Tag Archives: technology
Didi suspends UK launch plans amid China’s crackdown on tech firms -Telegraph
(Reuters) - China's ride-hailing giant Didi Global Inc has suspended its plans to launch in Britain and continental Europe, The Telegraph reported on Monday, against the backdrop of a regulatory backl...
Aug 23, 2021
Sensor maker Velodyne’s founder calls for chairman’s resignation
(Reuters) - Velodyne Lidar Inc's founder David Hall on Monday called on Chairman Michael Dee to resign from the sensor maker's board, blaming him for a steep fall in the company's stock price. "Dee ha...
Aug 23, 2021
ISS backs Box directors in proxy fight with Starboard
By Svea Herbst-Bayliss BOSTON (Reuters) - Proxy advisory firm Institutional Shareholder Services on Monday backed cloud storage vendor Box Inc in its fight with activist investor Starboard Value by re...
Aug 23, 2021
Crypto platform Poly Network says hacked funds returned
HONG KONG (Reuters) - Cryptocurrency platform Poly Network said on Monday that almost all of the $610 million stolen this month in one of the biggest crypto heists had now been returned by the unknown...
Aug 23, 2021
Ethiopia to build local rival to Facebook, other platforms
ADDIS ABABA (Reuters) - Ethiopia has begun developing its own social media platform to rival Facebook, Twitter and Whatsapp, though it does not plan to block the global services, the state communicati...
Aug 23, 2021
Finland’s Nokia wins 5G order for three European markets
(Reuters) - Finnish telecom gear maker Nokia said on Monday it had won a 5G network order from A1 Telekom Austria Group for operations in Bulgaria, Serbia, and Slovenia. "The multi-country single vend...
Aug 23, 2021
JD.com beats estimates for adjusted profit on boost from partnership deals
(Reuters) -China's JD.com Inc on Monday beat analysts' expectations for quarterly adjusted profit, as its partnership with global brands such as Louis Vuitton-owned LVMH helped it attract more shopper...
Aug 23, 2021
Synopsys design software uses AI to make chips more power efficient
By Stephen Nellis (Reuters) - Synopsys Inc said on Monday one of its customers used artificial intelligence software to get a 26% gain in the power efficiency of a computer chip, a leap that usually h...
Aug 23, 2021
A secret weapon for self-driving car startups: Humans
By Hyunjoo Jin FREMONT, Calif. (Reuters) - Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past year, with an additional featu...
Aug 23, 2021
India court gives police three weeks to conclude Paytm ownership probe
By Abhirup Roy and Aditya Kalra NEW DELHI (Reuters) - An Indian court on Monday has given police three weeks to conclude an investigation into claims from a former Paytm director who said he co-founde...
Aug 23, 2021
