Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Microsoft to sell some products through experience stores
(Reuters) - Microsoft Corp said on Tuesday it will use its experience centers in London, New York and Sydney to sell products to customers starting July 1. Microsoft, which shut its retail stores last...
Jun 08, 2021
Lordstown warns of going concern risk, shares tank
(Reuters) -Electric truck maker Lordstown Motors Corp expressed doubts about its ability to continue as a going concern, the company said in a regulatory filing on Tuesday, sending its shares down mor...
Jun 08, 2021
Ohio sues to have Google declared a public utility
By Diane Bartz WASHINGTON (Reuters) - Ohio asked a court on Tuesday to declare Alphabet's Google a public utility, a step the state's Republican attorney general said would forbid the search and adver...
Jun 08, 2021
BlockFi in talks to raise funding at about $5 billion valuation – The Information
(Reuters) - Cryptocurrency startup BlockFi is in late-stage talks with new and existing investors to raise funding at a valuation of about $5 billion, the Information reported on Tuesday. New York-bas...
Jun 08, 2021
Volkswagen weighs autonomous driving from 7 euros an hour
FRANKFURT (Reuters) - Volkswagen is considering offering autonomous driving on a pay-per-use basis, one of the brand's board members said in a newspaper interview. "Regarding autonomous driving we can...
Jun 08, 2021
Kenyan president urges Ethiopia to open up mobile money market
By Giulia Paravicini ADDIS ABABA (Reuters) - Kenyan President Uhuru Kenyatta on Tuesday urged Ethiopia to open up its telecoms sector to private mobile money business investors, a move that would comp...
Jun 08, 2021
E-brokerage Scalable Capital raises 150 million euros in Tencent-led round
By Nadine Schimroszik BERLIN (Reuters) - Online brokerage Scalable Capital said on Tuesday it had raised 150 million euros ($183 million) from investors led by China's Tencent, becoming the latest Ger...
Jun 08, 2021
MicroStrategy increases bitcoin-linked junk bond sale to $500 million – Bloomberg News
(Reuters) - MicroStrategy Inc, a major bitcoin corporate backer, has increased the size of a junk-bond sale to help buy more bitcoin, now targeting $500 million, Bloomberg News reported on Tuesday. Th...
Jun 08, 2021
Chips shortage limits auto production in Brazil, automakers association says
By Alberto Alerigi SAO PAULO (Reuters) - Automaker's plants in Brazil have reached a "production ceiling" after the first five months of the year, below pre-pandemic levels, due to a shortage of compu...
Jun 08, 2021
U.S. IRS chief says needs congressional authority for cryptocurrency reporting
WASHINGTON (Reuters) - U.S. Internal Revenue Service chief Charles Rettig said on Tuesday that Congress needs to provide clear statutory authority for the tax agency to collect information on cryptocu...
Jun 08, 2021
