Tag Archives: technology
Aurora Innovation plans $600 million private placement, shares fall
(Reuters) - Self-driving technology firm Aurora Innovation said on Tuesday it plans to sell $600 million worth of class A common stock in a private placement, sending the company's shares down more th...
Jul 18, 2023
Twitter again sued over severance pay, bias during layoffs
By Daniel Wiessner (Reuters) - Twitter Inc on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 million in severance pay to ex-workers, the latest in a series of c...
Jul 18, 2023
Adtech firm Aleph withdraws IPO filing
(Reuters) - Aleph Group Inc said on Tuesday it had filed to withdraw its IPO plans, citing "public interest and the protection of investors," more than a year after the digital advertising firm submit...
Jul 18, 2023
Republican lawmakers urge FTC to drop fight against Microsoft deal for Activision
WASHINGTON (Reuters) - Twenty-two Republican lawmakers urged the Federal Trade Commission to drop its fight against Microsoft's deal to buy video game maker Activision Blizzard, calling it "an example...
Jul 18, 2023
ASML to hire 100 researchers leaving Philips
AMSTERDAM (Reuters) - Dutch semiconductor equipment maker ASML will hire 100 researchers who are leaving Philips, the companies said on Tuesday. The hires were first reported by Dutch newspaper Het Fi...
Jul 18, 2023
Canada sees path forward on global digital services tax deal
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) - Canada sees a path forward in reaching international consensus on digital services taxes, and a decision to not back a global agreement on freezin...
Jul 18, 2023
TikTok to perform ‘stress test’ ahead of EU Digital Services Act
BRUSSELS (Reuters) - Chinese-owned social media platform TikTok has voluntarily agreed to a "stress test" to prepare for the European Union's Digital Services Act (DSA), EU industry chief Thierry Bret...
Jul 18, 2023
US economist’s Big Tech experience is good for EU, EU’s Vestager says
BRUSSELS (Reuters) - U.S. economist Fiona Scott Morton's experience from her consulting work for Big Tech, will stand her in good stead in her new job as chief economist at the European Commission, EU...
Jul 18, 2023
TikTok, Warner Music Group to partner in music licensing deal
(Reuters) - Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its social m...
Jul 18, 2023
Meta opens AI model to commercial use, throwing nascent market into flux
By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a po...
Jul 18, 2023
