Tech Archives - Page 1349 of 1385

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Turkey’s Leading Mobility App Looks To Go Public Via SPAC Merger With Galata Acquisition

August 1, 9:10 AM

Callaway Capital-led special purpose acquisition company (SPAC) Galata Acquisition Corp (NYSE:GLTA) agreed to combine with Marti Technologies Inc, Turkey’s leading mobility app. Marti’s…

GLTA

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ON Semiconductor Tops Q2 Backed By Vehicle Electrification, ADAS, Energy Infra, Factory Automation

By Anusuya Lahiri

August 1, 9:02 AM

ON Semiconductor Corp (NASDAQ:ON) reported second-quarter FY22 revenue growth of 25% year-on-year to $2.09 billion, beating the consensus of $2.01 billion.…

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Google Shares Plans To Boost Productivity Amid Uncertainty; Does Not Rule Out Layoffs

By Anusuya Lahiri

August 1, 7:37 AM

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google launched a new effort called “Simplicity Sprint” to drive efficiency and improve employee focus…

GOOG

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News
Tech

The United States is Considering Limiting Shipments of American Chipmaking Equipment to Memory Chip Makers in China; Move Seen to Protect Micron, Western Digital

By Charles Gross

August 1, 6:26 AM

-Reuters https://www.reuters.com/technology/us-considers-crackdown-memory-chip-makers-china-2022-08-01/

FXI

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Li Auto July Deliveries Fall 20% Sequentially, EV Maker Points To Strong Orders For New Smart SUV

By Shanthi Rexaline

August 1, 5:27 AM

Chinese electric vehicle startup Li Auto, Inc. (NASDAQ: LI) reported Monday a month-over-month decline in July deliveries. The company said its Li L9 SUV launched in late June has received positive feedback from customers.

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Nio Could Launch an EV Brand Priced as Low as $15,000, According to 36KR

By Charles Gross

August 1, 5:11 AM

https://36kr.com/p/1847998437707138 (Chinese) https://cnevpost.com/2022/08/01/nio-plans-to-launch-third-brand/ (English)

NIO

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Nio Plans to Open its First Overseas Plant in September to Manufacture Power Products for European Market

By Charles Gross

August 1, 4:46 AM

-Reuters https://www.reuters.com/business/autos-transportation/chinas-nio-make-power-products-europe-its-first-overseas-plant-2022-08-01/

NIO

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Will Alibaba Be Delisted From NYSE? Here’s What The Firm Says

By Bhavik Nair

August 1, 1:35 AM

Alibaba Group Holding Inc. (NYSE: BABA) has said it will continue to monitor market developments, comply with applicable laws and regulations and strive to maintain its listing status on both the New York Stock Exchange (NYSE) and the Hong Kong Stock Exchange.

BABA

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Alibaba Slides 4% On US Delisting Fears, EV Stocks Shoot Up: Key Events Hong Kong Traders Are Watching Today

By Bhavik Nair

July 31, 10:47 PM

Hong Kong’s benchmark Hang Seng Index opened in the red on Monday, losing 0.88%, ahead of the release of China’s Caixin/Markit manufacturing purchasing managers’ index for July.

BABA