Tag Archives: technology
Bosch to invest $200 million to make fuel cell stacks in South Carolina
(Reuters) - Bosch Group said on Wednesday it will invest more than $200 million to produce fuel cell stacks in its South Carolina facility, as the German auto supplier accelerates its transition to el...
Aug 31, 2022
Startup Gatik to deploy self-driving trucks for Pitney Bowes in Dallas
(Reuters) - Self-driving delivery truck startup Gatik will deploy its Class 6 box trucks for global shipping and mailing firm Pitney Bowes' ecommerce deliveries in Dallas, Texas, the companies said on...
Aug 31, 2022
Toyota triples planned investment to $3.8 billion in U.S. battery plant
By Paul Lienert (Reuters) - Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electri...
Aug 31, 2022
Klarna’s half yearly operating loss rises
STOCKHOLM (Reuters) - Swedish payments company Klarna said on Wednesday its half-yearly operating loss more than tripled weighed down by an increase in employee costs, higher credit losses and continu...
Aug 31, 2022
China’s Netease to buy French video games maker Quantic Dream
PARIS (Reuters) - China's Netease has announced it will take over French video games studio Quantic Dream, which is working on an upcoming Star Wars game. "Quantic Dream, led by David Cage and Guillau...
Aug 31, 2022
ByteDance stock option offering price lowered amid slowing growth -sources
BEIJING (Reuters) -TikTok owner ByteDance is launching a new stock option granting programme for its employees that according to two sources lowers its prices by 20% from the 2021 plan, as the Chinese...
Aug 31, 2022
Tencent, Sony to take stake in “Elden Ring” publisher FromSoftware
TOKYO (Reuters) -Units of Tencent and Sony will take minority stakes in FromSoftware Inc, which publishes hit action role-playing title "Elden Ring" in Japan, via a third-party allotment of new shares...
Aug 31, 2022
Exclusive-JD.com, Yum China among Chinese firms chosen for U.S. audit inspection -sources
By Julie Zhu HONG KONG (Reuters) - U.S. regulators have chosen e-commerce major JD.com Inc and KFC operator Yum China Holdings Inc among other U.S.-listed Chinese companies for audit inspection starti...
Aug 31, 2022
Grab-led GXS rolls out Singapore’s first digital bank
SINGAPORE (Reuters) - GXS Bank, the digital bank joint venture between ride-hailing firm Grab Holdings and Singapore Telecommunications, on Wednesday launched Singapore's first digital bank and bundle...
Aug 31, 2022
TSMC making ‘excellent’ progress with Arizona chip plant, state governor says
TAIPEI (Reuters) - Taiwanese chip maker TSMC is making "excellent" progress building its new plant in Arizona, the governor of the U.S. state said on Wednesday, going on to praise his state's role in ...
Aug 31, 2022
