SHANGHAI (Reuters) – As China’s ‘tech war’ escalates, investors are betting on China’s efforts to replace U.S. technologies with domestic applications to run state-owned networks. PHOTO PHOTO: Chinese and American flags fluttering at The Bund, before US trade delegation meets Chinese counterparts for talks in Shanghai, China July 30, 2019. …
Read More »Exclusive: Amazon in talks to invest in cloud service company Rackspace, say sources
(Reuters) – Amazon.com Inc. is in preliminary talks to invest in U.S. cloud service provider Rackspace Technology Inc., people familiar with the discussion said Monday. PHILO PHOTO: Signage seen at an Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly The deal …
Read More »Tech driven ‘everything is amazing’ rally looks unstoppable
LONDON (Reuters) – Today’s $ 72 trillion investor question: To buy or not to buy in global equities? Despite inflated stock prices, politics and the pandemic, the answer of many is a resounding “yes.” FILE PHOTO: Apple logo displayed in the Apple Store at The Marche Saint Germain in Paris, …
Read More »Amazon to help Toyota build cloud-based data services
Signature seen at Amazon facility in Bethpage on Long Island, New York, USA, March 17, 2020. REUTERS / Andrew Kelly (Reuters) – Amazon.com Inc’s (AMZN.O) Cloud Computing Unit will be the Japanese Toyota Motor Corp (7203.T) build a platform to help manage and monetize data collected from the automaker’s global …
Read More »CureVac does not rule out rapid approval of COVID-19 vaccine
FILEFOTO: An employee of the German biopharmaceutical company CureVac, demonstrates research into a vaccine for coronavirus (COVID-19) at a laboratory in Tuebingen, Germany, March 12, 2020. REUTERS / Andreas Gebert FRANKFURT (Reuters) – German biotechnology company CureVac does not rule out a speedy approval process for its prospective vaccine against …
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