Uncategorized

Flipkart founder-backed Indian startup launches subsidized electric scooter

BENGALURU (Reuters) – Bengaluru-based startup Ather Energy opened pre-orders for its flagship electric scooters on Tuesday, hoping to build a …read more Source: Reuters Tech News

Caught short by Salesforce, SAP targets ‘front office’ market

LONDON/BERLIN (Reuters) – SAP is unveiling its biggest product makeover in years by rolling up its sales, marketing and customer …read more Source: Reuters Tech News

China launches DRAM chip price probe into Samsung Elec, SK Hynix and Micron

SEOUL (Reuters) – China has launched a probe into Samsung Electronics Co Ltd , SK Hynix Inc and Micron …read more Source: Reuters Tech News

Goldman Sachs backs card issuing, processing startup Marqeta

(Reuters) – Goldman Sachs Group Inc has joined a $45 million investment round in Marqeta, a U.S. fintech company …read more Source: Reuters Tech News

SoftBank’s ARM cedes control of China ops to consortium for $775 million

TOKYO/HONG KONG (Reuters) – British chipmaker Arm Holdings, a unit of SoftBank Group Corp, will cede control of its Chinese …read more Source: Reuters Tech News

Dutch fintech Adyen valued at up to $8.3 billion as investors seek shares

AMSTERDAM (Reuters) – The listing of Adyen, the Dutch firm whose payments processing technology is used by Facebook and Netflix, …read more Source: Reuters Tech News

TSMC head warns of industry risks from U.S., China trade spat

HSINCHU, Taiwan (Reuters) – The outgoing chairman of the world’s biggest contract chip maker warned on Tuesday of the risks …read more Source: Reuters Tech News

Switch to electric cars threatens 75,000 German auto industry jobs

FRANKFURT (Reuters) – The switch to electric cars puts 75,000 engine and gearbox manufacturing jobs at risk, a study commissioned …read more Source: Reuters Tech News

Deep in the Pentagon, a secret AI program to find hidden nuclear missiles

WASHINGTON (Reuters) – The U.S. military is increasing spending on a secret research effort to use artificial intelligence to help …read more Source: Reuters Tech News

Goldman Sachs, KKR invest $360 million in Portugal start-up

LISBON (Reuters) – Portugal’s OutSystems, a low-code application platform, has raised $360 million from Goldman Sachs and U.S. investment firm …read more Source: Reuters Tech News