Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Indonesia’s Bukalapak increases IPO target to over $1 billion on strong demand – sources
By Anshuman Daga SINGAPORE (Reuters) - Indonesian e-commerce firm Bukalapak is targeting raising more than $1 billion in its IPO, 25% more than previously planned, on indications of strong investor de...
Jul 07, 2021
Wise shares indicated to open at $10 billion valuation in auction
By Abhinav Ramnarayan and Thyagaraju Adinarayan LONDON (Reuters) - Wise's Class A shares were indicated to open at 750 pence in an auction, which would give it a market capitalisation of well over 7 b...
Jul 07, 2021
Alipay, Wechat limit user access to Didi’s micro-software in China – source
BEIJING (Reuters) - Two Chinese popular mobile apps, Ant's Alipay and Tencent's Wechat, have suspended the light-version software of Didi Global Inc's ride hailing services in China to new users, a so...
Jul 07, 2021
Analysis: Limited capacity, difficult logistics to slow Chinese bitcoin miners’ global shift
By Alun John and Samuel Shen HONG KONG/SHANGHAI (Reuters) - Large bitcoin miners fleeing China to escape a state crackdown will take many months to start operating again, as data centres from Texas to...
Jul 07, 2021
Malaysia’s AirAsia in talks to buy Gojek’s Thailand business – Nikkei
(Reuters) - Malaysian budget airline AirAsia Group is in talks with Indonesian ride-hailing and payments firm Gojek to acquire its business in Thailand, the Nikkei newspaper reported on Wednesday citi...
Jul 07, 2021
China’s Wechat deletes university LGBT accounts
HONG KONG (Reuters) - Chinese tech giant Tencent's WeChat social media platform has deleted dozens of LGBT accounts run by university students, saying some had broken rules on information on the inter...
Jul 06, 2021
FTSE says to add Didi in indexes as planned on July 8, barring trade halt
SHANGHAI (Reuters) - Index publisher FTSE Russell said Didi Global Inc will be added to its global equity indexes as scheduled on July 8, but not if trading in shares of the Chinese ride-hailing compa...
Jul 06, 2021
Shares of China EV maker Xpeng set to open up 1.8% in Hong Kong debut
(Reuters) - Shares of Chinese electric vehicle (EV) maker Xpeng Inc are set to open up 1.8% from their initial public offering (IPO) price in the company's dual primary listing debut in Hong Kong on W...
Jul 06, 2021
Virgin Galactic’s Branson calls his upcoming spaceflight a ‘pinch-me moment’
By Arlene Eiras and Steve Gorman (Reuters) - As Virgin Galactic finalizes plans for founder Richard Branson to join five others on a test flight to the edge of space on July 11, the British billionair...
Jul 06, 2021
Samsung Electronics flags 53% jump in Q2 profit, topping estimates
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd said on Wednesday its second-quarter operating profit likely jumped 53%, beating analysts' estimates, as strong chip prices a...
Jul 06, 2021
