Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Weibo chairman says not in talks to take company private
(Reuters) - China's Weibo Corp chairman Charles Chao said on Tuesday he informed the company that he had no discussions with anyone regarding taking the social media company private. Reuters had earli...
Jul 06, 2021
Nintendo to launch upgraded Switch model
TOKYO (Reuters) - Japan's Nintendo will launch a Switch model with an upgraded display on Oct. 8, priced at 37,980 yen ($342.87), it said on Tuesday. (Reporting by Sam Nussey; Editing by David Goodman...
Jul 06, 2021
Florida IT firm says ransomware attack didn’t harm critical infrastructure
(Changes attribution to Kaseya) WASHINGTON (Reuters) - The ransomware eruption centered on a Florida IT firm was never a threat to the nation's critical infrastructure, the company said Tuesday. In a ...
Jul 06, 2021
Exclusive-Weibo chairman and state firm plan to take China’s Twitter private -sources
By Julie Zhu and Pei Li HONG KONG (Reuters) -Weibo Corp Chairman Charles Chao and a state investor are in talks to take the Nasdaq-listed Chinese social media company private in a deal that could valu...
Jul 06, 2021
Nextdoor to go public in $4.3 billion merger with Khosla-backed SPAC
(Reuters) - Nextdoor, a social network that connects neighbors, will go public through a merger with a blank-check company backed by Khosla Ventures in a deal valued at $4.3 billion, the companies sai...
Jul 06, 2021
London wises up on fintech to help secure post-Brexit floats
By Abhinav Ramnarayan and Anna Irrera LONDON (Reuters) - Britain's future as a hub for fintech in the wake of Brexit faces a crucial test this week with the London Stock Exchange listing of cross-bord...
Jul 06, 2021
Mortgage-focused software startup Blend seeks $4 billion valuation in U.S. IPO
(Reuters) - Mortgage software platform Blend Labs Inc said on Tuesday it was targeting a valuation of nearly $4 billion in its initial public offering in the United States, as it seeks to raise up to ...
Jul 06, 2021
China central bank office closes software maker over cryptocurrency trading
SHANGHAI (Reuters) - A Beijing office of China's central bank said on Tuesday it had ordered the shutdown of a Beijing-based software maker over its suspected involvement in cryptocurrency trading. Au...
Jul 06, 2021
Air taxi startup Volocopter gains key production certification
BERLIN (Reuters) - German flying taxi startup Volocopter said on Tuesday it was acquiring long-time partner DG Flugzeugbau, in a step that secures its compliance with the European Union air safety reg...
Jul 06, 2021
Japan’s Sumitomo Metal to invest $424 million to boost battery materials output
TOKYO (Reuters) - Japan's Sumitomo Metal Mining Co Ltd said on Tuesday it would spend 47 billion yen ($424 million) to boost production capacity of cathode materials for rechargeable batteries used in...
Jul 06, 2021
