Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China’s EV maker BYD Co raises $1.77 billion – term sheet
By Scott Murdoch HONG KONG (Reuters) -Chinese electric vehicle company BYD Co has priced its shares at HK$276 each to raise $1.77 billon, according to a term sheet seen by Reuters on Saturday. The dea...
Oct 29, 2021
EU countries aiming for common position on tech rules on Nov. 25
By Foo Yun Chee BRUSSELS (Reuters) - EU countries aim to agree on a common negotiating position on two sets of draft rules to curb the powers of U.S. tech giants on Nov. 25, people involved in the dis...
Oct 29, 2021
U.S. House plan would give electric vehicles big boost
By David Shepardson WASHINGTON (Reuters) - A $1.75 trillion Democratic spending proposal could give a big boost to electric vehicles especially to Detroit's Big Three automakers and the U.S. Postal Se...
Oct 29, 2021
GameStop chief operating officer Owens leaves after 7 months
By Svea Herbst-Bayliss (Reuters) - GameStop Corp, the company whose stock became a sensation with day traders this year, said on Friday that Jenna Owens agreed to leave, just seven months after joinin...
Oct 29, 2021
FAA has ‘deep concern’ about 5G network plan on aviation safety — letter
By David Shepardson WASHINGTON (Reuters) - The Federal Aviation Administration (FAA) has raised significant concerns about a plan to use spectrum for 5G wireless networks on aviation safety and is pla...
Oct 29, 2021
Axel Springer to float StepStone in 2022 with valuation of around 7 billion euros – source
MUNICH (Reuters) - German media company Axel Springer is aiming to list its online jobs site StepStone in Frankfurt at a valuation of around 7 billion euros, a person with knowledge of the matter said...
Oct 29, 2021
Online learning firm Udemy valued at $3.7 billion in tepid market debut
(Reuters) - Online learning company Udemy Inc, which has grown rapidly over the past year due to a surge in demand for online learning, was valued at $3.7 billion after its shares opened 7% below offe...
Oct 29, 2021
China’s Pax Global says FBI, Homeland Security raided subsidiary office in Florida
(Reuters) - China's Pax Global Technology Ltd, a point-of-sale device maker, said on Friday that U.S. federal investigators had earlier this week raided its subsidiary's office in Florida, but did not...
Oct 29, 2021
Police raids ‘target’ 12 suspects in ransomware cases – Europol
THE HAGUE (Reuters) - Twelve suspects believed to have mounted ransomware attacks against companies or infrastructure in 71 countries were "targeted" in raids in Ukraine and Switzerland, Europol said ...
Oct 29, 2021
Europe’s EV battery strategy threatened by supply chain gaps, Eramet says
By Gus Trompiz and Gilles Guillaume PARIS (Reuters) - Europe is still not investing enough in the supply chain for electric vehicle batteries and this could leave its planned gigafactories short of co...
Oct 29, 2021
