Tag Archives: technology
Mobileye targets up to $16 billion valuation in U.S. IPO
(Reuters) -Mobileye, Intel's self-driving car unit, targets a valuation of nearly $16 billion in its initial public offering in the United States, a regulatory filing on Tuesday showed. Mobileye's ini...
Oct 18, 2022
Investment in cloud firms plunged 42% in Q3, says venture capitalist Accel
By Supantha Mukherjee STOCKHOLM (Reuters) - The amount of money invested in private cloud-computing companies in Europe, Israel and the United States dropped 42% in the third quarter of 2022, indicati...
Oct 18, 2022
OutThink raises $10 million to track human errors behind data breaches
By Juliette Portala (Reuters) - London-based cybersecurity company OutThink has raised $10 million in early-stage investments backed by venture capital firm AlbionVC, it said on Tuesday, as it looks t...
Oct 18, 2022
Russian court fines Amazon 4 million roubles for failure to delete illegal content
MOSCOW (Reuters) -A Moscow court on Tuesday fined U.S. ecommerce giant Amazon.com Inc a total of 4 million roubles ($65,000) in two separate cases, Interfax reported. Interfax said the court ruled tha...
Oct 18, 2022
Amazon to boost Thailand cloud infrastructure with $5 billion investment
(Reuters) - Amazon Web Services (AWS),the cloud computing division of Amazon.com Inc, said on Monday it plans to invest $5 billion in Thailand over the next 15 years to strengthen its infrastructure i...
Oct 18, 2022
Cryptoverse: Flurry of funds bet on bruised bitcoin’s allure
By Lisa Pauline Mattackal and Medha Singh (Reuters) - A growing number of funds are betting on the long-term appeal of bitcoin and ether, a gritty gambit in the depths of a crypto winter. Unfazed by a...
Oct 18, 2022
Chinese EV giant BYD flags huge jump in quarterly profit, shares surge
(Reuters) -BYD Co, China's biggest electric car maker, said third-quarter net profit likely more than quadrupled due to robust sales and a better product mix, sending its shares surging. It estimated ...
Oct 17, 2022
Taiwan’s Foxconn says wants its customers to sell a lot of EVs
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, said on Tuesday it was not in the business of selling its own electric vehicle brand but wanted its customers to se...
Oct 17, 2022
Intel’s Mobileye IPO eyes significantly lower valuation – report
(Reuters) -Intel Corp is eyeing a valuation that is significantly lower than previously expected for the initial public offering of its self-driving car unit Mobileye, the Wall Street Journal reported...
Oct 17, 2022
Hedge fund Three Arrows being probed by U.S. regulators – Bloomberg News
(Reuters) - Crypto hedge fund Three Arrows Capital (3AC), which filed for bankruptcy in July, is being probed by the Commodity Futures Trading Commission and the Securities and Exchange Commission on ...
Oct 17, 2022
