(Reuters) – Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc (AMZN.O) and No. 2 U.S. automaker Ford Motor Co. (F.N) FILE PHOTO: Rivian introduces all-electric R1S SUV at Los Angeles Auto Show in
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NEW YORK (Reuters) – Marshal Cohen has religiously visited the same stores every holiday season since 1999. FILE PHOTO: Shoppers clutch their Nordstrom bags as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, U.S. November 22, 2019. REUTERS/Mark Makela But rather than snapping up bargains and
HONG KONG (Reuters) – The logistics unit of Chinese e-commerce company JD.com Inc (JD.O) has held early discussions with banks about a potential overseas IPO that could raise $8 billion to $10 billion, two people with direct knowledge of the matter told Reuters. FILE PHOTO: Delivery workers sort parcels next to vehicles of JD Logistics,
FILE PHOTO: Huawei’s first global flagship store is pictured in Shenzhen, Guangdong province, China October 30, 2019. REUTERS/Aly Song/File Photo ROME (Reuters) – Chinese telecoms firm Huawei should be allowed a role in Italy’s future 5G network, the Italian industry minister said on Sunday after an influential parliamentary committee called on Rome to block the
SAN FRANCISCO (Reuters) – Weeks after U.S. authorities brought a spying case against three Saudi nationals for digging up dissidents’ personal data at Twitter, the company suspended tens of thousands of accounts that appear to be linked to one suspect’s company. FILE PHOTO – The Twitter logo is displayed on a screen on the floor
FILE PHOTO: The logo of America Movill is seen on a wall at the company’s corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso BOGOTA (Reuters) – Colombia has awarded bandwidth to three bidders in an auction that raised 5 trillion pesos ($1.5 billion) as part of efforts to improve mobile telephone services
MOSCOW (Reuters) – Shareholders of Yandex, Russia’s biggest technology company, approved changes to its corporate governance on Friday to allow a “golden share” to be held by a new entity, to assuage Kremlin fears about potential foreign influence. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow,
(Reuters) – Many facial recognition systems misidentify people of color more often than white people, according to a U.S. government study released on Thursday that is likely to increase skepticism of technology widely used by law enforcement agencies. FILE PHOTO: People walk past a poster simulating facial recognition software at the Security China 2018 exhibition
FILE PHOTO: The Huawei logo is pictured at the IFA consumer tech fair in Berlin, Germany, September 5, 2019. REUTERS/Hannibal Hanschke/File Photo ROME (Reuters) – An Italian parliamentary security committee said the Rome government should consider preventing Chinese telecommunications firms Huawei and ZTE from supplying 5G technology. In a document submitted to parliament on Dec.
NEW DELHI (Reuters) – Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them out of an estimated $2 billion in orders. FILE PHOTO: A signboard of NTPC (National Thermal Power Corporation Limited) is seen outside its office in Mumbai, India,
BOGOTA (Reuters) – Uber driver Juan Jose is quick to cover his cell phone with the red rag he keeps in his front seat whenever he spots a police officer on the streets of Bogota. FILE PHOTO: The logo of the Colombian on-demand delivery company Rappi is seen in Bogota, Colombia, September 12, 2019. Picture
FILE PHOTO: The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau SYDNEY (Reuters) – Alphabet Inc’s Google has settled a “longstanding” tax dispute with Australia’s tax office, it said on Wednesday, after paying an extra A$481.5 million ($326.75 million)
A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy TOKYO (Reuters) – Toyota Motor Corp plans to first deploy advanced self-driving features in commercial vehicles before adding them to cars meant for personal use, a senior official at the Japanese auto major said on
JERUSALEM (Reuters) – Intel Corp has bought Israel-based artificial intelligence (AI) firm Habana Labs for about $2 billion, the chipmaker said on Monday, seeking to expand its AI portfolio to bolster its data-center business. FILE PHOTO: The Intel logo is shown at E3, the world’s largest video game industry convention in Los Angeles, California, U.S.
FILE PHOTO: A man looks at his phone as he passes by a screen advertising Walt Disney’s streaming service Disney+ in New York City, U.S., November 12, 2019. REUTERS/Brendan McDermid/File Photo PARIS (Reuters) – Walt Disney Co (DIS.N) will launch its Disney+ streaming service on Vivendi SA’s (VIV.PA) pay-TV business Canal+ platform by the end
FILE PHOTO: An Amazon sign is seen at an Amazon logistics centre in Werne, Germany, December 17, 2018. REUTERS/Leon Kuegeler/File Photo BERLIN (Reuters) – Trade union Verdi called for workers at a key Amazon (AMZN.O) logistics centre in Germany to go on strike over the crucial final shopping days before Christmas, demanding better pay and