Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Euskaltel’s board recommends accepting Masmovil’s takeover bid
MADRID (Reuters) - The board of Spanish telecom operator Euskaltel recommended its shareholders accept Masmovil's 1.99 billion euro ($1.18 billion) takeover bid on Monday, saying it was fair from a fi...
Jul 12, 2021
Blank-check firm ACE Convergence, Achronix scrap $2 billion merger
(Reuters) - Achronix Semiconductor Corp and blank-check firm ACE Convergence Acquisition Corp said on Monday they had agreed to terminate their $2.1 billion merger announced in January. The deal was s...
Jul 12, 2021
Cryptocurrency trading volumes slump 40% in June, data shows
LONDON (Reuters) - Trading volumes at major cryptocurrency exchanges fell by more than 40% in June, research showed on Monday, with a regulatory crackdown in China and lower volatility among the facto...
Jul 12, 2021
Chinese streaming firm DouYu terminates $5.3 billion merger with Huya
(Reuters) -DouYu International Holdings Ltd said on Monday it had terminated its $5.3 billion deal with Huya Inc, two days after China's market regulator blocked Tencent Holding Ltd's plans to merge t...
Jul 12, 2021
Google to fight EU antitrust fine at court hearing from Sept. 27 – sources
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet unit Google will seek to overturn a record 4.34-billion-euro ($5.15 billion) EU antitrust fine at a five-day hearing in September at Europe's second-highe...
Jul 12, 2021
Database company Couchbase eyes over $900 million valuation in U.S. IPO
(Reuters) - Database software company Couchbase Inc said on Monday it plans to raise as much as $161 million through an initial public offering, valuing the company at more than $900 million. The comp...
Jul 12, 2021
Under U.S. pressure, EU puts on hold plan for digital levy
BRUSSELS (Reuters) -The European Commission has decided to delay its plan to present a proposal later in July for a new levy on digital services, a spokesman said on Monday. The move follows intense p...
Jul 12, 2021
U.S. $4.7 billion grant program’s tech woes take toll on justice groups
By Sarah N. Lynch WASHINGTON (Reuters) - Glitches in a new system used to manage the U.S. Justice Department's $4.7 billion grant program are causing delays in funding programs from victim services to...
Jul 12, 2021
Didi confirms China app removals, sees revenue hit
(Reuters) - China's Didi Global Inc on Monday confirmed the country's cyberspace administration notified app stores to remove the ride hailing company's 25 apps and said the move could impact its Chin...
Jul 12, 2021
Geely’s Volvo Cars lifts stake in EV maker Polestar to 49.5%
STOCKHOLM (Reuters) - Sweden's Volvo Car Group has bought additional shares in electric car maker Polestar, taking its holdings in the electric vehicle (EV) maker controlled by Volvo's parent company,...
Jul 12, 2021
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