Tag Archives: technology
Stripe cuts internal valuation by 11% – The Information
(Reuters) - Digital payments firm Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, the Information reported on Wednesday. It's at least the third time...
Syndicated Content Jan 11, 2023
Lucid beats lawsuit claiming it defrauded SPAC investors about production outlook
By Jonathan Stempel (Reuters) - Lucid Group Inc on Wednesday won the dismissal of a lawsuit accusing the luxury electric car maker of defrauding investors in the special-purpose acquisition company th...
Syndicated Content Jan 11, 2023
Tesla investors argue Musk can receive fair ‘funding secured’ trial in San Francisco
By Tom Hals (Reuters) - A lawsuit alleging Elon Musk manipulated Tesla Inc's stock in 2018 should go to trial next week and he will be able to find unbiased jurors in San Francisco, despite local anim...
Syndicated Content Jan 11, 2023
S.Korea’s Kakao Entertainment secures $966 million investment from sovereign wealth funds
By Joyce Lee SEOUL (Reuters) -South Korean tech conglomerate Kakao Corp said on Thursday unit Kakao Entertainment secured a 1.2 trillion won ($966.27 million) investment from leading sovereign wealth ...
Syndicated Content Jan 11, 2023
U.S. NTSB chair raises safety concerns about heavy electric vehicles
(Reuters) - U.S. National Transportation Safety Board Chair Jennifer Homendy on Wednesday raised concerns about the increased risk of severe injury and death from heavier electric vehicles on U.S. roa...
Syndicated Content Jan 11, 2023
Alphabet’s health science unit cuts over 200 jobs
(Reuters) - Alphabet Inc's health science unit, Verily Life Sciences, said on Wednesday it had laid off over 200 employees, or about 15% of its workforce, marking the first time in at least six years ...
Syndicated Content Jan 11, 2023
Salvadoran lawmakers pass digital asset issuance law in bitcoin haven
By Nelson Renteria SAN SALVADOR (Reuters) - El Salvador, which became the first country in the world to recognize bitcoin as a legal tender two years ago, approved on Wednesday a law that would regula...
Syndicated Content Jan 11, 2023
Apple may add touch screens to Mac computers – Bloomberg News
(Reuters) -Apple Inc is actively working on adding touch screens to its Mac computers, Bloomberg News reported on Wednesday, citing people familiar with the project. The first touch-screen Mac could b...
Syndicated Content Jan 11, 2023
Twitter says no evidence that data being sold obtained from its systems
(Corrects to replace "by" with "from" in headline) (Reuters) -Twitter Inc said on Wednesday that there was no evidence that data recently being sold was obtained by exploiting a vulnerability of the c...
Syndicated Content Jan 11, 2023
Google parent files redacted motion to dismiss U.S. federal antitrust lawsuit
By Diane Bartz WASHINGTON (Reuters) - Google parent Alphabet filed on Wednesday a redacted version of its motion to dismiss a U.S. government lawsuit against it, which argued that the company broke an...
Syndicated Content Jan 11, 2023

