Tag Archives: technology
CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips
By Krystal Hu (Reuters) - Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone and collateralized by Nvidia chips, with the funds to b...
Aug 03, 2023
Russia fines Apple for not deleting ‘inaccurate’ content on Ukraine conflict
MOSCOW (Reuters) - A Moscow court fined Apple 400,000 roubles ($4,274) on Thursday for not deleting "inaccurate" content about what Russia calls a "special military operation" in Ukraine, Russian news...
Aug 03, 2023
Factbox-Taiwanese giant Foxconn’s growing interest in India
NEW DELHI (Reuters) - Foxconn has rapidly expanded its presence in India by investing in locations in the south of the country for its manufacturing facilities, as the Taiwanese giant seeks to move aw...
Aug 03, 2023
Website creator Wix.com raises 2023 estimates after large Q2 beat
By Steven Scheer JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, swung to a net profit in the second quarter that was more than double forecasts and raised esti...
Aug 03, 2023
India’s license mandate for laptop, tablet imports, in compliance with WTO – source
NEW DELHI (Reuters) - India will impose a licensing requirement for imports of laptops, tablets and personal computers to ensure security of its citizens, a source familiar with the matter told Reuter...
Aug 03, 2023
GM’s Cruise says it’s reached the robotaxi industry’s first union agreements
By Anna Tong (Reuters) - Cruise, General Motors' robotaxi unit, said on Thursday it had signed the driverless car industry's first labor union agreements, a significant milestone as unions and robotax...
Aug 03, 2023
Tesla faces California class action on its EV range claims
(Reuters) - Three Tesla owners in California on Wednesday sued the automaker in a proposed class action that accuses the company of falsely advertising the estimated driving ranges of its electric veh...
Aug 03, 2023
Japan asks X to take down fake account of top FX diplomat as yen weakens
(Corrests to say the fake account had made five, not four, posts to date in paragraph 4) TOKYO (Reuters) - Japan's Ministry of Finance (MOF) warned on Thursday of a fake account for its top currency d...
Aug 03, 2023
China’s Tencent says it is internally testing its ‘Hunyuan’ AI model
By Josh Ye HONG KONG (Reuters) - China's Tencent Holdings said that its self-developed artificial intelligence (AI) model has entered the internal testing stage and is now integrated with multiple int...
Aug 03, 2023
PayPal stock drops after weak second-quarter margins
(Reuters) - Shares of PayPal Holdings fell nearly 9% in premarket trading on Thursday after the digital payments firm reported weak margins for the second quarter that overshadowed a strong outlook. T...
Aug 03, 2023
