Tag Archives: technology
US finalizes rules to prevent China from benefiting from $52 billion in chips funding
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing subsidies from being used by China and other countries d...
Sep 22, 2023
Toyota to speed up EV production, aims for over 600,000 vehicles in 2025 – Nikkei
TOKYO (Reuters) -Toyota Motor will speed up production of electric vehicles of its Toyota and luxury Lexus brands, the Nikkei newspaper reported on Friday. The Nikkei report said the Japanese automake...
Sep 22, 2023
France’s Eramet and Suez pick Dunkirk for EV battery recycling
PARIS (Reuters) - Eramet and Suez have chosen Dunkirk as the location for a planned electric vehicle (EV) battery recycling facility as the partners look to tap into a battery production belt being de...
Sep 22, 2023
UK says grounds to clear Microsoft’s Activision deal
LONDON (Reuters) - Britain's antitrust regulator on Friday said there were grounds to clear Microsoft's $69 billion acquisition of Call of Duty owner Activision Blizzard. "The CMA now gives notice ......
Sep 22, 2023
India’s Wipro slides after CFO Dalal resigns in latest high-profile exit
BENGALURU (Reuters) -Shares of Wipro slid almost 3% on Friday, a day after long-serving CFO Jatin Dalal resigned in a surprise move, the latest senior level exit at the fourth-largest Indian IT servic...
Sep 22, 2023
Britain says may clear restructured Microsoft-Activision deal
-Britain's antitrust regulator on Friday said Microsoft's restructured acquisition of Activision Blizzard "opens the door" to the deal being cleared. The "Call of Duty" maker had in August agreed to s...
Sep 22, 2023
Apple’s flagship Shanghai store buzzes as iPhone 15 goes on sale
By Nicoco Chan and Yelin Mo SHANGHAI/BEIJING (Reuters) - Over a hundred customers queued inside Apple's flagship store in the Chinese financial hub of Shanghai on Friday, waiting to pick up their iPho...
Sep 22, 2023
Big Pharma bets on AI to speed up clinical trials
By Natalie Grover and Martin Coulter LONDON (Reuters) - Major drugmakers are using artificial intelligence to find patients for clinical trials quickly, or to reduce the number of people needed to tes...
Sep 22, 2023
Vietnam’s VNG Ltd delays $150 million US IPO due to volatile market conditions – source
SYDNEY (Reuters) - Vietnamese internet company VNG Ltd has delayed a $150 million U.S. initial public offering (IPO) due to volatile market conditions, a person with direct knowledge of the matter sai...
Sep 21, 2023
Apple’s iPhone seen gaining market share in India as Pro model demand rises
By Yuvraj Malik (Reuters) - Apple is expected to gain a larger share of India's smartphone sales, with the high-end iPhone 15 Pro and Pro Max models accounting for more of its shipments. The company i...
Sep 21, 2023
