Tag Archives: technology
Explainer-U.S. starts process to restrict some investment in key tech in China
By Andrea Shalal and Karen Freifeld WASHINGTON (Reuters) - The White House on Wednesday announced plans to prohibit some U.S. investments in certain sensitive technologies in China, and require that t...
Syndicated Content Aug 09, 2023
Exclusive-Private equity firm STG nears $1.4 billion deal for Avid Technology -sources
By Milana Vinn and Anirban Sen NEW YORK (Reuters) - Private equity firm Symphony Technology Group (STG) is nearing a deal to acquire media editing software maker Avid Technology Inc for close to $1.4 ...
Syndicated Content Aug 09, 2023
Aptiv expects semiconductor prices to remain high
(Reuters) - Aptiv PLC does not expect semiconductor prices to cool off in the near future, the auto parts supplier said on Wednesday. Even though supply-chain challenges are easing, prices of certain ...
Syndicated Content Aug 09, 2023
Congresswoman Waters ‘deeply concerned’ about PayPal’s stablecoin launch
(Reuters) - Democrat Congresswoman Maxine Waters said on Wednesday she was "deeply concerned" about payment giant PayPal launching its own stablecoin in the absence of a federal framework to regulate ...
Syndicated Content Aug 09, 2023
Verizon to raise prices again
(Reuters) - Verizon Communications is raising prices on some of its wireless plans as the No. 1 U.S. telecom firm by subscribers looks to boost revenue growth after a post-pandemic slowdown. Customers...
Syndicated Content Aug 09, 2023
White House launches AI-based contest to secure government systems from hacks
By Zeba Siddiqui SAN FRANCISCO (Reuters) - The White House on Wednesday said it had launched a multimillion-dollar cyber contest to spur use of artificial intelligence (AI) to find and fix security fl...
Syndicated Content Aug 09, 2023
US Supreme Court refuses Epic bid to let App Store order take effect in Apple case
By Andrew Chung (Reuters) -The U.S. Supreme Court on Wednesday dealt a setback to Epic Games, maker of the popular video game "Fortnite," in its legal battle against Apple, declining to let a federal ...
Syndicated Content Aug 09, 2023
2025 Escalade IQ joins Cadillac’s growing all-electric family
By Paul Lienert (Reuters) -General Motors' Cadillac brand formally unveiled its all-new 2025 Escalade IQ, a full-size electric SUV that is being pitched as a companion to the $340,000 Cadillac Celesti...
Syndicated Content Aug 09, 2023
Israeli fintech Vesttoo names new interim CEO
JERUSALEM (Reuters) -Israeli fintech company Vesttoo said on Wednesday it named Ami Barlev as interim chief executive officer, replacing Yaniv Bertele, who was in charge during a fake collateral scand...
Syndicated Content Aug 09, 2023
GM still struggling to build EVs, sees margin growth ahead for Cruise-CFO
(Reuters) - General Motors is still struggling to ramp up production of electric vehicles, a top executive said on Wednesday. Speaking at a J.P. Morgan investor conference, GM Chief Financial Officer ...
Syndicated Content Aug 09, 2023

