Tag Archives: technology
Fintech threat to big banks fizzled in 2022 as rates rose – report
By Hannah Lang (Reuters) - The competitive threat of financial technology companies to big banks diminished over the past year as rising interest rates constricted funding, a new report from Moody's I...
Feb 15, 2023
Adobe will need EU okay to acquire Figma, regulators say
By Foo Yun Chee and Chavi Mehta (Reuters) -Adobe Inc will need to secure European Union antitrust approval for its $20 billion bid for cloud-based designer platform Figma even though the deal falls sh...
Feb 15, 2023
MTN commits to $1 billion Ghana investment after government scraps tax claim
JOHANNESBURG (Reuters) - MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims wort...
Feb 15, 2023
Tesla to halt some China production for upgrades – Bloomberg News
(Reuters) - Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloomberg New...
Feb 15, 2023
EU set to investigate Amazon’s $1.7 billion iRobot deal – FT
(Reuters) - The European Union is set to investigate Amazon.com Inc's $1.7 billion purchase of iRobot Corp, the Financial Times reported on Wednesday. EU regulators have sent the e-commerce giant a se...
Feb 15, 2023
Norwegian payment app Vipps takes on Apple, wants EU antitrust action
By Foo Yun Chee BRUSSELS (Reuters) - Norwegian mobile payment app Vipps wants European Union (EU) antitrust regulators to force Apple to allow access to its tap and go technology without any restricti...
Feb 15, 2023
Rapidus considering building chip factory in Hokkaido, northern Japan-TV Tokyo
TOKYO (Reuters) - Japan's state-backed chip venture Rapidus is considering building a chip factory in Hokkaido, northern Japan, TV Tokyo reported on Wednesday. Rapidus will likely make a formal decisi...
Feb 15, 2023
New Biden EV charger rules stress Made In America, force Tesla changes
By Jarrett Renshaw and Hyunjoo Jin (Reuters) - The Biden administration on Wednesday issued long-awaited final rules on its national electric vehicle charger network that require the chargers to be bu...
Feb 15, 2023
Russia’s Yandex beats FY revenue target after Google pulls advertising
MOSCOW (Reuters) -Russian internet giant Yandex on Wednesday reported a 46% jump in 2022 revenue to 521.7 billion roubles ($7.05 billion), increasing its dominance in online advertising as major compe...
Feb 15, 2023
Tesla to open U.S. charging network to rivals in $7.5 billion federal program -White House
By Hyunjoo Jin and Jarrett Renshaw SAN FRANCISCO (Reuters) - Tesla will open part of its U.S. charging network to electric vehicles (EVs) made by rivals as part of a $7.5 billion federal program to el...
Feb 15, 2023
