Tag Archives: technology
US lawmakers considering changes to TikTok bill -senator
ARLINGTON, Virginia (Reuters) - The chair of the Senate Intelligence Committee who has cosponsored legislation to give the Biden administration new powers to ban Chinese-owned TikTok said on Monday th...
Jul 10, 2023
Meta’s Facebook, Instagram, Whatsapp down for thousands of users – Downdetector.com
(Reuters) - Thousands of U.S. users across Meta Platforms' social media offerings Instagram and Facebook, and messaging app WhatsApp reported outages on Monday, according to Downdetector.com. As many ...
Jul 10, 2023
Japan to give Sumco $530 million to boost wafer capacity – Nikkei
TOKYO (Reuters) - Japan will give Sumco Corp, a major producer of silicon wafers, a subsidy of up to 75 billion yen ($530 million) to fund additional capacity as part of efforts to bolster the country...
Jul 10, 2023
Market heavyweights dip ahead of Nasdaq 100 rebalance
(Reuters) - Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to address the benchmark's "overconcentration." Ap...
Jul 10, 2023
Uber CFO Nelson Chai plans to step down – Bloomberg News
(Reuters) - Uber Technologies Chief Financial Officer Nelson Chai is planning to leave the ride-hailing company, Bloomberg News reported on Monday, citing people familiar with the matter. Chai informe...
Jul 10, 2023
Global hedge funds shine in June, driven by AI -HFR
NEW YORK (Reuters) - Global hedge funds posted gains of 2.2% in June, as artificial intelligence-related stocks surged and the banking crisis eased, data provider HFR said on Monday. In the first half...
Jul 10, 2023
1st Source says data compromised in MOVEit data breach
(Reuters) - Financing firm 1st Source Corp said on Monday a third party gained access to data of its commercial and individual clients as part of the security breach involving popular file transfer to...
Jul 10, 2023
Rivian options buyers may be helping drive stock higher
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped the electric veh...
Jul 10, 2023
US requests stay on order that restricted Biden officials from contacting social media firms
WASHINGTON (Reuters) - The U.S. Justice Department on Monday requested that a federal appeals court put a stay on a lower court's order that restricted some agencies and officials of President Joe Bid...
Jul 10, 2023
Yellen says US, China want to ‘stabilize’ relationship
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said she believes the United States and China want to stabilize their economic ties with "candor" and "respect." Yellen told NPR's Marketpla...
Jul 10, 2023
