REUTERS -China's Full Truck Alliance Co Ltd (FTA) said on Tuesday it is aiming for a valuation of over US$20 billion in its initial public offering in the United States, marking the second major U.S. stock market listing for a Chinese company this year. FTA, which styles itself as...
REUTERS: China's Full Truck Alliance said on Tuesday it is aiming to raise up to US$1.57 billion in its initial public offering in the United States. (Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri)
French President Emmanuel Macron on Tuesday outlined an ambitious push for Europe to create 10 technology giants worth 100 billion euros (US$121.26 billion) each in valuation by 2030, in a bid to rival U.S. companies that dominate the sector.
WASHINGTON: The U.S. Senate voted on Tuesday to confirm Lina Khan, an antitrust researcher who has focused her work on Big Tech's immense market power, to be a commissioner on the Federal Trade Commission. Khan, who teaches at Columbia Law School, is respected by progressive antitrust thinkers ...
REUTERS: While most Americans expect electric vehicles eventually to dominate the nation's roadways, many have greeted the first battery-powered models with skepticism, expressing concerns about the potential costs and inconveniences of owning such vehicles, a Reuters/Ipsos poll showed ...
Nvidia may not be able to meet a March 2022 deadline for closing its US$40 billion acquisition of British chip technology firm Arm due to European regulators' reluctance to consider the case until after the summer holidays, people familiar with the matter told Reuters.
REUTERS: Nvidia Corp may not be able to meet a March 2022 deadline for closing its US$40 billion acquisition of British chip technology firm Arm Ltd due to European regulators' reluctance to consider the case until after the summer holidays, people familiar with the matter told Reuters. Nvidia ......
FRANKFURT: Volkswagen, Europe's largest carmaker, is in talks with suppliers to secure direct access to raw materials for electric vehicle (EV) batteries via partnerships, one of its board members said. Europe's biggest carmaker is trying to extend its control over the industry's supply chain ...
BERKELEY, California: General Motors Co's majority owned Cruise self-driving car subsidiary said on Tuesday it would gain access to a multi-year US$5 billion line of credit with GM's finance arm to finance its purchase of Origin vehicles starting in early 2023. "This bumps up Cruise's total ...
MILAN: Telecom Italia's cloud business Noovle and U.S. technology firm Cisco have sealed a partnership to develop cloud services for companies and public administrations, they said in a statement on Tuesday. The move comes as the Italian government prepares to create a national cloud hub for ...
