(Reuters) – Shopify Technologies Inc on Tuesday launched a new service aimed at big retailers that will allow them to select tools and services the Canadian tech giant offers and integrate it wi[...]
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January 3, 2023
Google alleges India antitrust body copied parts of EU order on Android abuse
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Google has told a tribunal in India that the country’s antitrust investigators copied parts of a European ruling against the U.S.[...]
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Dollar jumps to two-week high, euro slides as German inflation eases
By Samuel Indyk LONDON (Reuters) – The euro was on track for its biggest one-day drop since September as German inflation eased in December, while the dollar rose to a two-week high with focus t[...]
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Tesla deliveries miss estimates due to logistical issues, slowing demand
By Akash Sriram and Baranjot Kaur (Reuters) – Tesla Inc said quarterly deliveries fell short of market estimates on Monday, held back by ongoing logistical issues and growing demand concerns tha[...]
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TikTok-owner ByteDance cuts hundreds of jobs in China – SCMP
(Reuters) – ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments at the end of 2022 as part of a cost-cutting measure, the So[...]
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Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13%[...]
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SpaceX to raise $750 million at $137 billion valuation – CNBC
(Reuters) – Elon Musk’s SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company at $137 billion from investors, including Andreessen Horowitz,[...]
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Morning Bid: The year of the yen?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters. The holidays are over and it’s back to work, so markets are no exceptio[...]
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Bahamas regulator sticks to estimate of FTX assets
(Reuters) – The Securities Commission of the Bahamas (SCB) rebuffed on Monday FTX’s claims about the digital assets of its Bahamas unit held by the regulator, saying the debtors of the ban[...]
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