Tag Archives: technology
Xiaomi revenue surges 64%, prepares autonomous driving expansion
By David Kirton SHENZHEN, China (Reuters) -Smartphone maker Xiaomi Corp's second-quarter revenue rose a record 64% from a year earlier, it said on Wednesday, announcing the purchase of an autonomous d...
Aug 25, 2021
NFT sales surge as speculators pile in, sceptics see bubble
By Elizabeth Howcroft LONDON (Reuters) - Non-fungible token (NFT) sales surged in August, according to the largest platform for the burgeoning digital asset class, as speculators bet growing interest ...
Aug 25, 2021
S.Korea parliament committee votes to curb Google, Apple commission dominance
SEOUL (Reuters) - A South Korean parliamentary committee voted early on Wednesday to recommend amending a law, a key step toward banning Google and Apple from forcibly charging software developers com...
Aug 24, 2021
Exclusive-U.S. approves licenses for Huawei to buy auto chips – sources
By Karen Freifeld (Reuters) - U.S. officials have approved license applications worth hundreds of millions of dollars for China's blacklisted telecom company Huawei to buy chips for its growing auto c...
Aug 24, 2021
Arizona group inks agreement with Taiwan aimed at attracting more chip companies
By Stephen Nellis (Reuters) - An Arizona economic development group on Tuesday said it had made a deal with Taiwanese economic development officials aimed at making the U.S. state more attractive to T...
Aug 24, 2021
Remittance costs key to take-up of Salvadoran bitcoin plan -development bank
By Nelson Renteria and Anthony Esposito SAN SALVADOR (Reuters) - Central American countries are eagerly waiting to see if El Salvador's adoption of bitcoin as parallel legal tender cuts the cost of re...
Aug 24, 2021
Cerebras Systems connects its huge chips to make AI more power-efficient
By Stephen Nellis (Reuters) - Cerebras Systems, the Silicon Valley startup making the world's largest computer chip, said on Tuesday it can now weave together almost 200 of the chips to drastically re...
Aug 24, 2021
Meme stocks soar in late day trading surge, short sellers knocked
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Shares of several retail trading darlings, including AMC Entertainment and GameStop, surged in heavy volume late on Tuesday, on no apparent news, dealing over...
Aug 24, 2021
U.S. near deal for Nvidia supercomputer as it waits for delayed Intel machine -sources
By Stephen Nellis (Reuters) - The U.S. Department of Energy is nearing a deal to purchase a supercomputer made with chips from Nvidia Corp and Advanced Micro Devices Inc as a key lab waits for a large...
Aug 24, 2021
Citi considering bitcoin futures trading for some institutional clients
(Reuters) - Citigroup Inc is considering offering bitcoin futures trading for some institutional clients, a spokesperson for the bank said on Tuesday, citing increased demand in the cryptocurrency spa...
Aug 24, 2021
