Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Canadian banks shrink workforces as they invest heavily in technology
By Nichola Saminather TORONTO (Reuters) - Canada's top banks are shedding workers for the second straight year, moving toward leaner operations to satisfy investors demanding returns on tens of billio...
Apr 07, 2021
Russian lawmaker floats idea of Zoom ban after it halts sales to state bodies
MOSCOW (Reuters) - A lawmaker from Russia's ruling party floated the idea of banning Zoom on Wednesday after the video conferencing company reportedly told its distributors to stop selling subscriptio...
Apr 07, 2021
Uber, Lyft tout U.S. ride-hail driver pay, incentives amid demand uptick
By Tina Bellon (Reuters) - Uber Technologies Inc and Lyft Inc said U.S. drivers on their ride-hail platforms were earning significantly more than before the pandemic as trip demand outstrips driver su...
Apr 07, 2021
Technology firm Trax raised $640 million in funding led by SoftBank VF2, BlackRock
(Reuters) - Image recognition technology firm Trax said on Wednesday it had raised $640 million in new capital in a funding round led by SoftBank Group Corp's Vision Fund 2 and BlackRock Inc (Reportin...
Apr 07, 2021
Redis Labs valued at over $2 billion in latest funding from SoftBank, others
(Reuters) - Redis Labs, a real-time cloud analytics platform firm, said on Wednesday it has raised $110 million in its Series G round from investors including SoftBank Group Corp's Vision Fund, valuin...
Apr 07, 2021
Apple to start enforcing new app privacy notifications in coming weeks
(Reuters) - Apple Inc said on Wednesday that in the coming weeks it will start enforcing a new privacy notification rule that digital advertising firms such as Facebook Inc have warned will hurt their...
Apr 07, 2021
UPS to buy electric aircraft to cut delivery time for small markets
(Reuters) - United Parcel Service has agreed to buy 10 electric vertical takeoff and landing aircraft from Vermont-based startup Beta Technologies to speed up deliveries in small markets, the U.S. pac...
Apr 07, 2021
Israel’s ThetaRay mulls listing as cash pours into tech sector
By Alexander Cornwell DUBAI (Reuters) - Israeli cyber security firm ThetaRay is considering a potential stock market listing, encouraged by investors who have poured money into the technology sector o...
Apr 07, 2021
Self-driving truck startup TuSimple targets over $8 billion valuation in U.S. IPO
(Reuters) -Self-driving truck startup TuSimple Holdings Inc said on Wednesday it was targeting a valuation of more than $8 billion in its U.S. initial public offering (IPO). TuSimple is the third comp...
Apr 07, 2021
Mobile gaming firm AppLovin aims for over $30 billion valuation in U.S. IPO
(Reuters) -Mobile app and gaming company AppLovin Corp, which is backed by private equity giant KKR & Co Inc, said on Wednesday it was targeting a valuation of more than $30 billion in its U.S. initia...
Apr 07, 2021
