Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Swiss court rejects Google appeal over cloud contract
By Michael Shields ZURICH (Reuters) - A Swiss court has dismissed Google's bid to block the award of a government cloud computing contract worth up to 110 million Swiss francs ($119 million) to rival ...
Oct 20, 2021
Riding the crypto rollercoaster: Bitcoin nears record high
By Tom Wilson LONDON (Reuters) - Bitcoin is on the cusp of an all-time high, its latest rally fuelled by the launch of the first U.S. bitcoin futures exchange-traded fund that investors think could ma...
Oct 20, 2021
Britain fines Facebook $70 million for breaching order in Giphy deal
(Reuters) - Britain's competition regulator has fined Facebook 50.5 million pounds ($69.6 million) for breaching an order imposed during its investigation into the U.S. social media giant's purchase o...
Oct 20, 2021
Explainer: What is the “metaverse”?
LONDON (Reuters) - Facebook Inc, under fire from regulators and lawmakers over its business practices, is planning to rebrand itself https://www.reuters.com/technology/facebook-plans-change-its-name-v...
Oct 20, 2021
THG founder Moulding foregoes pledge of shares under loan facility
By Abhinav Ramnarayan LONDON (Reuters) -Online beauty products retailer and tech group THG has received a notification from founder Matthew Moulding and his wife Jodie that they are foregoing a pledge...
Oct 20, 2021
‘They’ll have to pay’: Malaysia chip crunch triggers new era in supply deals
By Liz Lee KUALA LUMPUR (Reuters) - Malaysian electronics firms central to the supply of basic chips that drive the world's cars, smartphones and home devices say big-name customers are beating on the...
Oct 20, 2021
ASML posts better-than-expected Q3 net income of $2 billion amid chip shortage
AMSTERDAM (Reuters) - ASML Holding NV, a key supplier to computer chip makers, on Wednesday reported slightly better-than-expected third quarter net income of 1.7 billion euros ($1.98 billion), amid s...
Oct 20, 2021
AI can see through you: CEOs’ language under machine microscope
By Tommy Wilkes LONDON (Reuters) - Executives, beware! You could become your own worst enemy. CEOs and other managers are increasingly under the microscope as some investors use artificial intelligenc...
Oct 20, 2021
Norway’s AutoStore valued at $12 billion, country’s biggest IPO in two decades
OSLO (Reuters) - Norwegian robotics firm AutoStore said on Wednesday it had priced its initial public offering (IPO) at 31 Norwegian crowns per share, the top of its target range, valuing the company ...
Oct 19, 2021
Westpac to launch zero-interest digital card with young consumers in focus
(Reuters) - Westpac Banking Corp said on Wednesday it would launch a digital credit card this year that would offer zero interest and be aimed primarily at young customers who are seeking the convenie...
Oct 19, 2021
