Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Exclusive: Baidu’s auto venture to invest $7.7 billion into smart cars over next five years – CEO
By Yingzhi Yang, Yilei Sun and Tony Munroe BEIJING (Reuters) - Jidu Auto, the electric vehicle venture between China's tech giant Baidu and Chinese automaker Geely, aims to pour 50 billion yuan ($7.70...
Apr 23, 2021
Davidson Kempner, Pioneer Point to invest $4.2 billion in data centre in Portugal
LISBON (Reuters) - U.S. investment fund Davidson Kempner and British investment firm Pioneer Point Partners announced on Friday they will invest together up to 3.5 billion euros ($4.21 billion) by 202...
Apr 23, 2021
Leveling up: Embracer’s acquisition spree takes it to top of European games business
By Supantha Mukherjee KARLSTAD, Sweden (Reuters) - In a quiet corner of the town of Karlstad, 300 kilometres from Stockholm, a Swedish entrepreneur has built Europe's largest gaming company by market ...
Apr 23, 2021
Fears of Biden tax blow leave cryptocurrencies Ether, Bitcoin on the ropes
By Stanley White and Kevin Buckland TOKYO (Reuters) - Cryptocurrency Ether pulled back sharply from a record high and rival Bitcoin also fell on Friday amid speculation that U.S. President Joe Biden's...
Apr 22, 2021
White House touts EVs, but not backing gasoline-powered phase-out date
By David Shepardson WASHINGTON (Reuters) - The Biden administration wants to spend $174 billion to boost electric vehicles and charging stations but its 2030 climate emissions reduction pledge release...
Apr 22, 2021
West faces a moment of reckoning over technology, UK top cyber spy says
LONDON (Reuters) - The West faces a moment of reckoning unless it takes profound action to ensure technologies that define its prosperity are not controlled by competitors such as China, the director ...
Apr 22, 2021
Snap adds more users than Wall Street expected; growth slows in North America
By Sheila Dang (Reuters) - Snap Inc on Thursday beat Wall Street estimates for user growth and revenue as the improved Android version of its popular messaging app Snapchat attracted more users, but g...
Apr 22, 2021
Silicon Labs to sell infrastructure and auto unit to Skyworks for $2.75 billion
(Corrects headline to say $2.75 billion, not $27.5 billion) (Reuters) -Silicon Laboratories Inc said on Thursday it would sell its infrastructure and automotive business to Skyworks Solutions Inc for ...
Apr 22, 2021
Intel forecasts second-quarter revenue above expectations
(Reuters) - Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets on Thursday, betting on demand for its new generation of processors for data centers and PCs as cloud-based s...
Apr 22, 2021
London court allows Australia’s Wright to serve bitcoin copyright claim
By Kirstin Ridley LONDON (Reuters) - London's High Court has paved the way for a case that could force its judges to take a view on who invented bitcoin, the world's biggest cryptocurrency which last ...
Apr 22, 2021
