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Thursday, May 2, 2024
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Thermo Fisher Scientific to acquire CorEvitas for $912 million

(Reuters) - Thermo Fisher Scientific Inc said on Thursday it would acquire data intelligence company CorEvitas from Audax Private Equity for $912.5 million in cash. Massachusetts-based CorEvitas is a

Meta’s Threads is a true threat to Musk-owned Twitter, analysts say

By Aditya Soni (Reuters) - Meta's Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its

Payments processor FIS to sell stake in merchant unit to GTCR for $11.7 billion

(Reuters) -Fidelity National Information Services is selling a majority stake in its merchant business to private equity firm GTCR, the payments processor said on Thursday, in a deal that will fetch

Metaverse has set off no alarms or need for controls yet – EU’s Vestager

By Foo Yun Chee BRUSSELS (Reuters) -The metaverse, shared virtual worlds accessible through the internet, has not triggered any concerns so far or the need for legislation to rein it in, EU antitrust

US agency seeks updated responses from Tesla in Autopilot probe

WASHINGTON (Reuters) - U.S. auto safety regulators said on Thursday they are seeking updated responses and current data in an ongoing probe into 830,000 Tesla vehicles and the automaker's advanced

FIS to sell stake in merchant business to GTCR in $18.5 billion deal

(Reuters) - Fidelity National Information Services said on Thursday it was selling a majority stake in its Worldpay merchant solutions unit to private equity firm GTCR in a deal that values the unit

US layoffs halve in June as tech job cuts ease – report

(Reuters) - Layoffs in the United States nearly halved in June from a month earlier as job cuts in the technology sector fell, according to data from employment firm Challenger, Gray & Christmas Inc.

Factbox: Companies respond to China’s curbs on gallium and germanium exports

(Reuters) - China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and potentially causing more

Startup e-commerce platform Temu expands to Japan

SHANGHAI (Reuters) - Ultra low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to Japan, marking its first foray into the Asian market.  The marketplace, the sister site of

VW ready to deal with China metal curbs if needed, chipmakers play down fallout

By Ben Blanchard and Jan Schwartz TAIWAN (Reuters) - Volkswagen said it is monitoring the situation on metals markets after China imposed export restrictions on two minor metals used in semiconductors

On Camera

Don’t let anti-vaxxers weaponise AstraZeneca furore. Vaccines are safe—and we are the proof

Vaccines have eliminated two diseases—smallpox in humans and rinderpest in cattle. If they were killing one in 50,000 people, we wouldn’t be rolling them out across the globe for decades.

Strong showing by north, improved compliance — how GST revenue rose to record Rs 2.1 lakh cr in April

While April typically sees highest collections in a financial year, analysts say a host of reasons came together this time to lift total figures.

Army Dental Centre of Research & Referral celebrates silver jubilee

The ADC R&R is dedicated to providing high-quality dental care to soldiers, their families, and veterans.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.