agreement to loosen App Store restrictions for small developers does not address the basic aspects of thei...
Aug 27, 2021
Bitcoin fever reaches Honduras with first cryptocurrency ATM
By Diego Or (Reuters) - The first cryptocurrency ATM in Honduras opened this week as bitcoin backers sought to spur demand for virtual assets after neighboring El Salvador became the first country to ...
Aug 27, 2021
Biden admin defends approving licenses for auto chips for Huawei
(Reuters) - The Biden administration, which was criticized this week for approving licenses for auto chips for Huawei, said it has not changed the policy on restricting sales of goods and technology t...
Aug 27, 2021
U.S. markets regulator wants public feedback on firms’ digital-engagement practices
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Friday issued a request for public input on so-called digital customer-engagement practices by brokers and advisers amid gro...
Aug 27, 2021
Cells in GM, Hyundai EV battery fires linked to several LG plants
By Paul Lienert and Heekyong Yang (Reuters) - Shares of Korean battery maker LG Chem slid to a nine-month low on Friday as investors digested reports linking fires in General Motors Co and Hyundai Mot...
Aug 27, 2021
Amazon-backed Rivian seeks $70-80 billion valuation in IPO – source
(Reuters) -Amazon.com Inc-backed electric vehicle company Rivian is seeking a valuation of around $70-80 billion in its initial public offering, a source familiar with the matter told Reuters on Frida...
Aug 27, 2021
Toyota halts all self-driving e-Palette vehicles after Olympic village accident
By Sanjana Shivdas and Tim Kelly (Reuters) -Toyota Motor said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the ve...
Aug 27, 2021
Tianjin asks govt firms to move data out of Alibaba, Tencent clouds-document
BEIJING (Reuters) - The Chinese city of Tianjin has asked municipally controlled companies to migrate their data from private sector operators like Alibaba Group and Tencent Holdings to a state-backed...
Aug 27, 2021
