Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Amazon, Microsoft, Google pursue $1 billion cloud deal with Boeing – The Information
(Reuters) - Amazon.com Inc, Microsoft Corp and Alphabet Inc's Google are all involved in a bidding process to provide cloud services to planemaker Boeing, the Information reported on Thursday. The mul...
May 27, 2021
Consumer finance startup Acorns to go public in over $2 billion SPAC deal
(Reuters) - Acorns Grow Inc said on Thursday it was going public through a merger with blank-check company Pioneer Merger Corp in a deal valuing the savings and investing app at about $2.2 billion. Ac...
May 27, 2021
GM restarting some plants hit by chips shortage
(Reuters) - General Motors Co said Thursday it will be soon be restarting production at five assembly plants around the world that have been idled due to a global semiconductor chips shortage. GM said...
May 27, 2021
OECD’s Gurria sees deal on global tech tax in June or July
MADRID (Reuters) - OECD chief Angel Gurria said on Thursday he expects all the necessary elements for a global accord on taxing tech giants to be ready by June or July thanks to a sharp shift in the U...
May 27, 2021
Russia’s Ozon wants to achieve $34 billion in transaction volumes by 2026
By Alexander Marrow and Olga Popova MOSCOW (Reuters) - Ozon wants to achieve online transaction volumes of around $34 billion in five years and a third of Russia's rapidly expanding e-commerce market,...
May 27, 2021
Germany, France, Dutch want more say over tech giants’ start-up deals
By Foo Yun Chee BRUSSELS (Reuters) - Draft rules targeted at Alphabet unit Google, Facebook, Amazon and Apple should be beefed up to allow regulators to vet their acquisitions of start-up rivals, Germ...
May 27, 2021
Klarna looking to raise new funds at over $40 billion valuation – report
STOCKHOLM (Reuters) - Swedish payments firm Klarna is close to finalizing a new funding round led by SoftBank that could lift the company's valuation to above $40 billion, Business Insider reported ci...
May 27, 2021
Mediaset investors agree to scrap loyalty share scheme
MILAN (Reuters) - Mediaset shareholders on Thursday agreed to ditch a loyalty share scheme at the Italian broadcaster as part of a wider agreement struck earlier in May to end a years-long dispute wit...
May 27, 2021
Best Buy raises full-year sales forecast on stimulus spending boost
(Reuters) - Best Buy Co Inc on Thursday raised its full-year comparable sales forecast, as fresh stimulus checks helped boost spending at its stores even as a reopening economy threatens to slow last ...
May 27, 2021
Medtronic beats Street estimates boosted by strong recovery in core business
(Reuters) -Medical device maker Medtronic Plc on Thursday beat Wall Street estimates for quarterly profit and revenue, aided by a recovery in its core business as more people opted for non-urgent proc...
May 27, 2021
