Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
After Facebook change, Big Tech’s FAANG considers toothless MAANG
By Medha Singh and Ambar Warrick (Reuters) - MAANG? MANGA? Or MAMATA? Facebook's rebranding to Meta Platforms has launched a search for a new name for the high-flying FAANG group that also includes Ap...
Oct 29, 2021
WeWork gets $150 million investment from real estate services firm Cushman & Wakefield
(Reuters) - Real estate services company Cushman & Wakefield said on Friday it had invested $150 million in WeWork Inc, days after the office-sharing firm started trading on the New York Stock Exchang...
Oct 29, 2021
Tencent’s $1.3 billion Sumo deal comes under U.S. security probe
(Reuters) -A U.S. national security panel is investigating Tencent Holdings' $1.27 billion takeover of Sumo Group, the British videogame maker said on Friday, in a possible setback to the Chinese inte...
Oct 29, 2021
Chinese electric vehicle maker BYD launches $1.8 billion capital raising -term sheet
HONG KONG (Reuters) - Chinese electric vehicle company BYD Co is raising up to $1.8 billion in a capital raising launched on Friday, a term sheet seen by Reuters showed. A price range to sell 50 milli...
Oct 29, 2021
High lithium costs start to feed into prices of China EV batteries -BMI
By Pratima Desai LONDON (Reuters) - Soaring costs of materials such as lithium and nickel used to make electric vehicle batteries are starting to feed through into prices of these batteries in China, ...
Oct 29, 2021
Belarus classifies social media channels as ‘extremist’ in new crackdown
(Reuters) - The Belarusian interior ministry on Friday classified three of the country's most popular opposition social media channels as extremist organisations, meaning that people can face up to se...
Oct 29, 2021
Apple set to hand crown of world’s most valuable company to Microsoft
By Subrat Patnaik (Reuters) - Apple Inc is set to lose its crown as the world's most valuable public company to Microsoft Corp if the iPhone maker's shares continue their downward slide when the marke...
Oct 29, 2021
Smartphone made by Google and India’s Reliance Jio to be sold for about $87
BENGALURU (Reuters) -India's Reliance Industries said on Friday the low-cost smartphone made by its Jio telecom business and Alphabet Inc's Google will be available in stores from this festive season ...
Oct 29, 2021
China proposes guidelines on internet platform responsibilities
SHANGHAI (Reuters) - China's market regulator on Friday proposed a long list of responsibilities it said it wanted the country's internet platforms to uphold, in the latest effort by Beijing to establ...
Oct 29, 2021
How Apple is gaining smartphone customers during a chip shortage
By Aniruddha Ghosh and Subrat Patnaik (Reuters) - Apple Inc is eating into its rivals' smartphone market share as the iPhone maker navigates through a global chip crunch better than other mobile phone...
Oct 29, 2021
