Tag Archives: technology
Chip wreck: Nvidia sinks sector after U.S. restricts China sales
By Noel Randewich (Reuters) - U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop ex...
Sep 01, 2022
Singapore’s Sea cuts some Garena unit jobs, shuts projects, sources say
By Josh Ye and Fanny Potkin (Reuters) - Gaming and e-commerce company Sea is putting the brakes on its game livestream platform and shutting projects at its development unit after reporting an almost ...
Sep 01, 2022
Piedmont to build lithium plant in Tennessee for EV market
(Reuters) - Piedmont Lithium Inc said on Thursday it will build a lithium processing plant in Tennessee to supply the rapidly-growing electric vehicle (EV) industry. The move follows a U.S. government...
Sep 01, 2022
Brazil delivery app iFood focusing on growth, not profits, says CEO
By Aluisio Alves SAO PAULO (Reuters) - Brazil's food delivery app iFood will focus on growing its grocery delivery and financial services rather than becoming profitable, the company's president and f...
Sep 01, 2022
Micron to invest $15 billion in new manufacturing unit in Idaho
(Reuters) -Micron Technology Inc said on Thursday it will invest about $15 billion over the next 10 years in a new memory-chip manufacturing facility in Boise, Idaho, where it is based. The investment...
Sep 01, 2022
Twitter tests long-awaited edit button, will roll out to paid subscribers
By Sheila Dang (Reuters) - Twitter Inc is internally testing a widely requested edit button, a feature that will be rolled out to paid subscribers in the coming weeks, the social media company said Th...
Sep 01, 2022
China says automakers must have licences for mapping data in smart cars
SHANGHAI/BEIJING (Reuters) - China has said that automakers must apply for licences to collect geographic data using sensors on their intelligent vehicles, highlighting Beijing's security concerns abo...
Sep 01, 2022
Exclusive-U.S. sought records on Binance CEO for crypto money laundering probe
By Angus Berwick and Tom Wilson LONDON (Reuters) - U.S. federal prosecutors asked Binance, the world's largest cryptocurrency exchange, to provide extensive internal records about its anti-money laund...
Sep 01, 2022
Thailand tightens rules on crypto advertising
BANGKOK (Reuters) - Thailand's Securities and Exchange Commission (SEC) has rolled out new rules on advertising for cryptocurrency companies after the industry has come under greater scrutiny from aut...
Sep 01, 2022
U.S. allows Nvidia to do exports, transfers needed to develop its AI chip
(Reuters) - Nvidia Corp said on Thursday that the U.S. government has allowed exports and in-country transfers needed to develop the company's H100 artificial intelligence chip. The government has als...
Sep 01, 2022
