Uncategorized – Page 145 – I wish I had more to offer

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June 29 (Reuters) – Typeface, a generative AI platform for enterprise content creation, said on Thursday that it was valued at $1 billion after an oversubscribed Series B funding round led by Salesforce’s (CRM.N) global investment arm, bringing the total capital raised to $165 million. The $100 million round also saw participation from Lightspeed Venture… Continue reading Untitled

Toyota’s May global sales jump as parts supply shortage eases

[1/2]People visit the Lexus display during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/Andrew Kelly TOKYO, June 29 (Reuters) – Japanese automaker Toyota Motor (7203.T) on Thursday reported a 10% jump in global sales for May from a year earlier, benefiting from growth at home and other… Continue reading Toyota’s May global sales jump as parts supply shortage eases

Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal

June 28 (Reuters) – Exxon Mobil (XOM.N) has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc (TTI.N), the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal. Exxon’s rapid expansion into the lithium sector comes amid growing interest… Continue reading Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal

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[1/2]Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo June 28 (Reuters) – U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down on the… Continue reading article with gallery

Technologycategory

Mercury Systems rebuffs former CEO’s unusual pay demand U.S. military chip maker Mercury Systems Inc is locked in an unusual dispute with its former chief executive who is demanding a payout, most recently valued at $33 million, because the company tried to sell itself, regulatory filings show. Go to Source

Stellantis puts Michigan plants in ‘critical status’ ahead of union talks

[1/2]2021 Jeep Grand Cherokee L vehicles are seen on the final line at the Detroit Assembly Complex – Mack Plant in Detroit, Michigan, U.S., June 10, 2021. Picture taken June 10, 2021. REUTERS/Rebecca Cook/File Photo June 28 (Reuters) – Carmaker Stellantis will require union employees to work mandatory overtime at its Warren Truck assembly and… Continue reading Stellantis puts Michigan plants in ‘critical status’ ahead of union talks

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June 28 (Reuters) – Apple’s (AAPL.O) stock climbed to an intra-day record high on Wednesday, and was on the cusp of ending the session for the first time with a market capitalization above $3 trillion. The iPhone maker’s shares rose as much as 1% to $189.90, their highest ever. With the stock last trading off… Continue reading Untitled

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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June 28 (Reuters) – Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic environment, BlackRock Investment Institute said, citing a current rally that is concentrated in a handful of technology stocks. “S&P 500 gains have become increasingly concentrated in a handful of tech stocks, surpassing levels… Continue reading Untitled