Category Archives:
Palantir sees upbeat fourth-quarter revenue on U.S. govt business strength
By Chavi Mehta (Reuters) - Palantir Technologies Inc on Monday posted a 22% rise in its quarterly revenue and forecast a better-than-expected fourth-quarter revenue due to renewal and expansion of U.S...
Nov 07, 2022
Lidar firms Ouster, Velodyne to merge in all-stock deal
(Reuters) - Lidar makers Ouster Inc and Velodyne Lidar Inc said on Monday they would merge in an all-stock deal, forming a company with a combined market capitalization of about $400 million. Velodyne...
Nov 07, 2022
Taiwan to invest 10 million euros towards chip production in Lithuania
By Andrius Sytas VILNIUS (Reuters) - Taiwan, the world's biggest supplier of semiconductors, will invest more than 10 million euros ($9.98 million) towards chip production in Lithuania, the head of th...
Nov 07, 2022
EU wants Airbnb, rivals to share bookings data with authorities
By Foo Yun Chee BRUSSELS (Reuters) - Airbnb and other short-term home rental companies will have to share data on the number of people using their platforms under proposed EU rules, the European Commi...
Nov 07, 2022
Japanese consortium submits 2.2 trln yen Toshiba bid, Nikkei reports
TOKYO (Reuters) -A consortium of more than 10 Japanese companies, led by the Japan Industrial Partners investment fund, has submitted a bid to buy Toshiba Corp for about 2.2 trillion yen ($15.01 billi...
Nov 07, 2022
Airbnb changes price display on app after customer complaints
(Reuters) - Airbnb Inc's chief executive tweeted on Monday that the vacation rental company would make changes in the way it displays prices on its platform after it faced customer complaints. "I've h...
Nov 07, 2022
Russia’s Prigozhin admits interfering in U.S. elections
LONDON (Reuters) - Russian businessman Yevgeny Prigozhin said on Monday he had interfered in U.S. elections and would continue doing so in future, the first such admission from a figure who has been f...
Nov 07, 2022
Factbox-Strikes, protests in Europe over cost of living and pay
(Reuters) - European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some industrial actions and demonstrations. BRITAIN * Nurses ...
Nov 07, 2022
Canada’s Ritchie Bros to buy IAA in $7.3 billion deal
(Reuters) -Canadian equipment marketplace Ritchie Bros Auctioneers Inc said on Monday it would buy IAA Inc in a cash-and-stock deal valued at about $7.3 billion including debt. The purchase price of $...
Nov 07, 2022
U.S. Supreme Court considers making challenges to FTC and SEC easier
By Andrew Chung and Nate Raymond WASHINGTON (Reuters) - The U.S. Supreme Court is set on Monday to hear arguments in two cases that could make it easier to challenge the regulatory power of federal ag...
Nov 07, 2022
Peoria, IL, USA
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