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Technology

Spotify considering full-length music videos on app – Bloomberg News

BY Reuters  • June 30, 2023June 30, 2023
(Reuters) – Spotify Technology is mulling adding full-length music videos to its app, which could help the music streaming platform compete with TikTok and Alphabet Inc’s YouTube, Bloomber[...]
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Business Europe Technology US

Humane, a startup founded by ex-Apple execs, will use Qualcomm chips

BY Reuters  • June 30, 2023June 30, 2023
By Stephen Nellis (Reuters) – Humane, the startup founded by ex-Apple Inc executives that raised $100 million earlier this year, said on Friday that it will use Qualcomm Inc’s chips in its[...]
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Business Economy Technology US

GM buys Israel-based software startup to detect early battery defects

BY Reuters  • June 30, 2023June 30, 2023
(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems in batteries. GM said Algolion’s software will help the[...]
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Business Middle East Technology US

Cyanide maker Draslovka mulls equity raise to drive new mining technology

BY Reuters  • June 30, 2023June 30, 2023
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners[...]
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Business Canada Economy Europe Technology

UK regulator may refer Adobe’s $20 billion Figma deal to deeper probe

BY Reuters  • June 30, 2023June 30, 2023
(Reuters) -Britain’s competition regulator said on Friday that Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma may be referred to a deeper investigation a[...]
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Business Canada Economy Europe Technology UK Updated US

What could break as interest rates rise?

BY Reuters  • June 30, 2023June 30, 2023
(This June 29 story has been refiled to fix the typo in sub-head to Wagner, not Wager) LONDON (Reuters) – Markets are on the alert to which sectors will buckle under the sharpest jump in interes[...]
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Business Economy Europe Technology Updated US

Power grids not yet ready for ‘flying cars’, says Brazil’s Eve

BY Reuters  • June 30, 2023June 30, 2023
By Gabriel Araujo SAO PAULO (Reuters) – Power grids around the world are not yet ready for the so-called flying car, an executive with Brazilian start-up Eve Air Mobility told Reuters, adding th[...]
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Business Latin America Technology US

Xpeng shares jump as China EV maker prices SUV below Tesla Model Y

BY Reuters  • June 30, 2023June 30, 2023
By Chavi Mehta (Reuters) -Xpeng’s U.S.-listed shares jumped more than 11% on Friday after the electric-car maker priced its latest G6 sport utility vehicle about 20% lower than Tesla’s Mod[...]
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Asia Business Economy Technology Updated

Dutch curb chip equipment exports, drawing Chinese ire

BY Reuters  • June 30, 2023June 30, 2023
By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Friday announced new restrictions on exports of some semiconductor equipment, boosting a U.S.-led drive to curb supplies of high-tech comp[...]
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