Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Bitcoin falls 11.1% to $53,356
(Reuters) - Bitcoin dropped 11.1% to $53,356.39 on Sunday, losing $6,675.9 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is down 17.8% from the year's high of $6...
Apr 18, 2021
A tale of two carmakers: GM and Toyota take different electric roads in China
By Norihiko Shirouzu SHANGHAI (Reuters) - Toyota pioneered the world's most successful hybrid car but when it comes to pure electric vehicles it has some catching up to do, especially in China. The Ho...
Apr 18, 2021
Used electronics trading platform Aihuishou to raise up to $1 billion in U.S. IPO -sources
By Kane Wu HONG KONG (Reuters) - Chinese secondhand electronics trading platform Aihuishou is aiming to raise $500 million to $1 billion in a U.S. initial public offering by early June, said two peopl...
Apr 17, 2021
Amazon’s video game division cancels Lord of the Rings game announced in 2019
By Kanishka Singh (Reuters) - Amazon.com Inc's video game division has canceled an online role-playing game based on the fantasy series Lord of the Rings, which was announced in 2019, an Amazon spokes...
Apr 17, 2021
Exclusive: China’s Ant explores ways for Jack Ma to exit as Beijing piles pressure – sources
By Julie Zhu HONG KONG (Reuters) - Ant Group is exploring options for founder Jack Ma to divest his stake in the financial technology giant and give up control, as meetings with Chinese regulators sig...
Apr 17, 2021
British fintech Revolut on path to $10 billion valuation with new funding – Sky News
(Reuters) - Digital banking app Revolut is on track for a new fundraising that will value the company at more than $10 billion, Sky News reported on Saturday. The London-based financial technology sta...
Apr 17, 2021
ARK buys another $64 million in Coinbase shares, sells $99.5 million of Tesla shares
(Reuters) - Cathie Wood's ARK funds bought more shares of cryptocurrency exchange Coinbase Global Inc on Friday while selling shares of electric carmaker Tesla, according to the firm's daily trade sum...
Apr 16, 2021
Twitter services down for thousands of users: Downdetector
(Reuters) - Around 40,000 Twitter Inc users were unable to access the social media platform on Friday, according to outage monitoring website Downdetector.com. Twitter did not immediately respond to a...
Apr 16, 2021
U.S. investigators probing breach at San Francisco code testing company: firm
By Raphael Satter WASHINGTON (Reuters) - U.S. federal investigators are probing an intrusion at San Francisco-based software auditing company Codecov that affected an unknown number of its 29,000 cust...
Apr 16, 2021
Dogecoin surges to record high, up almost 300% in a week
(Reuters) - The Dogecoin cryptocurrency surged more than 90% to a record high on Friday, putting its gain for the week at almost 300%. The latest rally in Dogecoin came two days after billionaire Elon...
Apr 16, 2021
