TECH

Bankman-Fried’s FTX says no talks to acquire Robinhood

The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, US, July 29, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 27 (Reuters) – Sam Bankman-Fried’s FTX crypto exchange said it is not in talks to acquire …

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FDA Announces Ban Of Juul E-Cigarettes From US Market

The federal agency officially prohibited Juul products from further sale this Thursday. Electronic cigarette company Juul will no longer sell its products on store shelves. The United States Food and Drug Administration officially issued “marketing denial orders” to Juul Labs, Inc. This Thursday, meaning that US retailers must remove all current stock and are prohibited …

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Celsius Network hires advisors to prepare for potential bankruptcy – WSJ

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register June 24 (Reuters) – Celsius Network LLC has hired restructuring consultants from advisory firm Alvarez & Marsal to advise on a possible bankruptcy filing, the Wall Street …

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Video reveals 12,000 mile tall plasma tornado from the Sun

A giant swirling vortex of plasma has been captured shooting from the Sun. The mind-blowing footage shows a solar twister that’s the equivalent of a burning hot 12,000-mile tall tornado. The stunning video was captured by astronomer Apollo Lasky. According to SpaceWeather.com, Lasky captured the solar twister on June 21. The ejection was said to …

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Amazon Alexa will be able to mimic deceased loved ones’ voices

The company announced on Wednesday during its annual re:MARS conference, which focuses on artificial intelligence innovation, that it’s working on an update to its Alexa system that would allow the technology to mimic any voice, even a deceased family member. In a video shown on stage, Amazon †AMZN† demonstrated how, instead of Alexa’s signature voice …

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Musk says Tesla’s new car factories ‘losing billions of dollars’

San Francisco, June 22 (Reuters) – Tesla Inc’s (TSLA.O) new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, Chief Executive Elon Musk said recently. “Both Berlin and Austin factories are gigantic money furnaces right now. Okay? …

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Toyota cuts July global production plan by 50,000 vehicles

The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – Toyota Motor Corp (7203.T) on Wednesday cut its July global production plan by 50,000 vehicles …

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Swedish court upholds ban on Huawei sale of 5G gear

STOCKHOLM, June 22 (Reuters) – A Swedish appeals court on Wednesday upheld a ruling by a lower court that banned Huawei (HWT.UL) from selling 5G equipment in the country, in the latest setback to the Chinese telecoms company’s hopes of staging a comeback. In 2020, Swedish telecom regulator PTS unexpectedly banned Huawei from supplying 5G …

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Diablo Immortal: NetEase delays release in China

The Chinese gaming company delayed the launch of a widely anticipated video game in mainland China this week after one of its social media accounts was blocked for allegedly making a politically sensitive comment. “Diablo Immortal,” which was slated to be released on Thursday, has been postponed until further notice, according to an announcement on …

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