Tag Archives: technology
SoFi shares hit 17-month high after Q2 results beat estimates
By Chibuike Oguh NEW YORK (Reuters) -Shares of SoFi Technologies Inc rose by more than 22% on Monday, hitting highest level in more than a year, after the financial services provider reported second q...
Syndicated Content Jul 31, 2023
Apple supplier Foxconn plans $500 million component factories in India – Bloomberg News
(Reuters) -Apple's main supplier, Foxconn Technology Group, is planning to invest close to $500 million to build two component factories in India, Bloomberg News reported on Monday, citing people fami...
Syndicated Content Jul 31, 2023
Crypto firm DCG appoints M&A specialist Mark Shifke as CFO
(Reuters) - Digital Currency Group said on Monday it had appointed Mark Shifke, a former JPMorgan Chase and Goldman Sachs executive, as its chief financial officer. Shifke has almost four decades of e...
Syndicated Content Jul 31, 2023
X reveals reporting structure under Elon Musk, CEO Yaccarino
(Reuters) - X, the social media company formerly known as Twitter, said on Monday that owner Elon Musk will lead the product and engineering teams, while its Chief Executive Linda Yaccarino will lead ...
Syndicated Content Jul 31, 2023
Democrat-led states support Biden in fight over moderating social media content
By Brendan Pierson (Reuters) - A group of Democratic state attorneys general has urged a federal appeals court to lift an order sharply curbing the ability of government officials to push social media...
Syndicated Content Jul 31, 2023
California agency probes automakers data privacy practices
WASHINGTON (Reuters) - A California state agency on Monday said it is reviewing data privacy practices by automakers and related connected vehicle technologies. The California Privacy Protection Agenc...
Syndicated Content Jul 31, 2023
US SEC says Hex crypto founder defrauded investors, spent money on ‘Enigma’ diamond
NEW YORK (Reuters) -The U.S. Securities and Exchange Commission on Monday charged an entrepreneur known as Richard Heart with raising more than $1 billion in three unregistered crypto asset offerings ...
Syndicated Content Jul 31, 2023
Accenture to cut 890 jobs from Irish operations
DUBLIN (Reuters) - Accenture plans to cut around 890 jobs from its Irish operations, representing some 13% of its workforce there, as part of a round of global jobs announced in March, the IT consulti...
Syndicated Content Jul 31, 2023
Stablecoin Tether’s reserves hit record $86.5 billion in Q2
By Elizabeth Howcroft LONDON (Reuters) - The world's largest stablecoin, Tether, said on Monday its assets rose 5.7% to $86.5 billion in the second quarter of 2023, while it made more than $1 billion ...
Syndicated Content Jul 31, 2023
Dell expands ‘Project Helix’ with Nvidia to provide generative AI solutions
(Reuters) - Dell Technologies on Monday launched new generative artificial intelligence (GenAI) solutions in collaboration with Nvidia whose chips enable the technology behind OpenAI's ChatGPT. The to...
Syndicated Content Jul 31, 2023

