Tag Archives: technology
India’s PhonePe raises additional $100 million from General Atlantic
BENGALURU (Reuters) -Walmart Inc-owned Indian payments firm PhonePe on Monday said that it has secured an additional $100 million from private equity firm General Atlantic, in the latest round of its ...
May 22, 2023
Volvo wins record order for electric trucks from Holcim
OSLO (Reuters) -Volvo Trucks said on Monday it has signed a letter of intent to sell 1,000 electric trucks to Swiss building solutions provider Holcim for delivery in the next seven years. "The deal i...
May 22, 2023
Nvidia chips away at Intel, AMD turf in supercomputers
By Stephen Nellis (Reuters) - Nvidia Corp on Monday said it has worked with the U.K.'s University of Bristol to build a new supercomputer using a new Nvidia chip that would compete with Intel Corp and...
May 22, 2023
India’s TCS receives $1.83 billion-worth advance purchase order from BSNL
BENGALURU (Reuters) - Tata Consultancy Services on Monday said it received an advance purchase order valued over 150 billion rupees ($1.83 billion) to deploy a 4G network across the country from India...
May 22, 2023
Analysis-Regulators dust off rule books to tackle generative AI like ChatGPT
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) - As the race to develop more powerful artificial intelligence services like ChatGPT accelerates, some regulators are relying on old...
May 22, 2023
China’s Wuling Motors cuts Mini EV starting prices to as low as 29,800 yuan
BEIJING (Reuters) - China's Wuling Motors has lowered starting prices for its Mini EV electric vehicles to as low as 29,800 yuan ($4,300), the company said on Monday. Some new energy vehicle models sa...
May 21, 2023
Chinese chipmakers’ shares rise after China fails Micron in security review
SHANGHAI (Reuters) - Shares in some Chinese memory chipmaking-related companies opened up on Monday after China failed Micron Technology in a security review. China's cyberspace regulator said on Sund...
May 21, 2023
Samsung, SK Hynix shares rise after China fails U.S. rival Micron in security review
SEOUL (Reuters) -Shares in South Korea's Samsung Electronics and SK Hynix rose in morning trade on Monday after China failed U.S. memory chip rival Micron Technology in a security review. China's cybe...
May 21, 2023
Australia to regulate buy-now-pay-later sector
SYDNEY (Reuters) - The Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product in a bid to protect consumers in a largely ...
May 21, 2023
Tyro Payments ends buyout discussions with Potentia after rejecting A$875 million bid
(Reuters) - Australia's Tyro Payments said on Monday it has ended deal discussions with suitor Potentia Capital, months after the payment terminals firm rejected the private equity group's A$875 milli...
May 21, 2023
