Tag Archives: technology
T-Mobile down for thousands of users in U.S. – Downdetector
(Reuters) - T-Mobile users across the United States reported network outages that prevented several customers from making phone calls or using other cellular services late on Monday, according to outa...
Feb 13, 2023
BYD to build $1.2 billion EV battery plant in central China – website
SHANGHAI (Reuters) - BYD, the world's largest maker of electrified vehicles, plans to invest $1.2 billion to build a new factory for its batteries in China, according to environmental appraisal filing...
Feb 13, 2023
Canada’s Champagne unveils CRTC direction as Rogers-Shaw deal nears final nod
(Reuters) - Canadian Industry Minister Franois-Philippe Champagne said on Monday the country's broadcast and telecommunications regulator would focus on improving competition, affordability and consum...
Feb 13, 2023
Walmart to close three tech hubs – WSJ
(Reuters) - Walmart Inc plans to close three of its U.S. technology hubs and has asked hundreds of workers to relocate to keep their jobs, the Wall Street Journal reported on Monday citing an internal...
Feb 13, 2023
U.S. judge puts SEC, CFTC cases against FTX’s Sam Bankman-Fried on hold
NEW YORK (Reuters) - A U.S. judge on Monday put two regulators' civil lawsuits against Sam Bankman-Fried on hold until the conclusion of the Department of Justice's criminal case against the founder o...
Feb 13, 2023
Boies, co-counsel move to grab control of all private FTX cases
By Alison Frankel (Reuters) - Get ready for a fight over control of private litigation arising from the megabillion-dollar collapse of now-bankrupt crypto exchange FTX - and the legal fees that go wit...
Feb 13, 2023
Amazon CEO doubles down on grocery store business – FT
(Reuters) - Amazon.com Inc Chief Executive Andy Jassy has vowed to double down on the ecommerce giant's struggling grocery store business, the Financial Times reported on Monday. Jassy blamed a lack o...
Feb 13, 2023
Paxos receives U.S. SEC notice over Binance’s stablecoin ‘BUSD’
(Reuters) - Paxos said on Monday it had received a notice from the U.S. Securities and Exchange Commission stating it is considering recommending an action alleging that BUSD is a security and the blo...
Feb 13, 2023
Palantir expects 2023 to be first profitable year, sees AI driving growth
By Chavi Mehta (Reuters) - Palantir Technologies said it expects 2023 to be its first profitable year as the maker of data analytics software benefits from cost cuts and the artificial intelligence bo...
Feb 13, 2023
Biden telecom board nominee says industry out to block her from position
By David Shepardson WASHINGTON (Reuters) - President Joe Biden's pick for a key fifth seat on the Federal Communications Commission will tell lawmakers industry opponents have sought to scuttle her no...
Feb 13, 2023
