Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Hyundai Motor Group chases local chipmakers to cut exposure to shortage
By Heekyong Yang SEOUL (Reuters) - Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines...
Jun 15, 2021
Irish civil rights group to file privacy lawsuit over online ads
By Foo Yun Chee BRUSSELS (Reuters) - The Irish Council for Civil Liberties (ICCL) on Wednesday will file a lawsuit in a German court against IAB Tech Lab for allegedly breaching EU privacy rules. At i...
Jun 15, 2021
Game maker Krafton aims for up to $5 billion in S.Korea’s biggest IPO
By Joyce Lee SEOUL (Reuters) - Krafton Inc, the South Korean company behind blockbuster video game "PlayerUnknown's Battlegrounds", said on Wednesday its IPO would raise up to 5.6 trillion won ($5 bil...
Jun 15, 2021
Digital euro might suck away 8% of banks’ deposits – Morgan Stanley
By Marc Jones LONDON (Reuters) - A digital euro could suck away 8% of euro zone banks' customer deposits, analysts at Morgan Stanley have estimated, although the share may be far higher in some of the...
Jun 15, 2021
Sweeping bill to address China tech threat likely to take weeks in U.S. House
By Patricia Zengerle and David Shepardson WASHINGTON (Reuters) - A highly touted bill to boost the United States' ability to compete with Chinese technology could take weeks to get through Congress, a...
Jun 15, 2021
Turkey’s Trendyol in talks to raise $2 billion investment – sources
By Ebru Tuncay and Greg Roumeliotis ISTANBUL (Reuters) - Turkish e-commerce firm Trendyol, backed by Chinese internet giant Alibaba, is in discussions to raise $2 billion from investors, two sources w...
Jun 15, 2021
Cloud service demand helps Oracle beat profit, revenue expectations
(Reuters) -Oracle Corp beat Wall Street estimates for fourth-quarter revenue and profit on Tuesday, steered by demand for its cloud services as people continued to work remotely. Oracle's cloud platfo...
Jun 15, 2021
White House taps Lina Khan to chair Federal Trade Commission -source
WASHINGTON (Reuters) - President Joe Biden has selected Lina Khan, an antitrust researcher who has focused her work on Big Tech's immense market power, to chair the Federal Trade Commission (FTC), a s...
Jun 15, 2021
China’s Full Truck Alliance targets over $20 billion valuation in U.S. IPO
(Reuters) - China's Full Truck Alliance Co Ltd (FTA) said on Tuesday it is aiming for a valuation of over $20 billion in its initial public offering in the United States, marking the second major U.S....
Jun 15, 2021
U.S. workers of SoftBank-backed Mapbox form union, seek recognition
(Reuters) - Workers of location data platform Mapbox said on Tuesday they have formed a union to represent all U.S. employees, but the management has not yet responded to their request for a voluntary...
Jun 15, 2021
