Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Israeli AI chipmaker Hailo raises $136 million, valued at $1 billion
JERUSALEM (Reuters) - Hailo, an artificial intelligence-focused, Israel-based chipmaker, said on Tuesday it raised $136 million in a private funding round led by Poalim Equity and Gil Agmon. A source ...
Syndicated Content Oct 12, 2021
GitLab eyes nearly $10 billion valuation in IPO after boosting price range
(Reuters) - Software development company GitLab Inc on Tuesday raised the target price range for its U.S. initial public offering, lifting its aimed valuation to nearly $10 billion. (Reporting by Nike...
Syndicated Content Oct 12, 2021
Vroom to acquire auto lender United Auto Credit for $300 million
(Reuters) - Vroom Inc said on Tuesday it would buy automotive lender United Auto Credit Corp for $300 million in cash, as the online used car retailer seeks to offer financing options for its shoppers...
Syndicated Content Oct 12, 2021
Crypto trading thrives in Nigeria despite official disapproval
By Chijioke Ohuocha and Libby George LAGOS (Reuters) - Nigerian art dealer Ebuka Joseph started using cryptocurrencies last year when business ground to a halt due to COVID-19. Now he is hooked even t...
Syndicated Content Oct 12, 2021
Talks to remove digital taxes should end tariff risks -U.S. Treasury officials
By David Lawder WASHINGTON (Reuters) - Negotiations over the withdrawal of existing digital services taxes after a landmark corporate tax deal should ultimately end the threat of tariff wars between t...
Syndicated Content Oct 12, 2021
EU to open probe into Nvidia’s $54 billion bid for Arm – sources
BRUSSELS (Reuters) - EU antitrust regulators are set to open a full-scale investigation into Nvidia's $54 bln bid for British chip designer Arm because concessions it offered are not sufficient to add...
Syndicated Content Oct 12, 2021
Amazon launches Prime service in Poland
WARSAW (Reuters) - Amazon on Tuesday launched its Amazon Prime service offering free delivery and video streaming in Poland, sending shares in rival Polish e-commerce platform Allegro lower. Amazon's ...
Syndicated Content Oct 12, 2021
Hungary’s 4iG to buy controlling stake in Israeli satellite firm Spacecom
JERUSALEM (Reuters) - Israeli satellite operator Spacecom said on Tuesday that Budapest-based 4iG agreed to buy a 51% stake in the company for $68 million through a private shares placement. The deal ...
Syndicated Content Oct 12, 2021
EV battery maker CATL plans $5-billion China recycling facility
BEIJING (Reuters) - Contemporary Amperex Technology Co Ltd plans to build a battery material recycling facility in the central Chinese province of Hubei with an investment of up to 32 billion yuan ($4...
Syndicated Content Oct 12, 2021
Music streamers turn to telcos to make Africa pay
By Nqobile Dludla and Supantha Mukherjee JOHANNESBURG/STOCKHOLM (Reuters) - Africa, with its internationally recognised musical talent - and growing mobile phone use - is central to Swedish music stre...
Syndicated Content Oct 12, 2021
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