By Sam Tobin and Paul Sandle LONDON (Reuters) -Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision Blizzard was formally paused by […]
U.S. chip lobby presses Biden to refrain from further China curbs
By Stephen Nellis, Karen Freifeld and Andrea Shalal (Reuters) – The U.S.-based Semiconductor Industry Association trade group on Monday called on the Biden administration to […]
Space investments stay flat in Q2 as market shows signs of stabilization – report
By Akash Sriram (Reuters) – Investments in space startups stayed flat in the second quarter, a positive sign for a sector that faced a funding […]
Tesla sues Australia’s Cap-XX over EV battery technology
By Blake Brittain (Reuters) – Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle […]
Yellen does not see recession in U.S. – Bloomberg interview
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and […]
Fisker to sell limited edition electric SUVs in India by fourth quarter
(Reuters) – U.S. startup Fisker said on Monday it would produce 100 limited edition electric sports utility vehicles (SUVs) for the Indian market and expects […]
Microsoft says Chinese hackers used code flaw to steal emails from US agencies
By Raphael Satter WASHINGTON (Reuters) -Microsoft said on Friday that Chinese hackers misappropriated one of its digital keys and used a flaw in the company’s […]
Tesla discounts set to power quarterly revenue growth, hit profit
By Akash Sriram (Reuters) – Tesla’s strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters […]
Elon Musk says Twitter’s cash flow still negative as ad revenue drops 50%
By Jahnavi Nidumolu and Krystal Hu (Reuters) -Twitter’s cash flow remains negative because of a nearly 50% drop in advertising revenue and a heavy debt […]
Global rules leave crypto firms with no place to hide, says G20 watchdog
By Huw Jones LONDON (Reuters) – Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen […]