TMT

Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

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Musk says activating Starlink, in response to Blinken on internet freedom in Iran

Starlink logo is seen on a smartphone in front of displayed Ukrainian flag in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – SpaceX CEO Elon Musk said on Friday that he would activate the firm’s satellite internet service, Starlink, in response to U.S. Secretary of …

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Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – Tesla (TSLA.O) is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) that it would perform an …

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Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

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Wall St staggers to higher close as Fed rate hike looms

Register now for FREE unlimited access to Reuters.comRegisterMarket sees 22% likelihood of a 100 bps rate hike from Fed -CMERailroad stocks drop amid negotiations to avoid strikeIndexes up: Dow 0.10%, S&P 0.34%, Nasdaq 0.74%NEW YORK, Sept 14 (Reuters) – Wall Street ended a directionless session higher on Wednesday as an on-target inflation report largely stanched …

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Google loses challenge against EU antitrust decision, other probes loom

Register now for FREE unlimited access to Reuters.comRegisterLUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court upheld a ruling that it broke competition rules and fined it a record 4.1 billion euros, in a move that may encourage other regulators to ratchet up pressure on …

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U.S. signs deal with Google to develop chips for researchers

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google to produce chips …

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Twitter whistleblower reveals employees concerned China agent could collect user data

Register now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – Disclosures from a former Twitter Inc (TWTR.N) executive turned whistleblower show that Twitter was informed of at least one Chinese agent working at the social media company, U.S. Senator Chuck Grassley said in his opening remarks during a Senate hearing on Tuesday featuring testimony …

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Google faces $25.4 billion damages claims in UK, Dutch courts over adtech practices

Register now for FREE unlimited access to Reuters.comRegisterBRUSSELS, Sept 13 (Reuters) – Alphabet unit Google (GOOGL.O) will face damages claims for up to 25 billion euros ($25.4 billion) over its digital advertising practices in two suits to be filed in British and Dutch courts in the coming weeks by a law firm on behalf of …

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