Tag Archives: technology
US regulators weigh penalizing bankrupt crypto lender Voyager’s ex-CEO – Bloomberg
(Reuters) - Investigators at the U.S. Commodity Futures Trading Commission's enforcement division have concluded that the co-founder of Voyager Digital broke derivatives regulations before the failed ...
Oct 06, 2023
BMW says EU subsidy probe into China-made EVs could do more harm than good
By Victoria Waldersee and Christina Amann BERLIN (Reuters) - The European Union's investigation into subsidies for China-made electric vehicles (EV) exported to Europe could do more harm than good, BM...
Oct 06, 2023
Exclusive-US-China tech war: RISC-V chip technology emerges as new battleground
By Stephen Nellis and Max A. Cherney (Reuters) - In a new front in the U.S.-China tech war, President Joe Biden's administration is facing pressure from some lawmakers to restrict American companies f...
Oct 06, 2023
Disney in talks with Adani, Sun TV to sell India assets -Bloomberg News
BENGALURU (Reuters) -Disney has held talks with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran as well private equity firms to sell its streaming and television business in ...
Oct 06, 2023
Sam Bankman-Fried’s trial to resume with testimony from ex-FTX executive
By Jody Godoy and Luc Cohen NEW YORK (Reuters) - Former FTX executive Gary Wang is set to retake the stand on Friday and continue testifying against his former roommate and boss, Sam Bankman-Fried, wh...
Oct 06, 2023
Microsoft looks to close Activision deal next week – The Verge
(Reuters) - Microsoft is aiming to close its $69 billion deal for "Call of Duty" publisher Activision Blizzard on Oct. 13 if it gets approval from Britain's antitrust regulator, the Verge reported on ...
Oct 06, 2023
UK regulator issues notice to Snapchat over AI chatbot’s privacy risks
LONDON (Reuters) - Britain's data watchdog on Friday issued Snapchat with a preliminary enforcement notice over a possible failure to properly assess the privacy risks of its generative AI chatbot to ...
Oct 06, 2023
Umicore, Volkswagen present Ionway battery parts joint venture
BERLIN (Reuters) - The $2.9 billion battery parts joint venture between Volkswagen's PowerCo and Belgian materials firm Umicore will be called Ionway, the companies said on Friday. Through the joint v...
Oct 06, 2023
Italy’s Intesa Sanpaolo says it will invest in SpaceX
MILAN (Reuters) - Italy's biggest bank Intesa Sanpaolo said on Friday it had decided to invest in US billionaire Elon Musk's space company SpaceX. Intesa Sanpaolo recognizes "the aerospace sector as h...
Oct 06, 2023
Renault, Volvo, CMA CGM pool forces to develop electric vans
PARIS (Reuters) - Carmakers Renault and Volvo and shipping group CMA CGM said on Friday they will jointly develop a new generation of electric vans, aiming to begin production in 2026. Renault and Vol...
Oct 06, 2023
