Tag Archives: technology
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) - Electric vehicles may not reach cost parity with internal combustion engine vehicles until after 2030, Ford Chief Executive Jim Farley said on Wednesday...
May 31, 2023
Dutch gov’t introduces ‘investment screening’ for sensitive tech
By Toby Sterling AMSTERDAM (Reuters) - A Dutch law giving the government power to review foreign technology investments and block takeovers on national security grounds is set to go into effect this w...
May 31, 2023
EU’s Vestager sees draft code of conduct on AI within weeks
LULEA, Sweden (Reuters) - European Union tech chief Margrethe Vestager said she believed a draft voluntary code of conduct for generative AI could be drawn up "within the next weeks", with a final pro...
May 31, 2023
HP Enterprise shares fall as dull forecast fuels fears of slowing demand
By Samrhitha A (Reuters) - Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster revenue forecast fanned worries of a slowdown in cloud spending this year. The c...
May 31, 2023
German family-owned Schmid Group aims for SPAC listing on NYSE
By Emma-Victoria Farr FRANKFURT (Reuters) - Germany's Schmid Group, a technology firm specialising in electronics, said on Wednesday it plans to list in New York via a special purpose acquisition comp...
May 31, 2023
Canada to set up cyber security certification for defence contractors – minister
OTTAWA (Reuters) -Canada will work with the United States to draft a cyber security certification framework for defence contractors that will be identical for both countries as incidents of malicious ...
May 31, 2023
AI boom triples valuation of Lightmatter, US startup using light for computing
By Jane Lanhee Lee OAKLAND, California (Reuters) - Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday it raised $154 million and tripled its valuation as customers in ...
May 31, 2023
Advance Auto Parts cuts full-year profit guidance as costs weigh
(Reuters) - Advance Auto Parts Inc lowered its full-year profit outlook on Wednesday on the back of elevated costs, sending the auto parts retailer's shares down 24% before the opening bell. High raw ...
May 31, 2023
EU tech chief calls for voluntary AI code of conduct within months
By Philip Blenkinsop LULEA, Sweden (Reuters) - The United States and European Union should push the artificial intelligence (AI) industry to adopt a voluntary code of conduct within months to provide ...
May 31, 2023
India to launch electronics repair pilot project
BENGALURU (Reuters) - India is launching a pilot project aimed at stimulating its electronics repair outsourcing industry by relaxing some import-export rules and environmental laws, the country's IT ...
May 31, 2023
