By David Shepardson WASHINGTON (Reuters) -U.S. regulators will soon decide on a petition filed by General Motors’ Cruise self-driving technology unit seeking permission to deploy up to 2,500 sel[...]
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Technology
Lucid shares drop as deliveries take hit from Tesla’s price war
By Akash Sriram (Reuters) -Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares of the luxury electric-vehicle maker d[...]
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Broadcom’s $61 billion VMware deal wins conditional EU antitrust OK
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware after offering rem[...]
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Shopify to launch AI assistant for merchants
(Reuters) – Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on its platform, the latest technology company to roll out s[...]
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Microsoft’s $69 billion Activision deal gets US judge go-ahead, UK softens opposition
By Diane Bartz WASHINGTON (Reuters) -Microsoft cleared major hurdles to its plan to buy videogame maker Activision Blizzard on Tuesday, after a U.S. judge gave a thumbs-up to the $69 billion deal and[...]
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India’s Vedanta to enter the chip market this year after Foxconn split
BENGALURU (Reuters) -India’s Vedanta will enter the market for the manufacturing of chips and displays this year, group chairman Anil Agarwal said on Wednesday, days after its joint-venture part[...]
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China’s Huawei poised to overcome US ban with return of 5G phones -research firms
By David Kirton SHENZHEN, China (Reuters) – China’s Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling[...]
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What is Nasdaq’s special rebalancing and its impact?
By Sruthi Shankar and Medha Singh (Reuters) -A “special rebalance” of the Nasdaq 100 index will take place later this month as exchange operator Nasdaq looks to reduce the concentration of[...]
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Cboe exchange to partner with Coinbase on bitcoin market surveillance in ETF push
By John McCrank NEW YORK (Reuters) – Exchange operator Cboe Global Markets on Tuesday filed amended applications to list and trade shares of three spot bitcoin exchange-traded funds, including o[...]
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