Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Hong Kong watchdog says Binance not licensed to sell stock tokens in city
By Alun John HONG KONG (Reuters) -Hong Kong's markets watchdog on Friday said Binance, one of the world's largest cryptocurrency exchanges, was not licensed to sell 'stock tokens' in the city, product...
Jul 16, 2021
Binance stops selling “stock tokens” after regulatory scrutiny
By Tom Wilson LONDON (Reuters) - Major cryptocurrency exchange Binance said on Friday that users can no longer buy digital tokens linked to stocks, a day after Italian regulators joined a string of fi...
Jul 16, 2021
S.Korean regulator tells Ant-backed Kakao Pay to revise IPO prospectus
SEOUL (Reuters) - South Korea's financial regulator asked fintech company Kakao Pay on Friday to revise its prospectus to raise up to 1.6 trillion won ($1.4 billion) in an August listing, a move analy...
Jul 16, 2021
Zomato’s $1.3 billion India stock offering draws strong investor appetite
By Abhirup Roy MUMBAI (Reuters) - A $1.3 billion stock offering by Indian food delivery startup Zomato, backed by China's Ant Group was almost eight times oversubscribed before the offer closed later ...
Jul 16, 2021
Chinese regulators send on-site teams to conduct cybersecurity review of Didi
BEIJING (Reuters) - The Cyberspace Administration of China (CAC) said in a statement on Friday that seven departments of Chinese regulators sent on-site teams to conduct a cybersecurity review of Didi...
Jul 16, 2021
ByteDance’s Toutiao ordered by China to halt new registrations since September -sources
BEIJING (Reuters) - TikTok owner ByteDance has been blocking new user and content creator registrations for its Chinese news aggregator Jinri Toutiao since September at the behest of regulators, accor...
Jul 16, 2021
India’s Paytm files draft papers for $2.2 billion IPO
BENGALURU (Reuters) -SoftBank-backed Indian digital payments startup Paytm has filed for an initial public offering (IPO) of up to 166 billion rupees ($2.23 billion), draft papers submitted to the cou...
Jul 16, 2021
Ericsson’s quarterly profit misses as China casts shadow
STOCKHOLM (Reuters) -Sweden's Ericsson on Friday reported second-quarter core earnings below market estimates, as strong sales of 5G equipment in most markets was offset by a decline in sales in mainl...
Jul 16, 2021
Ericsson strikes $8.3 billion 5G deal with Verizon
(Reuters) - Swedish telecoms gear maker Ericsson said on Friday it struck an $8.3 billion deal with Verizon Communications Inc to accelerate the deployment of 5G network in the United States. (Reporti...
Jul 16, 2021
Xiaomi trumps Apple to become world’s No. 2 smartphone maker – Canalys
(Reuters) - Chinese smartphone maker Xiaomi Corp overtook Apple Inc in the second quarter to become the world's No. 2 smartphone maker, market research firm Canalys said in a report on Thursday. Xiaom...
Jul 15, 2021
