BusinessEconomy UK regulator probes Amazon’s planned purchase of iRobot The Cheap InvestorApril 18, 2023April 18, 20230 (Reuters) -Britain’s competition regulator said on Tuesday it has launched a “Phase 1” probe into Amazon.com Inc’s planned $1.7 billion…
AsiaBusiness EU may struggle to catch up with U.S., Asia in chips subsidies race The Cheap InvestorApril 18, 2023April 18, 20230 By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – The European Union agreed a 43-billion-euro ($47 billion) chip subsidies…
BusinessEconomy Microsoft developing its own AI chip – The Information The Cheap InvestorApril 18, 2023April 18, 20230 (Reuters) – Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI…
BusinessEconomy Lordstown Motors resumes production, deliveries after snafu The Cheap InvestorApril 18, 2023April 18, 20230 (Reuters) – Electric-vehicle company Lordstown Motors Corp said on Tuesday production and deliveries of its Endurance electric pick-up truck resumed…
BusinessEconomy BAT and Amazon in Italy probe over tobacco heater advertising The Cheap InvestorApril 18, 2023April 18, 20230 ROME (Reuters) – British American Tobacco and Amazon are under investigation in Italy over what regulators say is potentially misleading…
AsiaBusiness Nissan aims for 80% of model line-up to be electrified by 2030 – exec The Cheap InvestorApril 18, 2023April 18, 20230 TOKYO (Reuters) – Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its…
TechnologyTop News Elon Musk says he will launch rival to Microsoft-backed ChatGPT The Cheap InvestorApril 18, 2023April 18, 20230 By Hyunjoo Jin and Sheila Dang SAN FRANCISCO (Reuters) -Billionaire Elon Musk said on Monday he will launch an artificial…
AsiaBusiness Alphabet shares fall on report Samsung may dump Google Search for Bing The Cheap InvestorApril 18, 2023April 18, 20230 (Reuters) -Alphabet Inc shares fell as much as 4% on Monday following a report South Korea’s Samsung Electronics was considering…
BusinessEnvironment Explainer-What is direct air capture and how can it fight climate change? The Cheap InvestorApril 18, 2023April 18, 20230 LONDON (Reuters) – As the need for climate action intensifies, governments and industries are exploring how to remove carbon dioxide…
AsiaBusiness Exclusive-China Mobile explores acquiring Hong Kong telecom firm HKBN -sources The Cheap InvestorApril 18, 2023April 18, 20230 By Kane Wu and Julie Zhu HONG KONG (Reuters) – State-owned China Mobile Ltd is exploring a buyout of Hong…