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Reuters Technology Roundup: Tech firm IQE names GlobalFoundries’ Lemos as CEO

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Tech firm IQE names GlobalFoundries’ Lemos as CEO

British technology firm IQE Plc said on Monday it has appointed New York-based peer GlobalFoundries’ Americo Lemos as its chief executive officer effective Jan. 10, ending a roughly year-long search.

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Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

Tesla’s Musk says Model S Plaid may come to China around March

Tesla Chief Executive Elon Musk said in a tweet on Monday that Model S Plaid will “probably” be coming to China around March.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
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French firm Crypto Blockchain Industries: sells NFT assets linked to DJ star Guetta

French fintech company Crypto Blockchain Industries , whose shares have surged since the company listed on the stock exchange in October, announced on Monday the sale of some NFT (non fungible tokens) linked to French DJ star David Guetta.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
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Prosus group trading profit rose in H1, e-commerce losses widen

Prosus NV reported on Monday that trading profit rose 8% to $2.9 billion for the first half of its fiscal year 2022 as its portfolio of investments in educational technology and food delivery companies grew revenues rapidly.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
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Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

Ericsson to buy cloud firm Vonage for $6.2 bln

Mobile telecoms equipment maker Ericsson said on Monday it had agreed to buy cloud communications firm Vonage for $6.2 billion.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
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Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

S.African tech investor Naspers logs 11% rise in first-half profit

South African technology investor Naspers Ltd said on Monday its first half profit climbed 11%, driven by a large contribution from Chinese internet giant Tencent in which it indirectly holds a 29% stake.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 15
Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

Australian regulator says crypto investors ‘on their own’ for now

Australia’s corporate watchdog said on Monday it was working with lawmakers to develop rules for digital currencies but warned many crypto assets remained unregulated for now, leaving investors in such products “on their own”.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
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Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

Princes to paupers: India’s salesmen face ruin as Ambani targets mom-and-pop stores

For eight straight days, household goods salesman Vipresh Shah has failed to sell a single pack of Dettol soap to the storekeepers who have been buying from him ever since he took over his family business as a teenager, 14 years ago.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 15
Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds

El Salvador plans to build the world’s first “Bitcoin City”, funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday, doubling down on his bet to harness the crypto currency to fuel investment in the Central American country.

Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13
Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 15
Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 13

Activision CEO Kotick would consider leaving if he can’t quickly fix problems – WSJ

The Chief Executive Officer of Activision Blizzard Inc Bobby Kotick has told senior managers at the company that he would consider stepping down if he fails to quickly fix the culture problems at the company, the Wall Street Journal reported on Sunday, quoting people familiar with his comments.

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Reuters Technology Roundup: Tech firm IQE names GlobalFoundries' Lemos as CEO 10
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