Tag Archives: technology
China to scrutinize Ford’s EV battery deal with CATL – Bloomberg News
(Reuters) - China will scrutinize Ford Motor Co's latest deal with battery giant CATL to ensure the Chinese company's core technology is not shared with the U.S. automaker, Bloomberg News reported on ...
Feb 16, 2023
Albemarle expects 40% Chinese EV market growth to drive lithium demand
By Ernest Scheyder (Reuters) - Lithium giant Albemarle Corp expects China's electric vehicle (EV) market to grow 40% this year, or at least by 3 million vehicles, boosting demand for the battery metal...
Feb 16, 2023
US issues declaration on responsible use of AI in the military
AMSTERDAM (Reuters) - The U.S. government on Thursday issued a declaration on the responsible use of artficial intelligence (AI) in the military, which would include "human accountability." "We invite...
Feb 16, 2023
DocuSign to lay off 10% of workers in second round of cuts
(Reuters) - Digital document signature product provider DocuSign Inc said on Thursday that it would cut about 10% of its workforce, its second round of layoffs in five months. The company, which has s...
Feb 16, 2023
Indonesia tech firm GoTo expects positive adjusted EBITDA in Q4, 2023
JAKARTA (Reuters) - Indonesia's biggest tech firm PT GoTo Gojek Tokopedia said on Thursday that adjusted EBITDA is expected to turn positive in the last quarter of 2023 due to its cost management meas...
Feb 16, 2023
Battery maker Northvolt in talks to hire IPO banks -sources
By Anirban Sen and Supantha Mukherjee (Reuters) - Northvolt, the Swedish lithium-ion battery producer that counts BMW and Volkswagen among its investors, is close to hiring banks for an initial public...
Feb 16, 2023
Bitcoin hits six-month high as investors warm to risk
LONDON (Reuters) - Bitcoin touched a six-month high on Thursday, swept higher with equities and other relatively risky assets as investors gained confidence in the economic outlook and dismissed conce...
Feb 16, 2023
African online retailer Jumia’s Q4 losses narrow on cost savings
JOHANNESBURG (Reuters) - African e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce fourth quarter losses by 30% from a year earlier, with a further sharp drop ...
Feb 16, 2023
Tesla fires employees in retaliation to union campaign – complaint
(Reuters) - Tesla Inc on Wednesday laid off dozens of employees from its Autopilot department at its Buffalo plant in New York, a day after workers launched a campaign to form a union, according to a ...
Feb 16, 2023
EU’s AI Act faces delay with lawmakers deadlocked after crunch meeting
By Martin Coulter and Supantha Mukherjee LONDON (Reuters) - European Union plans to regulate artificial intelligence (AI) face another stumbling block after lawmakers failed to agree on a basic set of...
Feb 16, 2023
