Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Ukrainian police arrest hacker who caused $150 million damage to global firms
KYIV (Reuters) - Ukrainian police said on Monday they had arrested a 25-year-old man who hacked more than 100 foreign companies and caused damage worth more than $150 million. The hacker, who was not ...
Oct 04, 2021
IHS Holding eyes near $8 billion valuation in U.S. IPO
(Corrects paragraph two to say IHS is London-based) (Reuters) -IHS Holding Ltd, an operator of telecoms infrastructure such as mobile phone towers, is looking to raise up to $540 million in a U.S. ini...
Oct 04, 2021
Coding platform GitLab aims for nearly $9 billion valuation in U.S. IPO
(Reuters) - GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, is looking to raise as much as $624 million through an initial public offering in the United States...
Oct 04, 2021
Made-from-CO2 concrete, lululemons and diamonds spark investor excitement
By Jane Lanhee Lee and Nia Williams (Reuters) - What do diamonds, sunglasses, high-end lululemon sportswear and concrete have to do with climate change? They can all be made using carbon dioxide (CO2)...
Oct 04, 2021
Grab to take majority stake in Indonesia e-wallet OVO
SINGAPORE (Reuters) - Southeast Asian ride-hailing and payments firm Grab will more than double its stake in Indonesian e-wallet OVO to 90%, the Indonesian firm said on Monday, pending approval from r...
Oct 04, 2021
Audi CEO sees chip shortage as ‘perfect storm’ but will get through it
By Christoph Steitz FRANKFURT (Reuters) - Premium car brand Audi, Volkswagen's biggest profit contributor, has to troubleshoot on a day-to-day basis to tackle an ongoing shortage of auto chips, its ch...
Oct 04, 2021
Analysis: Zoom’s abandoned Five9 deal shows hurdles to expansion
By Krystal Hu, Svea Herbst-Bayliss and Echo Wang (Reuters) - Zoom Video Communications Inc's aborted $14.7 billion acquisition of call center software firm Five9 Inc has spotlighted issues that will w...
Oct 04, 2021
Facebook whistleblower reveals identity ahead of Senate hearing
By Sheila Dang (Reuters) - A former Facebook Inc employee revealed herself on Sunday as the whistleblower who leaked a trove of internal company research that served as the basis of a Wall Street Jour...
Oct 03, 2021
Embraer’s Eve receives Brazil order for up to 100 VTOL’s
SAO PAULO (Reuters) - Eve Urban Air Mobility, an Embraer company, has received an order for up to 100 eVTOLs, or electric vertical takeoff and landing (eVTOL) aircraft, according to an Embraer press r...
Oct 03, 2021
Facebook does not believe it is a primary cause of polarization -exec to CNN
WASHINGTON (Reuters) -A Facebook Inc executive said in an interview on Sunday with CNN that the company does not believe that its social media service is a primary contributor to the political polariz...
Oct 03, 2021
