Tag Archives: technology
Munich car show shines spotlight on China competition in EV race
MUNICH (Reuters) - European carmakers must prove their ability to compete with new Asian players in the electric age on everything from product and financial strategy to controlling the supply chain, ...
Syndicated Content Sep 04, 2023
LSE Group draws up plans for blockchain-based digital assets business – FT
(Reuters) - The London Stock Exchange Group has drawn up plans for a new digital markets business to offer extensive trading of traditional financial assets on the blockchain technology known for powe...
Syndicated Content Sep 04, 2023
Tesla China extends delivery time for Model Y Long Range to 6-8 weeks
BEIJING (Reuters) - Tesla China has extended delivery time for its Model Y Long Range to between six and eight weeks, according to its website on Monday. The delivery time for Model Y's two other vers...
Syndicated Content Sep 04, 2023
Mercedes boss: EV costs will remain higher for foreseeable future
MUNICH (Reuters) - The variable costs for producing electric vehicles will remain higher compared to combustion engine models for the foreseeable future, the chief executive of Mercedes-Benz said on S...
Syndicated Content Sep 03, 2023
Exclusive-SoftBank’s Arm to ask for $47 to $51 per share in IPO -source
By Echo Wang NEW YORK (Reuters) - SoftBank Group's chip designer, Arm, is planning to ask investors to pay $47 to $51 for each of its shares when it begins marketing its initial public offering (IPO) ...
Syndicated Content Sep 02, 2023
US FTC wins administrative ruling in deceptive advertising case against Intuit — company
By David Shepardson WASHINGTON (Reuters) - The Federal Trade Commission won an administrative ruling against TurboTax tax software maker Intuit after the commission said the company misled consumers w...
Syndicated Content Sep 01, 2023
Gemini tries to line up other creditors in new Genesis bankruptcy plan -The Information
(Reuters) - Cryptocurrency exchange Gemini is trying to rally other creditors behind a plan to wring more money out of bankrupt crypto lending firm Genesis' parent company, Digital Currency Group (DCG...
Syndicated Content Sep 01, 2023
Exclusive-Arm signs up big tech firms for IPO at $50 billion-$55 billion valuation-sources
By Echo Wang NEW YORK (Reuters) - Customers of Arm Holdings Ltd including Apple Inc, Nvidia Corp, Alphabet Inc and Advanced Micro Devices Inc are set to invest in the chip designer's initial public of...
Syndicated Content Sep 01, 2023
Arm set to target IPO valuation of $50 billion-$55 billion-sources
By Echo Wang NEW YORK (Reuters) - Arm Holdings Ltd is targeting a valuation between $50 billion to $55 billion for its much-awaited initial public offering (IPO), ahead of its roadshow with investors ...
Syndicated Content Sep 01, 2023
Dell shares hit record high after report, forecasts impress with AI in mix
(Reuters) - Shares in Dell Technologies Inc rose 22.2% and hit a record high on Friday after it raised full-year financial forecasts with boosts from artificial intelligence (AI) and stabilizing deman...
Syndicated Content Sep 01, 2023

