Tag Archives: technology
White House encouraged by interest in Congress to pass Big Tech legislation
WASHINGTON (Reuters) - The White House said on Thursday it was encouraged to see bipartisan interest in Congress to adopt antitrust legislation to address the power of major U.S. tech companies. Biden...
Sep 08, 2022
Analysis-U.S. ban on Nvidia, AMD chips seen boosting Chinese rivals
By Jane Lanhee Lee and Stephen Nellis SAN FRANCISCO (Reuters) - The U.S. ban on exports to China of Nvidia and AMD's flagship artificial intelligence chips will create new business opportunities for d...
Sep 08, 2022
Italy’s TIM gears up to sell minority stake in enterprise service arm – sources
MILAN (Reuters) - Telecom Italia (TIM) is close to kicking off a process to sell a minority stake in its enterprise service arm, two sources close to the matter said, as CEO Pietro Labriola strives to...
Sep 08, 2022
Digital World Acquisition postpones virtual meeting by three hours to find votes
By Svea Herbst-Bayliss BOSTON (Reuters) -Digital World Acquisition Corp, the blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump's social media company, on Thursd...
Sep 08, 2022
Exclusive-Sea’s Shopee shuts operations in Argentina, Chile, Colombia, Mexico- sources
By Fanny Potkin (Reuters) - Sea Ltd's e-commerce arm told employees on Thursday it was shutting down local operations in Chile, Colombia, and Mexico and leaving Argentina entirely, according to three ...
Sep 08, 2022
White House holding roundtable on Big Tech concerns
WASHINGTON (Reuters) - The White House on Thursday is holding a roundtable meeting on a number of technology issues hearing from experts on antitrust, privacy, algorithmic discrimination and other are...
Sep 08, 2022
Mysten Labs valued at over $2 billion after FTX-led funding round
(Reuters) - Mysten Labs, a platform that provides infrastructure to accelerate web3 adoption, raised $300 million in a funding round led by cryptocurrency exchange FTX, valuing the firm at more than $...
Sep 08, 2022
Coinbase backs lawsuit against U.S. Treasury over Tornado Cash sanctions
(Reuters) - Crypto exchange Coinbase on Thursday said it was funding a lawsuit against the U.S. Treasury Department to block sanctions barring Americans from Tornado Cash, a virtual currency mixer acc...
Sep 08, 2022
Social media firms to testify at U.S. Senate Homeland Security hearing
By David Shepardson WASHINGTON (Reuters) - The U.S. Senate Homeland Security and Governmental Affairs Committee will hold a hearing Wednesday with Facebook parent Meta Platforms, Alphabet's YouTube, T...
Sep 08, 2022
Uber partners with Nuro in push for autonomous food, grocery delivery
(Reuters) - Uber Technologies Inc said on Thursday it has partnered with start-up Nuro to test food delivery via unmanned vehicles in some U.S. locations, expanding its tie-ups with companies focused ...
Sep 08, 2022
