Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
LVMH’s Moët Hennessy teams up with Campari in wines, spirits e-commerce venture
MILAN (Reuters) - LVMH's Mot Hennessy and Italy's Campari have agreed to team up to invest in wines and spirits e-commerce companies and create a European ecommerce player in the sector. In a statemen...
Jul 12, 2021
Crypto assets post outflows after two-week run of inflows – CoinShares data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Cryptocurrency investment products and funds posted outflows to start the second half of the year, as cautious sentiment persisted in the midst of a su...
Jul 12, 2021
Italy antitrust gives conditional OK to TIM buying some BT units
MILAN (Reuters) - Italy's competition watchdog said on Monday it had cleared, with conditions, Telecom Italia's proposed acquisition of some of British telecoms group BT's business units in the countr...
Jul 12, 2021
TikTok tells employees to return to office for three days a week
By Echo Wang NEW YORK (Reuters) - Popular short-video app TikTok told its employees on Monday that some will be offered the option to work remotely for up to two days a week after they return to offic...
Jul 12, 2021
Broadcom in talks to buy software firm SAS Institute – WSJ
(Reuters) - Chip and software company Broadcom Inc is in talks to buy SAS Institute Inc in a deal that could value the software firm in the range of $15 billion to $20 billion, the Wall Street Journal...
Jul 12, 2021
Italy court annuls antitrust fine on telecom groups over billing practices
ROME (Reuters) - An Italian court has annulled a fine of 228 million euros ($271 million) slapped on Italy's top four phone operators last year over a breach of competition rules for collectively agre...
Jul 12, 2021
Virgin Galactic says may sell shares worth up to $500 million
(Reuters) -Virgin Galactic said on Monday it may sell up to $500 million worth of shares, a day after the company completed its first fully crewed test flight into space with billionaire founder Richa...
Jul 12, 2021
India’s Paytm seeks to raise $268 million in pre-IPO share sale-source
By Sankalp Phartiyal NEW DELHI (Reuters) - Indian digital payments firm Paytm is planning to raise $268 million in a funding round as it prepares for an initial public offering later this year, a sour...
Jul 12, 2021
Huawei, Verizon agree to settle patent lawsuits — sources
(Reuters) - Chinese telecommunications equipment maker Huawei Technologies Co Ltd and Verizon Communications have agreed to settle a pair of lawsuits alleging patent infringement, sources told Reuters...
Jul 12, 2021
SoftBank-backed VTEX eyes over $3 billion valuation in U.S. IPO
(Reuters) -Brazil's VTEX, a digital commerce platform backed by SoftBank Group Corp, said on Monday it was targeting a valuation of up to $3.2 billion in its U.S. initial public offering (IPO). The co...
Jul 12, 2021
