Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Platinum and palladium forecasts slashed after chip shortage hits auto sector: Reuters poll
By Bharat Gautam and Peter Hobson (Reuters) - Analysts and traders have sharply lowered their price forecasts for platinum and palladium after a chip shortage forced auto makers to cut production of v...
Oct 28, 2021
Angry Birds maker Rovio’s third quarter profit jumps
By Milla Nissi (Reuters) - Shares of Finnish game maker Rovio , best known for its Angry Birds franchise, soared on Thursday after the company reported a jump in third-quarter profits boosted by Angry...
Oct 28, 2021
Dogecoin watch out! “Shiba inu” token muscles into cryptocurrency top 10
By Tom Wilson LONDON (Reuters) - Dogecoin, watch out! Meme-based cryptocurrency shiba inu soared more than 45% over the last 24 hours, muscling its way into the top ten largest digital tokens by marke...
Oct 28, 2021
Food tech company Nick’s raises $100 million in funding round
STOCKHOLM (Reuters) - Swedish food tech firm Nick's said on Thursday it had raised $100 million in a funding round led by investment companies Kinnevik, Temasek and Ambrosia Investments. Nick's, which...
Oct 28, 2021
Airtel Africa eyes broadband and mobile money boost after bumper first half
By Duncan Miriri NAIROBI (Reuters) - Airtel Africa expects a boost from growing demand for mobile broadband and phone-based financial services, its chief executive said on Thursday, after posting rapi...
Oct 28, 2021
Chinese electric vehicle maker BYD’s third-quarter profit drops 27.5%
BEIJING (Reuters) -Chinese electric vehicle (EV) maker BYD Co Ltd, which is backed by billionaire Warren Buffett, on Thursday reported a 27.5% drop in third-quarter net profit. BYD made a 1.27 billion...
Oct 28, 2021
Canada’s Shopify misses revenue expectations
(Reuters) - Canada's Shopify Inc's third-quarter revenue fell short of Wall Street estimates, hurt by stiff competition as rivals invest more money to develop their e-commerce platforms. The company's...
Oct 28, 2021
Explainer-High-tech climate solutions that could cut emissions in the long term
By Timothy Gardner WASHINGTON (Reuters) - From replicating the process that fuels the sun to harnessing scorching temperatures deep below our feet, scientists, companies and venture capitalists are be...
Oct 28, 2021
FirstCash to buy fintech AFF in $1.17 billion deal to enter BNPL market
(Reuters) - Pawn store operator FirstCash Inc said on Thursday it will acquire financial technology firm American First Finance Inc (AFF) in a $1.17 billion deal, to enter the buy-now-pay-later busine...
Oct 28, 2021
Volvo Cars hopes downsized IPO can rev up investors’ electric dreams
By Abhinav Ramnarayan and Helena Soderpalm STOCKHOLM (Reuters) - Volvo Cars is hoping investors will buy into its long-term electric vehicle strategy and see past supply chain worries and questions ab...
Oct 28, 2021
