Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Brazil holds long-awaited 5G spectrum auction, eyeing $8 billion of investments
By Anthony Boadle BRASILIA (Reuters) - Brazil is set to hold its largest-ever cellular auction on Thursday, with local units of America Movil, Telefonica and Telecom Italia vying with a dozen other fi...
Nov 04, 2021
Bird CEO eyes further e-scooter expansion after going public
By Nick Carey (Reuters) - Electric scooter rental company Bird Rides plans to use most of the cash raised from merging with a special purpose acquisition company (SPAC) to expand to new cities and gro...
Nov 04, 2021
Online broker TradeStation to go public via $1.43 billion SPAC deal
(Reuters) - Online broker TradeStation Group said on Thursday it would go public through a merger with a blank-check firm in a deal that values the combined company at about $1.43 billion. The company...
Nov 04, 2021
S.Korea’s SK On to invest $2.5 billion to build new EV battery factory in China -govt media
SEOUL (Reuters) - The battery unit of South Korea's SK Innovation Co Ltd plans to invest $2.53 billion to build a new electric vehicle (EV) battery factory in China, China's local government backed Ya...
Nov 04, 2021
Indian fintech firm Paytm signs up over 100 institutional investors for IPO
BENGALURU (Reuters) - Ant Group-backed fintech firm Paytm said it has allocated shares worth 82.35 billion rupees ($1.11 billion) to more than 100 institutional investors, including the government of ...
Nov 04, 2021
Nintendo cuts full-year Switch sales forecast to 24 million units
TOKYO (Reuters) - Japan's Nintendo Co Ltd on Thursday cut its Switch sales forecast to 24 million units from 25.5 million units previously for the year ending in March, as global chip shortages affect...
Nov 04, 2021
China’s Lenovo posts 65% rise in Q2 profit
SHANGHAI (Reuters) - China's Lenovo Group, the world's biggest maker of personal computers, reported a 65% rise in second-quarter profit on Thursday and said it saw demand for commercial PCs grow at a...
Nov 03, 2021
Google plans to allow third party payments systems in S.Korea
SEOUL (Reuters) -Alphabet's Google said on Thursday it plans to allow third party payments systems in South Korea in order to comply with the country's new law, which bans major app store operators fr...
Nov 03, 2021
Evergrande auto unit plans sale of Protean to EV maker Bedeo – Bloomberg News
(Reuters) - China Evergrande Group's automotive unit is nearing a sale of U.K. startup Protean Electric to e-mobility company Bedeo, Bloomberg News reported on Wednesday, citing people with knowledge ...
Nov 03, 2021
Square investors approve $29 billion buyout of Afterpay
(Reuters) - Square Inc shareholders have approved the issuance of new shares for the U.S. company's $29 billion purchase of Afterpay Ltd, bringing Australia and the buy now, pay later sector's largest...
Nov 03, 2021
