Tag Archives: technology
Factbox: Linda Yaccarino – the advertising executive Musk picked as new Twitter CEO
(Reuters) - Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter's new CEO, as the company tries to reverse a plunge in ad revenue at the social media platform. Yaccari...
May 12, 2023
Binance will “proactively withdraw” from Canada
(Reuters) - Binance said on Friday it will be joining other prominent crypto businesses in "proactively withdrawing" from the Canadian marketplace. (Reporting by Manya Saini in Bengaluru; Editing by S...
May 12, 2023
EU antitrust regulators extend decision on Broadcom, VMware deal to June 26
BRUSSELS (Reuters) - EU antitrust regulators extended on Friday their deadline for a decision on U.S. chipmaker Broadcom's proposed $61 billion bid for cloud computing firm VMware by three days to Jun...
May 12, 2023
Big Software AG investor further backs Silver Lake bid
MUNICH (Reuters) - Software AG Foundation, the largest shareholder in German business software developer Software AG, said on Friday that it continues to support private equity firm Silver Lake Manage...
May 12, 2023
US set to issue $362 million loan for vehicle wiring production
By David Shepardson WASHINGTON (Reuters) - The U.S. Energy Department on Friday said it intends to loan California startup CelLink $362 million to help finance construction of a U.S. manufacturing fac...
May 12, 2023
Netflix plans to cut spending by $300 million this year – WSJ
(Reuters) - Netflix Inc plans to cut its spending by $300 million this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Company leaders urged staffers to be ju...
May 12, 2023
Montenegro court releases crypto entrepreneur Do Kwon on bail
BELGRADE (Reuters) - A court in Montenegro agreed on Friday to release Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibillion-dollar fraud, on bail of 400,000 euros ($440,320),...
May 12, 2023
US lawmakers seek probe of how Elon Musk’s brain chip venture oversees animal experiments
By Rachael Levy WASHINGTON (Reuters) - U.S. lawmakers will ask regulators to investigate whether the make-up of a panel overseeing animal testing at Elon Musk's brain-chip startup Neuralink contribute...
May 12, 2023
Tesla may gain as Musk’s Twitter distraction to ease
By Akash Sriram (Reuters) - Elon Musk's selection of a new CEO for Twitter may remove a big distraction for the billionaire and allow him to focus more on Tesla Inc, which has been struggling with a d...
May 12, 2023
India starts inquiry into Google app payments antitrust compliance
By Aditya Kalra NEW DELHI (Reuters) -India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the U.S. firm charges for in-app payments breaches an ea...
May 12, 2023
