Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Analysis-Apple, AMD navigate chip shortage with focus on profitable products
By Stephen Nellis and Subrat Patnaik (Reuters) - The global chip shortage has grounded major automotive factories to a halt but pushed technology giants to become more flexible by diverting existing s...
Jul 28, 2021
EV charging firm Allego to go public via Apollo-backed blank-check deal
(Reuters) -European electric vehicle charging company Allego will go public through a merger with a blank-check firm backed by private equity giant Apollo Global Inc, in a deal valuing the equity of t...
Jul 28, 2021
Vodafone and Unisys team up to boost IT services in digitalisation bet
MADRID (Reuters) - British telecom operator Vodafone said on Wednesday it had partnered with information technology firm Unisys to launch 'Vodafone Digital Factory' to boost its range of IT services a...
Jul 28, 2021
Could display drones snuff out the firework?
FROME, England (Reuters) - Concerns about pollution and the environment could see drone displays - such as the one featured in the Tokyo Olympics opening ceremony - replace fireworks as the light show...
Jul 28, 2021
Canada’s Shopify beats quarterly revenue expectations on online shopping boom
(Reuters) -Canada's e-commerce giant Shopify Inc beat second-quarter revenue expectations on Wednesday, on the back of a resilient online shopping trend precipitated by the COVID-19 pandemic. Shopify'...
Jul 28, 2021
Russia’s internet giant Yandex upgrades outlook after strong Q2
MOSCOW (Reuters) -Russian internet giant Yandex on Wednesday reported a 34% rise in second-quarter adjusted net income compared with a year ago and raised its 2021 group revenue forecast to between 33...
Jul 28, 2021
After Flipkart, Amazon files appeal at India’s Supreme Court in antitrust probe
NEW DELHI (Reuters) - Amazon.com Inc on Wednesday filed an appeal with India's top court against a state court's order that allowed an antitrust probe against the U.S. firm and Walmart's Flipkart to c...
Jul 28, 2021
Analysis-Tesla hikes electric car prices in U.S.; holds line in China
By Eva Mathews, Nivedita Balu and Hyunjoo Jin (Reuters) - Tesla Inc showed signs this week of divergent strategies in the world's two biggest automotive markets, raising prices to boost profit margins...
Jul 28, 2021
Spotify’s quarterly revenue beats estimates, paid subscribers rise 20%
STOCKHOLM (Reuters) - Spotify Technology SA beat Wall Street estimates for second-quarter revenue on Wednesday, as the music streaming company reported a 20% jump in paid subscribers for its premium s...
Jul 28, 2021
In spats with Twitter, India’s government begins messaging shift to rival Koo
By Sankalp Phartiyal and Aditya Kalra NEW DELHI (Reuters) - Twitter Inc is fast losing its sheen as a favoured communications tool for many Indian government departments and ministers keen to promote ...
Jul 28, 2021
