Uncategorized

U.S. lawmakers introduce bipartisan bills targeting China’s Huawei and ZTE

A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other …read more Source: Reuters Tech News

Firefly Aerospace is behind Florida rocket project: sources

Firefly Aerospace Inc, a resurgent rocket company founded by a former SpaceX engineer, plans to build a factory and launch …read more Source: Reuters Tech News

IAC sues Tinder co-founder over business documents, escalating court fight

Online dating company Match Group Inc and its owner IAC/InterActiveCorp on Tuesday filed a lawsuit accusing Sean Rad, …read more Source: Reuters Tech News

Yelp’s top investor says shares could surge to $55-$65

SQN Investors LP said on Wednesday Yelp Inc’s shares could surge anywhere between $55 and $65, about 50-80 percent higher …read more Source: Reuters Tech News

Exclusive: India’s e-commerce curbs could hit online sales by $46 billion by 2022 – PwC draft analysis

India’s new foreign investment restrictions for its e-commerce sector, which includes giants such as Amazon.com Inc and Walmart-owned Flipkart, could …read more Source: Reuters Tech News

Infor gets $1.5 billion more in funding ahead of planned IPO

Cloud technology company Infor Inc said on Wednesday it received an investment of $1.5 billion from shareholders Koch Equity Development …read more Source: Reuters Tech News

Infor gets $1.5 billion funding ahead of planned IPO

Cloud technology company Infor Inc said on Wednesday it received an additional investment of $1.5 billion from shareholders Koch Equity …read more Source: Reuters Tech News

Snap shares hit by second CFO exit in a year

Shares of Snap Inc fell 9 percent in early trading on Wednesday after Tim Stone became the second finance …read more Source: Reuters Tech News

Pokemon Go creator Niantic raises $245 million at $4 billion valuation

Pokemon Go creator Niantic Inc said on Wednesday it had raised $245 million in a new round of financing bringing …read more Source: Reuters Tech News

From client to competitor: China’s rise prompts German rethink

As a golden era for its exporters fades, Germany is scrambling to secure its interests in Beijing, but China’s transformation …read more Source: Reuters Tech News