Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Colonial Pipeline’s website down amid cyber attack
(Reuters) - Colonial Pipeline's website was down on Tuesday as the operator of the largest fuel pipeline in the United States deals with a cyber-security attack that shut its entire network. The pipel...
May 11, 2021
Dell chief executive sees chip shortage lasting a few years
BERLIN (Reuters) - A worldwide lack of semiconductors is proving a challenge for computer manufacturers, but the shortage is likely to persist for some years, the chief executive and founder of Dell T...
May 11, 2021
SKIET’s first-day pop moderates after stock debuts at double IPO price
By Heekyong Yang and Scott Murdoch SEOUL/HONG KONG (Reuters) - Battery material maker SK IE Technology Co Ltd (SKIET) saw its stock hover up 50% on its debut day, pulling back from market open when it...
May 11, 2021
Indonesia considers plan to tax trade in cryptocurrencies
JAKARTA (Reuters) - Indonesia is considering a plan to tax the trading of cryptocurrencies after a surge in popularity among local investors, a tax official said on Tuesday. The Southeast Asian countr...
May 11, 2021
Walmart’s Flipkart in early talks to raise $1 billion – ET
BENGALURU (Reuters) - Walmart Inc-owned Indian e-commerce firm Flipkart is in early talks with investors to raise at least $1 billion, the Economic Times reported https://economictimes.indiatimes.com/...
May 10, 2021
IBM to focus on AI and hybrid cloud in new chapter for Big Blue
BERLIN (Reuters) - IBM is rolling out innovations in artificial intelligence, hybrid cloud operations and quantum computing as the company that created the personal computer follows through on a roadm...
May 10, 2021
Exclusive: Foxconn iPhone India output drops 50% amid COVID surge-sources
TAIPEI (Reuters) - Production of the Apple iPhone 12 at a Foxconn factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told R...
May 10, 2021
Softbank Corp invests $60 million in Axiata’s ADA unit for 23% stake – sources
By Liz Lee KUALA LUMPUR (Reuters) - Japan's SoftBank Corp will invest $60 million for a 23% stake in the digital analytics and artificial intelligence arm of Malaysian telecoms firm Axiata Group Bhd, ...
May 10, 2021
Nio Lidar supplier Innovusion raises $64 million in funding
By Nick Carey LONDON (Reuters) - Lidar sensor maker Innovusion said on Monday it had raised $64 million in funding to ramp up production to supply Chinese electric vehicle (EV) maker Nio Inc's ET7 sed...
May 10, 2021
South Korea’s Kakao Entertainment to acquire serial fiction app Radish for $440 million
By Joyce Lee SEOUL (Reuters) - Kakao Entertainment Corp, the online comic, talent agency and movie-making unit of South Korean tech giant Kakao Corp, is acquiring New York and Seoul-based serialized f...
May 10, 2021
