Companies Law Firms June 28 (Reuters) – Nissan (7201.T) installed a camera surveillance system at the home of former executive Ashwani Gupta so the automaker’s internal security team could monitor him, according to the preliminary findings of an investigation into the surveillance, two people with knowledge of the report said. Nissan has been investigating a… Continue reading Exclusive: Nissan installed camera to monitor No. 2’s home, sources say
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Exclusive: Top manager at U.S. firm privately sold high-tech in Russia
June 28 (Reuters) – U.S. technology company Extreme Networks Inc said last year it had suspended all business activities in Russia to show solidarity with the people of Ukraine “living under attack.” But Reuters has found that, as the publicly-traded U.S. firm was unwinding its Russia operations, its most senior manager in the region did… Continue reading Exclusive: Top manager at U.S. firm privately sold high-tech in Russia
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SAN FRANCISCO, June 28 (Reuters) – With U.S. antitrust enforcers determined to stop Microsoft (MSFT.O) from buying “Call of Duty” maker Activision Blizzard (ATVI.O), the companies’ two chief executives are expected to testify on Wednesday that the $69 billion deal will be good for gamers and should go forward. The Federal Trade Commission has asked… Continue reading Untitled
China’s EV maker Zeekr opens orders for two luxury cars in Sweden, the Netherlands
June 28 (Reuters) – China’s EV maker Zeekr, a unit of Geely Automobile (0175.HK), said on Wednesday two of its all-electric luxury SUVs are now available for pre-order in the Netherlands and Sweden. Deliveries are set to begin in the autumn, the company added. Zeekr will open its flagship stores in Stockholm and Amsterdam by… Continue reading China’s EV maker Zeekr opens orders for two luxury cars in Sweden, the Netherlands
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June 28 (Reuters) – Bankrupt FTX is moving ahead with efforts to revive its flagship international cryptocurrency exchange, the Wall Street Journal reported on Wednesday citing CEO John Ray. The company “has begun the process of soliciting interested parties to the reboot of the FTX.com exchange,” Ray said, according to the Journal’s report. The failed… Continue reading Untitled
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SAN FRANCISCO, June 27 (Reuters) – Arguing for the government on Tuesday in its legal fight against Microsoft’s (MSFT.O) $69 billion deal to buy game maker Activision Blizzard (ATVI.O), Harvard economist Robin Lee struggled at times to plainly demonstrate how the planned deal would hurt gamers. The U.S. Federal Trade Commission has asked a federal… Continue reading Untitled
Legalcategory
– O’Melveny & Myers asked a Manhattan federal judge to award more than $139 million in legal fees to American Airlines after its $1 trial victory in an antitrust case against Sabre. – Plaintiffs’ lawyers asked for an award of more than $181 million in legal fees as part of a $725 million data… Continue reading Legalcategory
Tesla charging technology put on fast track to become US standard
June 27 (Reuters) – Tesla’s (TSLA.O) electric-vehicle charging technology is being put on a fast track to become a U.S. standard, the automotive industry group of engineers that reviews standards said on Tuesday. Tesla’s charging technology has been gathering momentum for weeks. Volvo on Tuesday joined General Motors (GM.N), Ford (F.N) and Rivian (RIVN.O) in… Continue reading Tesla charging technology put on fast track to become US standard
AI model startup Reka raises $50 mln led by DST Global
June 27 (Reuters) – Reka, an AI model startup founded by former researchers from Alphabet’s DeepMind (GOOGL.O), has raised $50 million in a fresh round of funding from investors including Yuri Milner’s DST Global and Snowflake (SNOW.N), the companies told Reuters. The valuation of the deal was not disclosed. A source familiar with the matter… Continue reading AI model startup Reka raises $50 mln led by DST Global
Technologycategory
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