Tag Archives: technology
Oracle considers more investment in Israel – Netanyahu
JERUSALEM (Reuters) - Oracle Corp CEO Safra Katz discussed a possible expansion of the company's investment activity in Israel during a meeting on Tuesday with Prime Minister Benjamin Netanyhu, his of...
Jun 20, 2023
Adobe’s $20 billion deal to acquire Figma under threat from EU regulators – FT
(Reuters) -European antitrust regulators are preparing to launch a formal investigation into software giant Adobe's $20 billion buyout deal for cloud-based designer platform Figma later this year, the...
Jun 19, 2023
Medibank’s building manager faces cyberattack, staff details stolen
(Reuters) - Australia's largest private health insurer Medibank Private on Tuesday confirmed that a file containing the names and contact details of certain staff members had been compromised after it...
Jun 19, 2023
Japan’s Suzuki to make ‘flying cars’ with SkyDrive
TOKYO (Reuters) - Japanese automaker Suzuki Motor Corp said on Tuesday it had reached an agreement with SkyDrive Inc to make "flying cars". The companies will use a Suzuki Group factory in central Jap...
Jun 19, 2023
SoftBank’s Son says he is ‘heavy user’ of ChatGPT
TOKYO (Reuters) - SoftBank Group Corp's Chief Executive Masayoshi Son said on Tuesday he is a "heavy user" of ChatGPT, the chatbot from Microsoft Corp backed startup OpenAI. (Reporting by Sam Nussey; ...
Jun 19, 2023
Medtech firm Surgalign files for Chapter 11 bankruptcy
(Reuters) - Beleagured U.S. medical technology company Surgalign Holdings filed for a voluntary Chapter 11 bankruptcy on Monday. Surgalign filed for the bankruptcy with estimated assets and liabilitie...
Jun 19, 2023
‘Netflix Effect’ lifts Korean content but market control worries grow
By Hyunsu Yim SEOUL (Reuters) - When Netflix co-CEO Ted Sarandos visits South Korea this week he will find an entertainment industry that has achieved global fame through hits such as "Squid Game" and...
Jun 19, 2023
Inside China’s underground market for high-end Nvidia AI chips
By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) - Psst! Where can a Chinese buyer purchase top-end Nvidia AI chips in the wake of U.S. sanctions? Visiting the famed Huaqiangb...
Jun 19, 2023
Rocket gives up counteroffer for Software AG, sells stake to Silver Lake
BERLIN (Reuters) - Rocket Software said on Monday it was giving up its counteroffer for Software AG and selling its stake in the company to U.S. financial investor Silver Lake instead. Silver Lake had...
Jun 19, 2023
Sodexo’s voucher unit Pluxee plans tech hiring spree
By Federica Mileo and Diana Mandia (Reuters) - Sodexo's Benefits and Rewards services unit, recently renamed Pluxee, plans to hire about 1,000 people for its technology and data operations in 2024 to ...
Jun 19, 2023
