Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Analysis-Unleashing reforms, Xi returns to China’s socialist roots
By Yew Lun Tian BEIJING (Reuters) - When Xi Jinping took command of the Communist Party in late 2012 and proclaimed "only socialism can save China", it was largely ignored as the perfunctory mention o...
Sep 09, 2021
Chinese gaming stocks tumble after regulators summon firms
SHANGHAI (Reuters) - Chinese gaming and media stocks including Tencent Holdings and NetEase fell on Thursday a day after authorities summoned them and other gaming firms to ensure they implemented new...
Sep 08, 2021
China state media cautions against Metaverse stock risks
SHANGHAI (Reuters) - Investment is not a virtual game and investors blindly buying Chinese stocks hoping to profit from the so-called Metaverse will likely end up in tears, China's official Securities...
Sep 08, 2021
Sea Ltd seeks $6.3 billion, in one of SEAsia’s biggest fundraisings
HONG KONG (Reuters) - Southeast Asian technology company Sea Ltd plans to raise$6.3 billion in a share- and convertible bond sale, in one of the region's largest ever capital raisings, according to th...
Sep 08, 2021
Cyber security software startup Snyk raises $300 million, valued at $8.5 billion
By Jane Lanhee Lee (Reuters) -Boston-Based cyber security software startup Snyk on Wednesday said it raised $300 million in fresh funds and the company was now valued at $8.5 billion. Synk's technolog...
Sep 08, 2021
Microsoft warns Azure customers of flaw that could have permitted hackers access to data
By Joseph Menn SAN FRANCISCO (Reuters) -Microsoft warned some of its Azure cloud computing customers that a flaw discovered by security researchers could have allowed hackers access to their data. In ...
Sep 08, 2021
Li-Cycle to build EV battery recycling plant in Alabama
By Ernest Scheyder (Reuters) - Li-Cycle Holdings Corp said on Wednesday it will build a recycling facility in Alabama to process a rising volume of lithium-ion battery scrap in the U.S. Southeast for ...
Sep 08, 2021
Central banks of Honduras, Guatemala eye digital currencies as El Salvador launches bitcoin
TEGUCIGALPA (Reuters) - The central banks of Honduras and Guatemala are eying digital currencies, officials said on Wednesday, following El Salvador's adoption of bitcoin as legal currency. The centra...
Sep 08, 2021
Analog Devices expects Maxim deal earnings boost to kick in earlier
(Reuters) - U.S. semiconductor maker Analog Devices Inc said on Wednesday its takeover of Maxim Integrated Products is now expected to add to adjusted earnings twelve months after closing. The current...
Sep 08, 2021
GameStop beats second-quarter revenue estimates as shoppers return to stores
BOSTON (Reuters) - GameStop Corp, the videogame retailer at the center of this year's "meme stock" trading frenzy, beat analysts' estimates for quarterly revenue on Wednesday, as vaccinations encourag...
Sep 08, 2021
