By Trevor Hunnicutt and Ted Hesson WASHINGTON (Reuters) – The Biden administration will make it easier for Indians to live and work in the United States, using this week’s state visit by Prime Minister Narendra Modi to help some skilled workers enter or remain in the country, according to three people familiar with the matter….
(Reuters) – Telecom Italia is restarting its efforts to sell a minority stake in its enterprise unit, potentially valued at more than 6 billion euros ($6.6 billion), Bloomberg News reported on Thursday, citing people familiar with the matter. The company’s CEO Pietro Labriola started sounding out potential investors about a deal earlier this month by…
(Reuters) -Technology trade groups as well as Alphabet’s Google have griped to the Federal Trade Commission about allegedly unfair business practices in the cloud, including by the industry’s No. 2 by market share Microsoft. The comments, which were due Wednesday, respond to a March request from the U.S. agency for information on security issues and…
(Reuters) – Bitcoin rallied for a third straight day after hitting its highest level since mid-April, boosted by BlackRock’s plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces U.S. regulatory scrutiny. BlackRock, the world’s biggest asset manager, filed last week for the exchange which would allow investors to get stakes in…
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) – Rivian has acquired Swedish EV route planning app maker Iternio to add its technology to its electric pickups and sport utility vehicles, as well use its data to better expand its own charging network, its CEO told Reuters on Wednesday. Rivian CEO RJ Scaringe did…
By Daniel Wiessner (Reuters) – Twitter Inc is facing a lawsuit claiming it failed to pay workers millions of dollars in promised bonuses, adding to a pile of court cases filed since Elon Musk acquired the social media company. Mark Schobinger, who was Twitter’s senior director of compensation and left the company last month, filed…
(Reuters) – Book publisher Simon & Schuster has received a buyout bid from investor Richard Hurowitz, with backing from Abu Dhabi sovereign investor Mubadala Investment Company, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Reuters had in February reported that Paramount Global, the owner of Simon & Schuster, was making…
(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able to reach an agreement with the satellite company and its major stakeholders, Bloomberg News reported on Wednesday citing people familiar with the matter. SES had said in March it was in talks with Intelsat over a possible combination…
OTTAWA (Reuters) – Russia-aligned hackers could seek to disrupt Canada’s powerful oil and natural gas sector, especially since Ottawa is a strong backer of Ukraine, a Canadian spy agency said on Wednesday. The Communications Security Establishment (CSE) signals intelligence agency said Russia had repeatedly deployed destructive cyber attacks against its adversaries as geopolitical crises escalate….
(Reuters) – Intel Corp said on Wednesday its manufacturing business will work like a separate unit and will begin to generate a margin, but gave no clear timeline on when it will start scaling up, sending the chipmaker’s shares down about 5%. The company also did not name a new external customer for the business…
