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Tech
Chipmaker GlobalFoundries targets valuation of about $25 bln in U.S. IPO
Oct 19 (Reuters) - Chipmaker GlobalFoundries, owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, is aiming for a valuation of about $25 billion in its preliminary…
Siemens-backed energy storage firm Fluence aims to raise $744 mln in U.S. IPO
Oct 19 (Reuters) - Fluence Energy Inc, an energy storage expertise firm backed by business big Siemens AG (SIEGn.DE), mentioned on Tuesday it was aiming to raise up to $744 million…
SoftBank, Amazon, Accel invest $108 mln in banking platform Pismo
SAO PAULO, Oct 19 (Reuters) - Brazilian banking and funds tech platform Pismo raised $108 million in an funding spherical led by Japan's SoftBank Group Corp (9984.T), Amazon.com…
Brazil’s Locaweb mulls U.S. listing
SAO PAULO, Oct 19 (Reuters) - Brazilian expertise firm Locaweb Servicos de Internet SA (LWSA3.SA) mentioned it's mulling a listing within the United States, in line with a…
China-linked hacking group accessing calling records worldwide, CrowdStrike says
SAN FRANCISCO, Oct 19 (Reuters) - A hacking group with suspected ties to China burrowed into cellular phone networks all over the world and used specialised instruments to seize…
Apple to sell fewer iPhones as chip crisis bites, J.P.Morgan says
Oct 19 (Reuters) - J.P.Morgan on Tuesday grew to become the second brokerage in two weeks to minimize its forecast for Apple Inc's (AAPL.O) iPhone gross sales for the essential…
Analysis: Bitcoin futures highlight some pitfalls for new ETFs
SummaryCryotocurrency will get enhance from ETF bitcoin futures launchETF bitcoins could have larger prices Vs shopping for of precise cryptosBut advantages of proudly owning ETFs…
China will prevent platform monopolies and disorderly expansion of capital, Xi says
BEIJING, Oct 19 (Reuters) - China will prevent monopolistic behaviours by web platform firms and the disorderly expansion of capital, state Xinhua News Agency quoted president Xi…
Ericsson plans cut in China ops on Huawei backlash, flags supply chain issues
SummaryChina gross sales fall to three% of complete, vs 11%CFO says reviewing staffing and places of work in mainland ChinaMoves come after Sweden banned Huawei from 5G gearSales…
Tesla quarter may hinge on China manufacturing facility, supply chain costs
SAN FRANCISCO, Oct 19 (Reuters) - Investors will probably be carefully watching Tesla's quarterly outcomes on Wednesday for indications of its efficiency in China, the place the…