Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Fed’s Quarles says he doesn’t see rationale for central bank digital currency
(Reuters) - Federal Reserve Governor Randal Quarles, until recently the U.S. central bank's top financial regulator, on Wednesday said he does not understand the arguments in favor of issuing a centra...
Oct 20, 2021
Tesla lobbies Modi’s office in India to slash taxes before it enters market-sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - Tesla Inc has urged Indian Prime Minister Narendra Modi's office to slash import taxes on electric vehicles before it enters the market, four sourc...
Oct 20, 2021
Alibaba founder Ma spotted in Mallorca in rare trip abroad after China scrutiny
MALLORCA, Spain (Reuters) - Alibaba Group founder Jack Ma was on the Spanish island of Mallorca where his luxury yacht is anchored, two Spanish newspapers said on Wednesday, on his first trip abroad s...
Oct 20, 2021
Fund advisor presses EV startup Rivian on environment, human rights ahead of IPO
By Ben Klayman DETROIT (Reuters) - A union-affiliated pension fund advisor said it is pressing Rivian on human rights and environment concerns in the electric vehicle startup's battery supply chain ah...
Oct 20, 2021
U.S. moves to control sales of hacking tools abroad
By Christopher Bing (Reuters) - The U.S. Commerce Department on Wednesday announced new rules intended to curb the sale of offensive cybersecurity products to some countries with "authoritarian" pract...
Oct 20, 2021
PayPal in talks to buy Pinterest – source
By Greg Roumeliotis (Reuters) -Payments giant PayPal Holdings Inc is in talks to buy digital pinboard site Pinterest Inc, according to a person directly familiar with the matter. The companies have di...
Oct 20, 2021
America Movil says ready to launch 5G in Mexico; plans to sell Tracfone this year
MEXICO CITY (Reuters) - Mexican telecommunications giant America Movil said on Wednesday that it was "ready" to launch a 5G market in Mexico and that it expects to close a deal to sell its Tracfone un...
Oct 20, 2021
Logistics tech firm Flock Freight turns unicorn after SoftBank-led funding
(Reuters) - U.S. logistics technology firm Flock Freight said on Wednesday it had reached a valuation of more than $1 billion, after raising $215 million in a funding round led by SoftBank Vision Fund...
Oct 20, 2021
Short-seller Hindenburg offers $1 million for info related to cryptocurrency Tether
(Reuters) - Short-seller Hindenburg Research, which in recent months has taken aim at firms including Nikola Corp and DraftKings Inc, announced a reward of up to $1 million for information on the rese...
Oct 20, 2021
Alphabet’s Wing project will unveil new drone delivery model in Texas
WASHINGTON (Reuters) - Alphabet Inc's Wing drone project said Wednesday that Walgreens will use its new platform to fulfill deliveries at a store in Texas. Wing said it will launch the effort at a Dal...
Oct 20, 2021
