Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
E-commerce firm Global-e valued at nearly $3.6 billion in Nasdaq debut
By Niket Nishant (Reuters) - Shares of Global-e Online Ltd rose as much as 1% in their Nasdaq debut on Wednesday, giving the cross-border e-commerce platform a market capitalization of nearly $3.6 bil...
May 12, 2021
Israeli chipmaker Tower Semi profit just shy of estimates
JERUSALEM (Reuters) - Tower Semiconductor reported on Wednesday a slightly lower than expected rise in first-quarter profit, sending its shares sharply lower, but forecast revenue above estimates for ...
May 12, 2021
Australia’s Wright launches lawsuit over $5.7 billion bitcoin haul
By Kirstin Ridley LONDON (Reuters) - An Australian computer scientist who alleges he created bitcoin has launched a London High Court lawsuit against 16 software developers in an effort to secure bitc...
May 12, 2021
Fed’s Rosengren says important to understand trade-offs of digital currencies
(Reuters) - The Federal Reserve is exploring the technology that would be required to establish a central bank digital currency, but more research needs to be done before it would move forward with a ...
May 12, 2021
Tesla says supports standardisation of China auto industry
BEIJING (Reuters) - U.S. electric vehicle maker Tesla inc said on Wednesday that it supports standardlisation of China auto industry. Tesla was commenting on China's cyberspace administration's draft ...
May 12, 2021
Tesla to roll out improved self-driving technology in coming weeks – Musk
(Reuters) - Tesla Inc's top boss Elon Musk said in a series of tweets on Wednesday that the company expects to release a significantly improved version of its full self-driving technology within the n...
May 12, 2021
EV scooter startup Bird to go public in $2.3 billion blank-check deal
(Reuters) - Bird Rides said on Wednesday it would merge with blank-check company Switchback II Corporation to go public in a deal valuing the electric scooter rental company at $2.3 billion. The scoot...
May 12, 2021
VMware taps Raghuram as CEO, triggering Poonen’s exit
By Jessica DiNapoli and Stephen Nellis (Reuters) - VMware Inc on Wednesday named its co-chief operating officer Raghu Raghuram as its new chief executive, prompting Sanjay Poonen, the business softwar...
May 12, 2021
Takeaway.com publishes prospectus for proposed $7 billion GrubHub buy
AMSTERDAM (Reuters) - Just Eat Takeaway.com, the Dutch food ordering and delivery company, on Wednesday published the prospectus for its proposed $7 billion takeover of U.S. peer GrubHub. Takeaway sha...
May 12, 2021
Uber, Lyft want more public subsidies to meet California EV mandates
By Tina Bellon (Reuters) - California clean-air regulators want nearly all trips on Uber and Lyft ride-hailing platforms to be in electric vehicles, mandating costly measures that the companies call u...
May 12, 2021
