Tag Archives: technology
Tesla misses quarterly revenue estimates; shares slump
(Reuters) -Tesla Inc missed Wall Street estimates for third-quarter revenue on Wednesday as the electric carmaker led by billionaire Elon Musk delivered fewer vehicles than expected. Tesla shares slum...
Oct 19, 2022
South Africa moves to regulate crypto assets
JOHANNESBURG (Reuters) - South Africa's financial watchdog has classified cryptocurrency assets as financial products, a notice in the government gazette said on Wednesday, enabling them to be regulat...
Oct 19, 2022
Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
By Sheila Dang and Katie Paul (Reuters) - When Snap Inc kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue growth acros...
Oct 19, 2022
SpaceX rolls out Starlink internet service for private jets
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX is expanding its satellite internet unit's foray into in-flight WiFi services with the rollout on Wednesday of Starlink Aviation, offering cu...
Oct 19, 2022
Automakers need more time to meet U.S. minerals requirements for EVs -execs
By Ben Klayman DETROIT (Reuters) - U.S. legislators need to give automakers operating in the United States more time to achieve the required sourcing levels of battery minerals used in electric vehicl...
Oct 19, 2022
JPMorgan-backed digital bank C6 to open Brazil branch network
By Aluisio Alves SO PAULO (Reuters) - Brazilian lender C6 Bank is set to open its first five brick-and-mortar branches in the country in the next few weeks, an executive has revealed, enhancing the co...
Oct 19, 2022
Russian lawmaker urges WhatsApp ban for state employees
By Alexander Marrow MOSCOW (Reuters) - A Russian lawmaker on Wednesday urged state institutions to stop using WhatsApp messenger and the industry ministry sought to promote domestically produced softw...
Oct 19, 2022
BMW investing $1.7 billion to build electric vehicles in U.S
By David Shepardson SPARTANBURG, South Carolina (Reuters) - BMW AG said on Wednesday it will invest $1.7 billion to build electric vehicles in the United States, the latest announcement from major aut...
Oct 19, 2022
Mexican buy now, pay later app Nelo lands $100 million credit line
By Kylie Madry MEXICO CITY (Reuters) - Mexican "buy now, pay later" application Nelo has received a $100 million credit facility from U.S. private equity firm Victory Park Capital, which it will use t...
Oct 19, 2022
Slovakia’s InoBat intends to build electric vehicle battery factory in Spain
MADRID (Reuters) - Slovakia's battery manufacturer InoBat said on Wednesday it had signed a declaration of intent with the Spanish government to set up an electric vehicle battery factory in the city ...
Oct 19, 2022
