
Daimler to pay Nokia patent fees, ending German legal spat
Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.

Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.

Private equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc (CLDR.N) private for $4.7billion, the cloud-based data analytics company said on Tuesday.

Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called “insurtech” company that valued the business at $3 billion.

Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

The group behind the SolarWinds (SWI.N) cyber attack identified late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp (MSFT.O) said on Thursday.

Dell Technologies Inc (DELL.N) and HP Inc (HPQ.N) reported quarterly revenue that beat Wall Street estimates on Thursday, as customers continued to shop for personal computers, even as pandemic-led restrictions eased in many parts of the world.

A series of amendments for a $190 billion U.S. Senate bill aimed at countering China’s technology challenge are in limbo after business groups protested proposals intended to ensure that none of the money finds its way to China or other U.S. rivals.

U.S. stocks advanced modestly on Thursday, as data showing improvement in the labor market helped fuel expectations the economy continues to recover and spurred a small rotation towards stocks seen as more likely to benefit from the rebound.

Salesforce.com Inc (CRM.N) raised its full-year forecast for revenue as well as profit, and reported quarterly revenue that beat analysts’ estimates, following increased demand for its cloud-based software due to a pandemic-led shift to remote work.

Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs), two people close to the South Korean automaker told Reuters.

Daimler (DAIGn.DE) has agreed to pay Nokia (NOKIA.HE) for using its patents, ending a row that highlighted a battle between tech and car companies over royalties for key technologies.

Private equity firms KKR & Co (KKR.N) and Clayton Dubilier & Rice LLC (CD&R) will take Cloudera Inc (CLDR.N) private for $4.7billion, the cloud-based data analytics company said on Tuesday.

Digital insurance startup Wefox said on Tuesday it had raised $650 million from investors, in what it called a record-breaking round for a so-called “insurtech” company that valued the business at $3 billion.

Intel Corp’s (INTC.O) CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.

The group behind the SolarWinds (SWI.N) cyber attack identified late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp (MSFT.O) said on Thursday.

Dell Technologies Inc (DELL.N) and HP Inc (HPQ.N) reported quarterly revenue that beat Wall Street estimates on Thursday, as customers continued to shop for personal computers, even as pandemic-led restrictions eased in many parts of the world.

A series of amendments for a $190 billion U.S. Senate bill aimed at countering China’s technology challenge are in limbo after business groups protested proposals intended to ensure that none of the money finds its way to China or other U.S. rivals.

U.S. stocks advanced modestly on Thursday, as data showing improvement in the labor market helped fuel expectations the economy continues to recover and spurred a small rotation towards stocks seen as more likely to benefit from the rebound.

Salesforce.com Inc (CRM.N) raised its full-year forecast for revenue as well as profit, and reported quarterly revenue that beat analysts’ estimates, following increased demand for its cloud-based software due to a pandemic-led shift to remote work.

Hyundai Motor Group will slash the number of combustion engine models in its line-up to free up resources to invest in electric vehicles (EVs), two people close to the South Korean automaker told Reuters.
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