Tag Archives: technology
Thoma Bravo to buy Coupa Software for $6.15 billion
(Reuters) - Private equity firm Thoma Bravo will buy Coupa Software Inc for $6.15 billion in cash, the business software maker said on Monday. Thoma Bravo will pay $81 per share for Coupa, representin...
Dec 12, 2022
EU regulators tweak state aid rules to boost broadband rollout
By Foo Yun Chee BRUSSELS (Reuters) - EU competition regulators have revised state aid rules to make it easier for European Union countries to finance the rollout of fast-speed broadband, key to achiev...
Dec 12, 2022
Exclusive-Hestia seeks to take control of Pitney Bowes board, oust CEO
By Svea Herbst-Bayliss NEW YORK (Reuters) - Hestia Capital Partners LP plans to overhaul the board of shipping and mailing company Pitney Bowes Inc and replace its chief executive and chair, according...
Dec 12, 2022
Robots set their sights on a new job: sewing blue jeans
By Timothy Aeppel (Reuters) - Will a robot ever make your blue jeans? There is a quiet effort underway to find out - involving clothing and technology companies, including Germany's Siemens AG and Lev...
Dec 12, 2022
Wirecard boss’s lawyer calls allegations ‘absurd’ in fraud trial
By Jrn Poltz MUNICH (Reuters) - The former Wirecard CEO Markus Braun began his defence in Germany's biggest post-war fraud trial on Monday, as his lawyer dismissed allegations of wrongdoing at the def...
Dec 12, 2022
Mercedes-Benz Vans plans first electric-only plant in Jawor
(Reuters) - Mercedes-Benz Vans will build its first electric-only vans plant in Jawor, Poland, pending approval of conditions including the sign-off of subsidies for its investment in the country, the...
Dec 12, 2022
Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe
(Reuters) - Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months after the companies entered a partnership to make electric vans in Europe. T...
Dec 12, 2022
India’s Tata Group to open 100 exclusive Apple stores -report
(Reuters) - Indian conglomerate Tata Group-owned Infiniti Retail, which runs the 'Croma' chain of stores, plans to open 100 stores across the country that will only sell Apple Inc products, the Econom...
Dec 11, 2022
China’s rules for “deepfakes” to take effect from Jan. 10
SHANGHAI (Reuters) - China's new rules for content providers that alter facial and voice data will take effect from Jan. 10, its cyberspace regulator said, as it looks to more tightly scrutinize so-ca...
Dec 11, 2022
Australia’s Telstra suffers privacy breach, 132,000 customers impacted
SYDNEY (Reuters) - Australia's largest telecoms firm Telstra Corp Ltd said on Sunday that 132,000 customers were impacted by an internal error that led to disclosure of customer details. Telstra, whic...
Dec 10, 2022
