Tag Archives: technology
Northvolt says ‘believes in Germany’, battery plant talks ongoing
By Victoria Waldersee BERLIN (Reuters) - Northvolt believes in Germany as an industrial location and continues discussions on building a battery plant there, it said on Wednesday amid speculation that...
Jan 18, 2023
U.S. to announce international cryptocurrency action -statement
WASHINGTON (Reuters) - The U.S. Justice Department will "announce a major, international cryptocurrency enforcement action" on Wednesday, it said in a statement, adding the U.S. Treasury Department wi...
Jan 18, 2023
Microsoft to cut 10,000 jobs as tech layoffs intensify
(Reuters) - Microsoft Corp said on Wednesday it would cut 10,000 jobs by the end of the third quarter of fiscal 2023, the latest sign that layoffs were accelerating in the U.S. technology sector as co...
Jan 18, 2023
Fintech Pagaya to lay off 20% of employees
(Reuters) - Financial technology firm Pagaya Technologies Ltd said on Wednesday it was laying off nearly 20% of its employees across its offices in the United States and Israel. Fintech startups have ...
Jan 18, 2023
Spotify joins media firms to urge EU action against Apple’s ‘unfair’ practices
(Reuters) - Music streaming service Spotify Technology, along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair pract...
Jan 18, 2023
Shell unit to acquire EV charging firm Volta for about $169 million
(Reuters) - Volta Inc said on Wednesday that a Shell Plc subsidiary would take over the electric vehicle (EV) charging network operator in an all-cash deal valued at about $169 million. Shell USA Inc ...
Jan 18, 2023
China to launch state-backed transport platform for ride-hailing, trucking
HONG KONG (Reuters) - China will soon launch a state-backed platform for transport which includes services of ride-hailing, cargo trucking, road transport, railway, ferry and flight services, Chinese ...
Jan 18, 2023
Teladoc Health cuts 6% of workforce
(Reuters) - Teladoc Health Inc said on Wednesday it has removed redundant roles and cut about 6% or 300 jobs from its non-clinician global workforce. These job cuts resulted from the combined implemen...
Jan 18, 2023
India considers banning news identified as ‘fake’ by govt on social media
NEW DELHI (Reuters) - India's government will not permit social media platforms to host any information that it identifies as false, according to a draft proposal of the country's IT rules released th...
Jan 18, 2023
Lithuania’s Teltonika in semiconductor deal with Taiwan group
RIGA (Reuters) - Lithuanian tech firm Teltonika said on Wednesday it had signed a cooperation agreement with Taiwan's Industrial Technology Institute, giving the Baltic company access to semiconductor...
Jan 18, 2023
