Tag Archives: technology
Rivian to relocate staff to Illinois EV plant to accelerate production – WSJ
(Reuters) - Rivian Automotive Inc is relocating parts of its manufacturing engineering team to Illinois to speed up production, the Wall Street Journal reported on Friday, citing a person familiar wit...
Syndicated Content Mar 24, 2023
Lula to seek Chinese semiconductor technology, investment in Beijing
By Lisandra Paraguassu BRASILIA (Reuters) - Brazil will seek Chinese technology and investment to develop a semiconductor industry in the South American country despite U.S. attempts to discourage ass...
Syndicated Content Mar 24, 2023
Analysis-Coinbase, SEC on collision course for ‘existential’ clash over crypto industry
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) - Coinbase debuted on the U.S. stock market on April 14, 2021 - the same day U.S. senators confirmed Gary Gensler to lead the Securities...
Syndicated Content Mar 24, 2023
UK regulator drops some competition concerns in Microsoft-Activision deal
LONDON (Reuters) - Britain's regulator said it no longer believed that Microsoft's $69-billion purchase of "Call of Duty" maker Activision Blizzard would harm competition in relation to the supply of ...
Syndicated Content Mar 24, 2023
Binance halts deposits, withdrawals on glitches in spot trading
(Reuters) -Cryptocurrency exchange Binance has paused deposits and withdrawals on its platform due to issues affecting its spot trading, its Chief Executive Changpeng Zhao said in a tweet on Friday. "...
Syndicated Content Mar 24, 2023
Databricks pushes open-source chatbot as cheaper ChatGPT alternative
By Krystal Hu and Stephen Nellis (Reuters) - Databricks, a San Francisco-based startup last valued at $38 billion, on Friday released open-source code that it said companies could use to create their ...
Syndicated Content Mar 24, 2023
France to ban TikTok on work phones of civil servants -minister
PARIS (Reuters) -France will ban the use of Chinese-owned video-sharing app TikTok on the work phones of civil servants, Civil Service Minister Stanislas Guerini said on his Twitter account. "In order...
Syndicated Content Mar 24, 2023
Venture capitalists race to land next AI deal on Big Tech’s turf
By Krystal Hu and Jeffrey Dastin PALO ALTO, California (Reuters) - In December and January, several venture capitalists from the U.S. and Britain raced to Paris to vie for a stake in a new artificial ...
Syndicated Content Mar 24, 2023
Crypto firm Animoca Brands cuts target for new fund again -sources
By Josh Ye HONG KONG (Reuters) - Hong Kong-based blockchain gaming developer Animoca Brands has cut its target for its so-called metaverse fund by 20% to $800 million, people familiar with the matter ...
Syndicated Content Mar 24, 2023
Chinese smartphone maker Xiaomi’s revenue and profit slides
SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Friday reported a record drop in fourth-quarter revenue as the company weathered a slowdown in consumption and disruptions due to China's CO...
Syndicated Content Mar 24, 2023

