Tag Archives: technology
Mirae Asset in talks to help fund Elon Musk’s Twitter deal – source
By Hyunjoo Jin SAN FRANCISCO (Reuters) -South Korea's Mirae Asset Financial Group is planning to commit about 300 billion Korean won ($208 million) to help finance Elon Musk's $44-billion buyout of Tw...
Oct 24, 2022
Meta shareholder wants Facebook parent to cut jobs, spending
(Reuters) - Facebook-parent Meta Platforms Inc needs to streamline by cutting jobs and capital expenditure, its shareholder Altimeter Capital Management said on Monday in an open letter to Chief Execu...
Oct 24, 2022
Google sets up high-tech school at Israeli University
JERUSALEM (Reuters) - Alphabet Inc's Google and Israel's Reichman University have set up a school to train high-tech professionals, offering courses in computer programming, sales and data analysis am...
Oct 24, 2022
Exclusive-SAP delays Russia exit as deal talks fail and workers at risk
By Alexander Marrow and Supantha Mukherjee MOSCOW/STOCKHOLM (Reuters) - SAP will miss its deadline to exit Russia before the end of the year as the German software group has failed to find a buyer for...
Oct 24, 2022
Tel Aviv Stock Exchange to restructure and create crypto platform
JERUSALEM (Reuters) - The Tel Aviv Stock Exchange (TASE) said on Monday it would reshape its ownership structure and also create a blockchain platform to allow more trading of crypto currencies in an ...
Oct 24, 2022
Toyota to produce BYD battery electric car in China
BEIJING (Reuters) - Toyota Motor Corp on Monday announced the launch of a small electric sedan, which will be powered by BYD Co batteries and will be produced and sold in China. The Japanese automaker...
Oct 24, 2022
Former Tinkoff execs raise $16 million for fintech start-up
LONDON (Reuters) - Three former executives at Russian online bank Tinkoff have raised $16 million to launch a fintech start-up focused on Southeast Asia and initially targeting the Philippines, they s...
Oct 24, 2022
China chip imports drop 12.4% year-on-year in September – govt data
By Josh Horwitz SHANGHAI (Reuters) - China's chip imports fell 12.4 percent in September, according to official customs data published on Monday, continuing a decline amid tensions with the United Sta...
Oct 24, 2022
UPS could keep outpacing FedEx as e-commerce delivery market dims
By Lisa Baertlein and Shivansh Tiwary (Reuters) - United Parcel Service investors want to see this week how the delivery giant is managing through the bursting e-commerce delivery bubble better than r...
Oct 24, 2022
Archer Aviation plans to build 250 air taxis in 2025
By Aishwarya Nair (Reuters) - Archer Aviation Inc said it aims to make about 250 battery-electric air taxis in 2025 and scale up production in the following years, after setting a goal of getting its ...
Oct 24, 2022
