Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
U.S. banks deploy AI to monitor customers, workers amid tech backlash
By Paresh Dave and Jeffrey Dastin (Reuters) - Several U.S. banks have started deploying camera software that can analyze customer preferences, monitor workers and spot people sleeping near ATMs, even ...
Apr 19, 2021
Abu Dhabi’s G42 forms big data JV with Israeli defence company Rafael
DUBAI (Reuters) - Abu Dhabi-based technology company Group 42 (G42) has formed a joint venture with Israel's state-owned Rafael Advanced Defense Systems to commercialise artificial intelligence and bi...
Apr 19, 2021
UK launches taskforce for potential Bank of England digital currency – Sunak
LONDON (Reuters) - British finance minister Rishi Sunak announced on Monday the launch of a new taskforce for a potential Bank of England central bank digital currency and other measures to promote in...
Apr 19, 2021
Microsoft to invest $1 billion in Malaysia to set up data centres – Malaysian PM
KUALA LUMPUR (Reuters) - Microsoft Corporation will invest $1 billion over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies, the Sout...
Apr 19, 2021
Nornickel to supply nickel, cobalt to Johnson Matthey for battery materials
MOSCOW (Reuters) - Russian metals producer Nornickel said on Monday it had signed a long-term agreement to supply nickel and cobalt to chemicals company Johnson Matthey to produce materials used to ma...
Apr 19, 2021
Explainer: What’s next for Jack Ma’s Ant Group after China orders revamp?
By Kane Wu HONG KONG (Reuters) - China has imposed a sweeping restructuring plan on Jack Ma's Ant Group, the fintech conglomerate whose record $37 billion IPO was derailed by regulators in November, t...
Apr 19, 2021
Renesas says plans to restore full production of fire-damaged chip plant by end-May
TOKYO (Reuters) - Renesas Electronics Corp, a major supplier of automotive semiconductors, said on Monday it plans to restore output lost to a fire by end-May after restarting production, relying on o...
Apr 19, 2021
The ‘metaverse’ bet: crypto-rich investors snap up virtual real estate
By Elizabeth Howcroft LONDON (Reuters) - What do you do with a $69 million artwork that doesn't physically exist? That's the question faced by the Singapore-based investor calling himself Metakovan, w...
Apr 19, 2021
BMW aiming for quarter of China sales to be electric vehicles by 2025
SHANGHAI (Reuters) - German automaker BMW is aiming for a quarter of its sales in China to be pure battery electric vehicles by 2025, its China chief Jochen Goller said on Monday. Around 4% of BMW Chi...
Apr 19, 2021
Toyota says it will introduce 15 BEVs, expand electric lineup by 2025
TOKYO (Reuters) - Toyota Motor Corp said on Monday it will introduce 15 battery electric vehicle (BEV) models globally by 2025, expanding the automaker's electric vehicle lineup to achieve carbon neut...
Apr 19, 2021
