AvatarReutersAvatarAvatarGerman court turns to top European judges for help on Facebook data caseverified_publisherReuters - Matthias InverardiDUESSELDORF (Reuters) - A court in Germany hearing an appeal by Facebook against data curbs imposed by the country's antitrust watchdog said on Wednesday it would seek guidance from the European Court of Justice on the case. The move effectively defers a verdict in the two-year-old court battle and …
AvatarReutersAvatarAvatarFacebook may have to disclose some app records in privacy probe, Massachusetts court rulesverified_publisherReuters - Nate RaymondBOSTON (Reuters) - Massachusetts' top court on Wednesday reversed an order requiring Facebook Inc to turn over to state Attorney General Maura Healey records identifying apps suspected of misusing customer data, but the justices said she ultimately could obtain some materials. The Massachusetts …
AvatarReutersAvatarAvatarTrustpilot shares drop below IPO price a day after market debutverified_publisherReutersLONDON (Reuters) - Shares in online reviews platform Trustpilot dropped 4.7% to 252.6 pence on Wednesday, falling below its IPO price one day after making its stock market debut in London. The British tech company had priced earlier this week its initial public offering (IPO) at 265 pence per share, …
AvatarReutersAvatarAvatarSports retailer Fanatics raises $320 million at $12.8 billion valuation in new funding roundverified_publisherReuters(Reuters) - Fanatics, the world's biggest licensed sports merchandise retailer, raised $320 million in fresh capital in a funding round that valued the company at $12.8 billion, according to sources close to the deal. The funding round, which came months after its last round, was led by private …
AvatarReutersAvatarAvatarSilicon Valley self-driving truck startup Kodiak and China Hesai lidar partner upverified_publisherReuters - Jane Lanhee LeeOAKLAND, Calif (Reuters) - Silicon Valley self-driving truck startup Kodiak Robotics Inc and Shanghai-based lidar maker Hesai Technology Co Ltd on Wednesday announced a partnership to integrate the Chinese lidar into the autonomous trucking system. Laser-based lidar sensors help self-driving cars …
AvatarReutersAvatarAvatarGoogle signs news content deals with Italian publishersverified_publisherReuters - Cristina CarlevaroMILAN (Reuters) - Alphabet Inc's Google has sealed its first licence agreements in Italy with several publishers to offer access to some of their content on the U.S. tech group's Showcase news platform. Google News Showcase is a global product to pay news publishers for their content online and a …
AvatarReutersAvatarAvatarTSMC shares slide, as Taiwan plays down Intel's $20 billion expansion challengeverified_publisherReutersTAIPEI (Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 4% on Wednesday after Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity, even as Taiwan's economy minister sought to downplay the impact. Intel said on Tuesday it will build …
AvatarReutersAvatarAvatarGoogle signs deals with Italian publishers for content on News Showcaseverified_publisherReutersROME (Reuters) - Google signed on Monday a license deal with various Italian publishers to offer news content through News Showcase, a new platform which makes news available on Google's news website, the search giant said on Wednesday. The accord was signed with many national news outlets, …
AvatarReutersAvatarAvatarFintech startup Feedzai valued at $1 billion in KKR-led funding roundverified_publisherReuters - Anna IrreraLONDON (Reuters) - Financial technology group Feedzai said on Wednesday it had raised $200 million in a round led by investment company KKR valuing the startup at more than $1 billion. Existing investors, including Sapphire Ventures and Citi Ventures, also participated in the round, the San Mateo, …
AvatarReutersAvatarAvatarNetwork Outage: How to reconnect in an era of isolationverified_publisherReuters - Chris TaylorNEW YORK (Reuters) - When it comes to interacting during this pandemic, admit it: We all feel a bit like Tom Hanks in the movie “Cast Away”, having conversations with Wilson the volleyball. And that is okay. But eventually – and maybe even right now – we can start rebuilding our networks of social …
AvatarReutersAvatarAvatarSerena Williams-backed SPAC to take printing firm Velo3D public at $1.6 billion valuationverified_publisherReuters(Reuters) -Velo3D Inc will merge with a blank-check company backed by tennis star Serena Williams, in a deal that takes the 3D printing technology venture public at a combined value of $1.6 billion, the companies said on Tuesday. The deal with special purpose acquisition company (SPAC) Jaws Spitfire …
AvatarReutersAvatarAvatarIPO contender UiPath extends automation offering with Cloud Elements buyverified_publisherReutersBERLIN (Reuters) - UiPath, the $35 billion robotic process automation startup tipped as a contender to float on the stock market, said on Tuesday it had acquired U.S. interconnectivity specialist Cloud Elements. The takeover will enable UiPath to offer an enterprise-grade user interface and …