Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China’s antitrust regulator to fine Meituan about $1 billion -WSJ
(Reuters) - China's antitrust regulator is preparing to impose a fine of about $1 billion on Meituan for allegedly abusing its dominant market position, the Wall Street Journal reported on Friday, cit...
Syndicated Content Aug 06, 2021
Fintech unit of Malaysia’s AirAsia secures up to $100 million from SK Group
KUALA LUMPUR (Reuters) - South Korea's SK Group will invest up to $100 million in the financial technology unit of AirAsia Group Bhd, the Malaysian budget carrier said in a statement on Friday. BigPay...
Syndicated Content Aug 06, 2021
Huawei revenue drops 29% as its consumer growth engine stutters
By David Kirton SHENZHEN, China (Reuters) -Chinese telecommunications giant Huawei Technologies saw its revenue drop by almost a third in the first half of 2021, with U.S. sanctions hobbling its once-...
Syndicated Content Aug 06, 2021
Exclusive-Chinese retailer Shein lacks disclosures, made false statements about factories
By Victoria Waldersee (Reuters) - Shein, the fast-growing Chinese online retailer, has not made public disclosures about working conditions along its supply chain that are required by law in the Unite...
Syndicated Content Aug 06, 2021
Chinese EV maker Li Auto to raise $1.52 billion in Hong Kong listing – sources
By Scott Murdoch HONG KONG (Reuters) - Chinese electric vehicle maker Li Auto is targetting raising $1.52 billion in its Hong Kong dual primary listing at HK$118 per share, said three sources with dir...
Syndicated Content Aug 05, 2021
Chinese online platforms need to rein in celebrity “star-making” – state-media
SHANGHAI (Reuters) - Chinese online platforms ought to rein in the over promotion of celebrities in order to protect minors, an op-ed article published in the state-owned People's Daily said on Friday...
Syndicated Content Aug 05, 2021
Bukalapak, Indonesia’s biggest IPO, up 25% in blockbuster debut
JAKARTA (Reuters) - Shares of Indonesia's first listed tech unicorn, PT Bukalapak.com, surged by 24.7% at their trading debut on Friday, after the company raised $1.5 billion in the Southeast Asian co...
Syndicated Content Aug 05, 2021
Duolingo app no longer available on some Chinese app stores
SHANGHAI (Reuters) - Duolingo Inc said late on Thursday it was aware that its popular Duolingo language learning app was no longer available for download on some app stores in China. Its removal from ...
Syndicated Content Aug 05, 2021
U.S. FTC says Facebook misused privacy decree to shut down ad research
WASHINGTON (Reuters) - The U.S. Federal Trade Commission criticized Facebook Inc on Thursday for making "misleading claims" to explain why it had disabled the accounts of researchers studying politica...
Syndicated Content Aug 05, 2021
Indonesian blockbuster IPO to set tone for Southeast Asia tech sector
By Anshuman Daga and Fransiska Nangoy SINGAPORE (Reuters) - The first listing of a multibillion-dollar Southeast Asian tech company in Indonesia on Friday will set the benchmark for IPO hopefuls in a ...
Syndicated Content Aug 05, 2021
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