Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Chipmaker GlobalFoundries prices IPO at upper end to raise $2.6 billion
By Anirban Sen, Krystal Hu and Echo Wang (Reuters) -Chipmaker GlobalFoundries Inc said on Wednesday it sold shares in its initial public offering (IPO) at $47 a piece, at the higher end of its targete...
Oct 27, 2021
El Salvador adds nearly $25 million in bitcoin to state coffers, says president
SAN SALVADOR (Reuters) - The Salvadoran government acquired 420 more bitcoin on Wednesday, President Nayib Bukele announced on social media, as the Central American doubled down on its splashy cryptoc...
Oct 27, 2021
U.S. SEC will not greenlight leveraged bitcoin fund – WSJ
(Reuters) - The U.S. Securities and Exchange Commission (SEC) has asked at least one asset manager to scrap plans for a leveraged bitcoin exchange-traded fund, the Wall Street Journal reported on Wedn...
Oct 27, 2021
Microsoft nearly overtakes Apple as most valuable company
(Reuters) - A surge in Microsoft Corp's shares nearly unseated Apple Inc as the world's most valuable company on Wednesday, a day before the iPhone maker reports its quarterly results. Fueled by stron...
Oct 27, 2021
Telecom Italia cuts 2021 core profit goal on home market weakness
MILAN (Reuters) - Telecom Italia (TIM), Italy's largest telecoms company, on Wednesday said it had further cut its 2021 core profit guidance to reflect worsening market conditions. It said its board h...
Oct 27, 2021
Vivendi committed to TIM despite disappointing results -source
MILAN (Reuters) - Telecom Italia's (TIM) top investor Vivendi is committed to supporting Italy's biggest telecoms group despite its disappointing financial results, a source close to the French media ...
Oct 27, 2021
SEC says music streaming firm reaches $38.8 million settlement in fraud action
(Reuters) - The U.S. Securities and Exchange Commission announced on Wednesday a $38.8 million settlement of charges against Akazoo, a purported music streaming business based in Greece, for allegedly...
Oct 27, 2021
Brazil’s Nubank, last valued at $30 billion, files for U.S. IPO
By Niket Nishant and Carolina Mandl (Reuters) -Brazilian fintech Nubank, which was valued at $30 billion in a recent funding round led by Warren Buffett's Berkshire Hathaway, has filed for an initial ...
Oct 27, 2021
EBay revenue outlook disappoints as pandemic-led boom fades
(Reuters) -EBay Inc on Wednesday projected holiday-quarter revenue below market expectations, another sign that the online shopping boom fueled by the pandemic was tapering as consumers returned to st...
Oct 27, 2021
Brazil could collect up to 3 billion reais via 5G auction, says regulatory official
SAO PAULO (Reuters) - Brazil's treasury could raise up to 3 billion reais ($538.60 million) through its 5G auction next week if all available frequencies are sold, Abrao Balbino, chief of telecoms reg...
Oct 27, 2021
