Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Call for Amazon to consider blue-collar director wins 17% support
(Reuters) - A shareholder proposal calling for Amazon.com Inc to consider adding an hourly worker to its board of directors received support from 17% of votes cast, according to a company filing on Fr...
May 28, 2021
Electric-vehicle firm Rivian could seek $70 billion valuation in IPO – Bloomberg News
(Reuters) - Electric-truck startup Rivian Automotive Inc could target a valuation of about $70 billion in its potential public listing later this year, Bloomberg news reported on Friday. Amazon.com In...
May 28, 2021
Exclusive: Wejo to go public; deal values auto data startup at $800 million – sources
By Ben Klayman and Paul Lienert DETROIT (Reuters) - Auto data startup Wejo on Friday will announce plans to go public through a reverse merger with blank-check company Virtuoso Acquisition Corp in a d...
May 28, 2021
U.S. SEC charges five individuals involved in crypto lending program
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said it has charged five individuals for promoting a global unregistered digital asset securities offering that raised over...
May 28, 2021
Colonial Pipeline says experiencing network issues
(Reuters) - Colonial pipeline on Friday said it is currently experiencing network issues impacting customers' ability to enter and update nominations. Communication from colonial systems to Transport4...
May 28, 2021
Biden seeks 11% jump in FTC funding as Big Tech cases loom
By Diane Bartz WASHINGTON (Reuters) - President Joe Biden's proposed budget would give an 11% funding increase to the Federal Trade Commission as well as a hefty boost to the Justice Department's Anti...
May 28, 2021
Logitech CEO says chip shortage could last for up to a year – paper
ZURICH (Reuters) - The global shortage of semiconductor chips could last three to six months, Logitech Chief Executive Bracken Darrell told Swiss newspaper Finanz und Wirtschaft, with some industries ...
May 28, 2021
U.S. Senate to consider sweeping China tech bill on June 8
WASHINGTON (Reuters) - U.S. Senate Majority Leader Chuck Schumer said on Friday the Senate would consider a sweeping package of legislation intended to boost the country's ability to compete with Chin...
May 28, 2021
Swiss cabinet blames intelligence community for Crypto AG affair
ZURICH (Reuters) - The Swiss government on Friday blamed the state intelligence leadership for concealing that a Swiss company had for decades sold encryption devices as a front for the U.S. and Germa...
May 28, 2021
Russian online cinema IVI projects ‘ambitious’ investment with new cash
By Alexander Marrow MOSCOW (Reuters) - A $250 million funding round has given Russian streaming service IVI more flexibility over a possible IPO, met its mid-term financing needs and supports its high...
May 28, 2021
