Billionaire Jack Ma plans to cede control of China’s Ant Group – WSJ, article with image

Alibaba Group co-founder and executive chairman Jack Ma attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China, September 17, 2018. Picture taken September 17, 2018. REUTERS/Aly Song/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG/BEIJING, July 28 (Reuters) – Chinese billionaire Jack Ma plans to cede control of Ant… Continue reading Billionaire Jack Ma plans to cede control of China’s Ant Group – WSJ, article with image

Chipmaker STMicroelectronics beats estimates, lifts 2022 outlook, article with image

The logo of electronics and semiconductors manufacturer STMIcroelectronics is seen outside a company building in Montrouge, near Paris, France, July 12, 2022. REUTERS/Sarah Meyssonnier Register now for FREE unlimited access to Reuters.com Register STOCKHOLM, July 28 (Reuters) – Franco-Italian chipmaker STMicroelectronics (STM.BN) reported on Thursday second-quarter revenue that exceeded analysts’ expectations, benefiting from strong demand… Continue reading Chipmaker STMicroelectronics beats estimates, lifts 2022 outlook, article with image

Panasonic posts 39% drop in Q1 operating profit, misses estimate, article with image

A man is seen next to a Panasonic logo at Panasonic Center in Tokyo, Japan, February 2, 2017. REUTERS/Kim Kyung-Hoon/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, July 28 (Reuters) – Japan’s Panasonic Holdings Corp (6752.T), whose energy unit supplies batteries to Tesla (TSLA.O), reported a 39% drop in first-quarter profit… Continue reading Panasonic posts 39% drop in Q1 operating profit, misses estimate, article with image

U.S. crypto exchange Kraken suspected of violating sanctions, NYT reports, article with image

The United States flag flies atop the U.S. Treasury Department in Washington November 18, 2008. REUTERS/Jim Bourg Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital… Continue reading U.S. crypto exchange Kraken suspected of violating sanctions, NYT reports, article with image

U.S. probes Tesla crash that killed motorcyclist in Utah

WASHINGTON, July 26 (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said on Tuesday it has opened a special investigation into the crash of a 2020 Tesla Model 3 vehicle that killed a motorcyclist in Utah. The driver of a Tesla in a crash Sunday that fatally injured a motorcycle rider told police the… Continue reading U.S. probes Tesla crash that killed motorcyclist in Utah

Energy

Italy’s gas storage over 70% of capacity – minister Italy has filled over 70% of its gas storage capacity as of July 26, the ecological transition minister said in a meeting of energy ministers in Brussels, in comments confirmed by a spokesperson. Reuters undefined ago Go to Source

Russian-backed separatists in Ukraine block Google search engine, article with image

Broken Ethernet cable is seen in front of Google logo in this illustration taken March 11, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register July 22 (Reuters) – Russian-backed separatists in a breakaway region of eastern Ukraine have blocked access to the search engine Google (GOOGL.O), their leader said on Friday,… Continue reading Russian-backed separatists in Ukraine block Google search engine, article with image

GM, Ford seek U.S. OK to deploy self-driving vehicles without steering wheels

July 20 (Reuters) – General Motors (GM.N) and Ford Motor (F.N) have asked U.S. auto safety regulators to grant exemptions to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals. The National Highway Traffic Safety Administration (NHTSA) on Wednesday published the separate petitions and opened them for public… Continue reading GM, Ford seek U.S. OK to deploy self-driving vehicles without steering wheels

Volkswagen to develop new semiconductor with STMicro amid chip crunch, article with gallery

PARIS/BERLIN, July 20 (Reuters) – Germany’s Volkswagen (VOWG_p.DE) and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry’s supply chain, the companies said on Wednesday. The move illustrates how Volkswagen, Europe’s biggest carmaker, is striving to gain greater control over the supply of chips, found… Continue reading Volkswagen to develop new semiconductor with STMicro amid chip crunch, article with gallery

SkyWater unveils plans to build $1.8 bln chip facility in Indiana, article with gallery

July 20 (Reuters) – U.S. semiconductor manufacturer SkyWater Technology Inc (SKYT.O) on Wednesday announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the state and Purdue University. The announcement comes a day after the U.S. Senate voted to move ahead with a slimmed-down version of a… Continue reading SkyWater unveils plans to build $1.8 bln chip facility in Indiana, article with gallery