Tag Archives: technology
Toyota halts production at Czech plant due to parts shortage
PRAGUE (Reuters) - The Czech plant of Japan's Toyota halted production due to a parts shortage caused by a fire at a local supplier, a spokesperson for the carmaker said on Tuesday. "We had to stop pr...
Aug 22, 2023
Exclusive-Northvolt raises $1.2 billion in latest funding round for factory build out – CFO
By Supantha Mukherjee and Simon Jessop STOCKHOLM/LONDON (Reuters) - Swedish lithium-ion battery producer Northvolt has raised $1.2 billion from investors including BlackRock and several Canadian pensi...
Aug 22, 2023
In AI push, Telenor hires Google Cloud’s Amol Phadke as CTO
OSLO (Reuters) - Norwegian telecoms firm Telenor has recruited Google Cloud's Amol Phadke as its new Chief Technology Officer (CTO) to strengthen its AI activities, Telenor said on Tuesday. Phadke mos...
Aug 22, 2023
Facebook owner Meta Platforms seeks to stop privacy breach fine in Norway
OSLO (Reuters) - Meta Platforms will ask a court in Norway on Tuesday to stop a fine the country's data regulator has imposed on the owner of Facebook and Instagram for breaching users' privacy, in a ...
Aug 21, 2023
Coinbase to invest in Circle, shut down jointly managed Centre
(Reuters) - Coinbase Global said on Monday it would acquire an equity stake in cryptocurrency operator Circle Internet Financial and shut down their jointly managed Centre Consortium, the operator of ...
Aug 21, 2023
Exclusive-Healthcare software firm Waystar eyes $8 billion valuation in U.S. IPO-sources
By Echo Wang and David Carnevali (Reuters) - Waystar Inc, a private equity-owned vendor of software that helps hospitals and doctors' practices manage their finances, has tapped banks for an initial p...
Aug 21, 2023
SoftBank-owned Arm reveals revenue fall ahead of blockbuster US IPO
By Manya Saini and Jaiveer Shekhawat (Reuters) -SoftBank-owned chip designer Arm on Monday disclosed a modest 1% fall in annual revenue as it made public the paperwork for a U.S. listing that is expec...
Aug 21, 2023
Zoom forecasts current-quarter profit above estimates
(Reuters) - Zoom Video Communications forecast third-quarter profit above Wall Street estimates on Monday, a positive sign for the company that has tried to overcome a post-pandemic slowdown by offeri...
Aug 21, 2023
Tesla says two ex-employees behind May data breach
(Reuters) - Two former Tesla employees were behind a data breach that compromised personal information of more than 75,000 people including staff, the electric carmaker said in a legal disclosure. Dat...
Aug 21, 2023
Exclusive-Cybersecurity firm SentinelOne explores sale -sources
By Milana Vinn and Anirban Sen NEW YORK (Reuters) - SentinelOne Inc, a cybersecurity company with a market value of $4.2 billion, has been exploring options that could include a sale, according to peo...
Aug 21, 2023
