BRUSSELS, Feb 21 (Reuters) – Microsoft Corp (MSFT.O) President Brad Smith said on Tuesday the U.S. software giant has agreed to a licensing deal that will bring Activision (ATVI.O) games to Nvidia Corp’s (NVDA.O) gaming platform and hoped that rival Sony Group Corp (6758.T) will consider doing the same. Smith told a news conference he… Continue reading Microsoft president says he has Activision licensing deal with Nvidia, article with image
Category: Uncategorized
Canada December retail sales up 0.5% on autos, seen up 0.7% in January, article with image
Feb 21 (Reuters) – Canadian retail sales rose by 0.5% in December from November at C$62.12 billion ($46.19 billion), on higher sales at motor vehicles and parts dealers, as well as general merchandise stores, Statistics Canada said on Tuesday. Sales were seen to rise by 0.7% in January, the agency said in a flash estimate.… Continue reading Canada December retail sales up 0.5% on autos, seen up 0.7% in January, article with image
Judge to hear final arguments in trial over Musk’s $56 bln Tesla pay, article with gallery
WILMINGTON, Del, Feb 21 (Reuters) – Lawyers for Elon Musk and a Tesla Inc (TSLA.O) investor will make closing arguments on Tuesday in a trial over his $56 billion pay package and whether it fueled the electric carmaker’s growth or improperly subsidized Musk’s dream of one day traveling to Mars. The arguments follow a five-day… Continue reading Judge to hear final arguments in trial over Musk’s $56 bln Tesla pay, article with gallery
Legalcategory
– The New York state court system has withdrawn a COVID vaccine mandate for judges and employees, per a new filing in a lawsuit by a judge who claims he should have been granted a religious exemption. – Another U.S. law firm is expanding into the Mountain West region. Cozen O’Connor announced a new Boulder,… Continue reading Legalcategory
Holiday Inn-owner IHG misses revenue estimates, hikes buyback target, article with image
Summary Companies Full-year revenue $1.84 bln vs analyst expectation $1.89 bln Launched a share buyback worth $750 mln Shares down 1.6% Feb 21 (Reuters) – Holiday Inn owner IHG (IHG.L) missed full-year revenue expectations as it was impacted by COVID-19 curbs in China, while a $750 million share buy-back did little to cushion a drop… Continue reading Holiday Inn-owner IHG misses revenue estimates, hikes buyback target, article with image
China’s Nio to build factory for budget EVs – sources, article with image
SHANGHAI, Feb 21 (Reuters) – Chinese electric vehicle (EV) maker Nio Inc (9866.HK) plans to build a factory in Chuzhou city in the eastern province of Anhui to produce budget EVs under a new brand, said three people with knowledge of the matter. Nio has been planning to launch more affordable EV products under new… Continue reading China’s Nio to build factory for budget EVs – sources, article with image
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
Untitled
BRUSSELS, Feb 21 (Reuters) – Microsoft (MSFT.O) President Brad Smith will on Tuesday seek to convince EU antitrust regulators at a closed hearing that the U.S. software giant’s $69 billion bid for “Call of Duty” maker Activision Blizzard (ATVI.O) will boost competition. Smith will lead a delegation of 18 senior executives, including Microsoft Gaming Chief… Continue reading Untitled
EV maker Nio to build 1,000 battery-swap stations in China in 2023, article with image
SHANGHAI, Feb 21 (Reuters) – Chinese electric vehicle (EV) startup Nio Inc (9866.HK) plans to build 1,000 battery-swapping stations in China in 2023 to bring the total number of such facilities to 2,300 by year-end, its Founder and Chairman William Li said on Tuesday. Nio will build 400 battery-swapping stations along highways and 600 in… Continue reading EV maker Nio to build 1,000 battery-swap stations in China in 2023, article with image
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