Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
S.Korea’s LG Chem, LGES pledge $13 billion in battery investment by 2030
By Heekyong Yang SEOUL (Reuters) - LG Chem Ltd and its wholly-owned battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this decade...
Jul 08, 2021
Panasonic boss says Tesla relationship unaffected by share sale
TOKYO (Reuters) -Panasonic Corp's new CEO on Thursday said the Japanese company's battery supply relationship with Tesla Inc remains strong even after it sold all its shares in the U.S. electric carma...
Jul 08, 2021
Tesla sold 33,155 China-made vehicles in June – CPCA
BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday. CPCA also said ...
Jul 08, 2021
Investors say China tech firms to boost data security compliance after Didi probe
SHANGHAI (Reuters) - Didi Global Inc fell for the third consecutive session on Wednesday, after China ordered the app removed from mobile app stores as part of a broader crackdown on China-based compa...
Jul 08, 2021
Twitter appoints India interim compliance exec, to fill other jobs soon
NEW DELHI (Reuters) - Twitter Inc's India unit has appointed an interim chief compliance officer and will soon designate two other executives for the time being to comply with the country's new IT rul...
Jul 08, 2021
Stellantis says H1 margin expected to top annual target of 5.5%-7.5%
MILAN (Reuters) - Stellantis said on Thursday its margins on adjusted operating profits in the first half of 2021 were expected to exceed an annual target of between 5.5%-7.5%, despite production loss...
Jul 08, 2021
Italy’s competition watchdog starts probe into TIM deal with DAZN on Serie A
(Refiles to add date) MILAN (Reuters) - Italy's antitrust regulator said on Thursday it had opened a probe into a deal between sports streaming app DAZN and Telecom Italia (TIM) to assess whether it w...
Jul 08, 2021
Europe’s SoftBank Prosus plays long game to shrink value gap
By Toby Sterling, Promit Mukherjee and Abhinav Ramnarayan AMSTERDAM/JOHANNESBURG (Reuters) - Prosus, Europe's answer to SoftBank and its Vision Fund, is betting that its long-term investments can fill...
Jul 08, 2021
S.Korea’s Samsung SDI considers building battery cell plant in U.S.
By Heekyong Yang SEOUL (Reuters) - South Korea's Samsung SDI Co may build a battery cell plant in the United States to support the auto industry's shift to electrification, a company source with close...
Jul 08, 2021
Telenor sells Myanmar operations to M1 Group for $105 million
OSLO (Reuters) - Norwegian telecoms operator Telenor has sold its Myanmar operations to Lebanese investment firm M1 Group for $105 million, Telenor said in on Thursday. "Further deterioration of the s...
Jul 08, 2021
