Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
BoE says ‘stablecoin’ payments need same regulation as banks
LONDON (Reuters) - The Bank of England said on Monday that payments with 'stablecoins' - a form of digital currency - would need to regulated in the same way as payments currently handled by banks if ...
Jun 07, 2021
French watchdog fines Google 220 million euros for abuse of market power in the ad business
PARIS (Reuters) - The French antitrust authority said on Monday it had handed down a 220 million euro ($267 million) fine to Alphabet's Google for abusing its market power in the online advertising bu...
Jun 07, 2021
Shares in U.S. tech giants a notch lower after landmark G7 tax deal
LONDON (Reuters) - Shares in U.S. technology giants were down slightly in premarket trading after the world's richest nations agreed on a landmark global minimum corporate tax deal. The Group of Seven...
Jun 07, 2021
Sina-led consortium in final talks to buy stake in Yoozoo Games – sources
By Julie Zhu HONG KONG (Reuters) - A consortium led by Chinese internet major Sina Corp is in advanced talks to acquire at least 18% of Yoozoo Games, two people with direct knowledge of the matter tol...
Jun 06, 2021
China blocks several cryptocurrency-related social media accounts amid crackdown
SHANGHAI (Reuters) - A slew of crypto-related accounts in China's Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining. More actio...
Jun 06, 2021
ASX-listed Altium rejects $3.9 billion buyout offer from U.S. peer Autodesk
(Reuters) -Australia-listed software maker Altium Ltd on Monday rejected a buyout proposal from American peer Autodesk Inc that valued the company at A$5.05 billion ($3.91 billion), saying it "signifi...
Jun 06, 2021
U.S. energy secretary opposes ransomware payments, pushes for better ‘cyber-defenses’
WASHINGTON (Reuters) - U.S. Energy Secretary Jennifer Granholm on Sunday said she opposes companies paying off ransomware criminals and said firms targeted by cyberattacks need to alert the federal go...
Jun 06, 2021
Social media account of China’s Xiaohongshu goes dark after Tiananmen anniversary post
BEIJING (Reuters) - A social media account for popular Chinese e-commerce site Xiaohongshu, or "Little Red Book," was unavailable on Sunday, after it issued a post on Friday, the anniversary of the 19...
Jun 06, 2021
El Salvador’s president says will send bill to make bitcoin legal tender
MEXICO CITY (Reuters) - El Salvador's President Nayib Bukele said on Saturday that he will send to Congress a bill next week to make bitcoin legal tender in the country. "In the short term this will g...
Jun 05, 2021
Square to invest $5 million in Blockstream’s solar-powered bitcoin mining facility
(Reuters) - Blockchain technology company Blockstream Mining said on Saturday that Square Inc will invest $5 million to build an open-source, solar-powered bitcoin mining facility at one of Blockstrea...
Jun 05, 2021
