JERUSALEM, Nov 15 (Reuters) – Israeli digital health firm AEYE Health said on Tuesday it received clearance from the U.S. Food and Drug Administration (FDA) to market its screening system to detect damage to the retina of the eyes in diabetics. Screening diabetics for retinopathy, […]
TECH08
Twitter lays off staff as Musk blames activists for ‘massive’ ad revenue drop
Musk looking to axe around half of Twitter’s workforce Employees file class action against Twitter Staff lose access to systems Volkswagen pulls ads Nov 4 (Reuters) – Twitter Inc started a major round of layoffs on Friday, alerting employees of their job status by email […]
Musk begins his Twitter ownership with firings, declares the ‘bird is freed’
Musk says the “bird is freed” after $44 billion deal Musk fires Twitter CEO, CFO, legal affairs and policy chief Some Twitter users flag willingness to walk away Oct 28 (Reuters) – Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal efficiency, firing […]
Israel’s Trigo raises $100 mln to expand autonomous shopping technology
JERUSALEM, Oct 26 (Reuters) – Israel’s Trigo said on Wednesday it raised $100 million in a private funding round to ramp up deployment for its technology that allows customers to shop without having to wait in line at a store’s checkout. The round was led […]
Meta says it will challenge $175 mln patent verdict over video technology
REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Summary Companies Law firms Walkie-talkie app maker said Meta copied tech for Facebook Live Jury found Meta violated video-streaming, messaging patents (Reuters) – Facebook parent Meta Platforms Inc said it will appeal a nearly […]
Tesla shares slip as 3-1 stock split kicks in
Aug 25 (Reuters) – Tesla Inc’s (TSLA.O) shares slipped on Thursday as a three-for-one stock split announced by the world’s most valuable automaker to woo retail investors took effect. Shares of the electric-car maker, led by Elon Musk, opened at $302 and dipped to $293 […]
Wall St ends tumultuous week with strong rally as rate hike fears wane
Banks have biggest percent gain in 18 months Citigroup jumps after results S&P, Dow end five-day losing streaks Retail sales beats estimates Indexes up: Dow 2.15%, S&P 1.92%, Nasdaq 1.79% NEW YORK, July 15 (Reuters) – U.S. stocks closed sharply higher on Friday, ending several […]
Schumer plans classified briefing for U.S. senators on chips, technology
U.S. Senate Majority Leader Chuck Schumer (D-NY) looks at his notes as another Democrat senator speaks to reporters following the Senate Democrats weekly policy lunch at the U.S. Capitol in Washington, U.S., May 10, 2022. REUTERS/Elizabeth Frantz Register now for FREE unlimited access to Reuters.com […]
Google ordered to pay Australian politician over defamatory YouTube videos
SYDNEY, June 6 (Reuters) – An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its failure to take down a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory campaign” of videos drove him out of politics. The Federal Court found […]
Crypto meltdown deepens as stablecoin Tether drops below dollar peg
HONG KONG / LONDON, May 12 (Reuters) – The meltdown in TerraUSD, one of the world’s largest stablecoins, sent shockwaves through cryptocurrency markets on Thursday, pushing another stablecoin Tether below its dollar peg and sending bitcoin to 16-month lows. Cryptocurrencies have been swept up in […]