Category: Enterprise

Tesla considered exporting EVs from Shanghai to U.S and Canada

Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its…

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Cryptos fall as FTX-Binance turmoil spooks market, FXT CEO exploring all options as Binance deal breakdown

FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday. The proposed deal between…

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Crypto Customer Money Disappear, at Least $1 Billion Missing at FTX

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange's founder Sam Bankman-Fried secretly transferred $10…

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Work in Progress to Address Cybersecurity Concerns, Says Singtel After the Optus Cyber Attack

A second Australian business owned by Singapore Telecommunications Ltd. was found to have suffered a cyberattack, compounding the data-security crisis at the company amid the huge data breach at mobile-phone operator Optus.…

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Advanced Micro Devices (AMD) Launches its Latest Data Center CPU

Advanced Micro Devices Inc (AMD.O) launched its latest data center chip on Thursday and said Microsoft Corp's (MSFT.O) Azure, Alphabet-owned (GOOGL.O) Google Cloud and Oracle Corp would be some of its customers. The fourth generation EPYC…

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Germany Blocks Chinese Stake in Two Chipmakers Over Security Concerns

BERLIN (Reuters) --The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological…

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Multichoice Posts Loss in First Half

Multichoice Group said on Thursday it made a loss in the first half due to an upfront investment in services and offerings it made before the soccer World Cup that starts…

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Antitrust Lawsuit Claims Apple, Amazon Colluded to Raise Products Prices

In an antitrust lawsuit on Wednesday the complaint accuses apple and Amazon of conspiring to drive up iPhone and iPad prices by removing nearly all other resellers of new Apple…

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Kippa Secures $8.4 million in funding from Foreign Investors

Kippa, the financial management and payment platform for small businesses in Nigeria secured the sum of $8.4 million in funding during the last seed round. The start-up that provides digital…

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