Month: March 2018

Technology

Tesla’s electric motor shift to spur demand for rare earth neodymium

Reuters News March 12, 2018 0

LONDON (Reuters) - Tesla's shift to a magnetic motor using neodymium in its Model 3 Long Range car adds to pressure on already strained supplies of a rare earth metal that had for years been shunned because of an export ban by top producer China.

Technology

U.S. says Broadcom violated order in process of moving domicile

Reuters News March 12, 2018 0

(Reuters) - Chipmaker Broadcom Ltd violated a U.S. Treasury Department order by not giving sufficient notice to a national security panel of its plans to redomicile in the United States, the Treasury said in a letter to the Singapore-based company.

Technology

Singapore-based Broadcom to redomicile to U.S. by April 3

Reuters News March 12, 2018 0

(Reuters) - Singapore-based Broadcom Ltd said on Monday it expects to redomicile to the United States by April 3, two days before the chipmaker's acquisition target Qualcomm Inc holds its annual shareholder meeting.

Technology

Japan’s Coincheck to start repaying customers Monday after digital money heist

Reuters News March 12, 2018 0

TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist.