Tag Archives: technology
Australia fines Uber $14m for misleading on fares and cancellation fees
SYDNEY (Reuters) -An Australian court fined Uber Technologies Inc A$21 million ($14 million) on Wednesday for threatening cancellation fees it never charged and overstating fare estimates on some ride...
Dec 06, 2022
Maryland governor bans use of TikTok on state devices
By David Shepardson WASHINGTON (Reuters) - Maryland Governor Larry Hogan issued an emergency directive on Tuesday prohibiting the use of Chinese-owned short-video sharing app TikTok on state governmen...
Dec 06, 2022
Pinterest reaches deal with activist Elliott; Steinberg to join board
NEW YORK (Reuters) - Pinterest on Tuesday said it reached a deal with Elliott Management, the activist investment firm that has offered up ideas on how to improve operations at the image sharing and s...
Dec 06, 2022
TSMC expects $10 billion in annual revenue from Arizona fabs
By Jane Lanhee Lee PHOENIX (Reuters) - Taiwanese chipmaker TSMC on Tuesday estimated annual revenue of $10 billion when its two planned chips fabrication plants open in Arizona. TSMC said Tuesday it w...
Dec 06, 2022
Netflix co-CEO yet to see a path to profitability in ‘renting big sports’
(Reuters) -Netflix Inc co-Chief Executive Ted Sarandos on Tuesday said he has yet to see a path to profitability in live sports on the streaming service. Sarandos said the economics of professional sp...
Dec 06, 2022
FTX’s Bankman-Fried hires white collar defense attorney Mark Cohen
By Chris Prentice NEW YORK (Reuters) - FTX founder and former chief executive Sam Bankman-Fried has hired former prosecutor Mark S. Cohen to represent him, as U.S. authorities probe the crypto exchang...
Dec 06, 2022
Most crypto should be regulated as securities, NYSE-owner ICE’s CEO says
By John McCrank NEW YORK (Reuters) -Most cryptocurrencies will likely be regulated under existing securities laws following crypto exchange FTX's collapse, and traditional players like the New York St...
Dec 06, 2022
Apple scales back self-driving car, delays launch to 2026 – Bloomberg News
(Reuters) -Apple Inc has scaled back ambitious self-driving plans for its future electric vehicle and postponed the car's target launch date to 2026, Bloomberg News reported on Tuesday, citing people ...
Dec 06, 2022
EV maker Vinfast plans to file for U.S. IPO
(Reuters) - Vietnam-based electric-vehicle maker VinFast said on Tuesday it plans to file for an initial public offering in the United States and list its ordinary shares on the Nasdaq under ticker sy...
Dec 06, 2022
EU countries’ stance on AI rules draws criticism from lawmaker, consumer group
By Foo Yun Chee BRUSSELS (Reuters) - EU countries on Tuesday agreed a common position on draft artificial intelligence rules ahead of negotiations with EU lawmakers to thrash out the details, but drew...
Dec 06, 2022
