Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Exclusive: Visa moves to allow payment settlements using cryptocurrency
By Noor Zainab Hussain (Reuters) - Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of ...
Mar 29, 2021
UK car seller Cazoo agrees to go public on NYSE through Och-backed SPAC
By Joshua Franklin (Reuters) - British online car seller Cazoo Holdings Limited said on Monday it has agreed to go public in New York through a merger with AJAX I Acquisition Corp, a blank-check acqui...
Mar 29, 2021
How the American SPACs rocket has failed to take off in Europe
By Supantha Mukherjee and Anirban Sen STOCKHOLM (Reuters) - "I get an email almost every morning from some SPAC seller telling me to do a SPAC with them," said Johnny Boufarhat, CEO of Hopin, a virtua...
Mar 29, 2021
China Evergrande to raise $2 billion in pre-IPO for property, car marketplace unit
HONG KONG (Reuters) - China Evergrande Group on Monday said it will sell 10% of its online real estate and automobile marketplace, Fangchebao (FCB), to 17 investors for HK$16.35 billion ($2.10 billion...
Mar 28, 2021
Facebook, Google plan new undersea cables to connect Southeast Asia and America
SINGAPORE (Reuters) - Facebook said on Monday it planned two new undersea cables to connect Singapore, Indonesia and North America in a project with Google and regional telecommunication companies to ...
Mar 28, 2021
CIMB’s e-wallet venture with Ant Group to close fundraising by mid-year
KUALA LUMPUR (Reuters) - Malaysian bank CIMB Group's e-wallet unit is looking to close by around mid-year a fundraising in a joint venture with China's Ant Group, the unit's chief said in a press brie...
Mar 28, 2021
China’s Didi Chuxing to start ride-hailing service in South Africa
BEIJING (Reuters) - China's Didi Chuxing, which is backed by SoftBank, said on Monday it would start a ride-hailing service in Cape Town, South Africa. Didi already operates in Japan, Australia, Russi...
Mar 28, 2021
Tencent Music announces biggest ever $1 billion share buyback
(Reuters) - China's Tencent Music Entertainment Group announced a $1 billion share repurchase plan, its biggest, late on Sunday, days after the U.S. securities regulator adopted stricter measures for ...
Mar 28, 2021
Damage from fire at Renesas chip factory bigger than expected: Nikkei
TOKYO (Reuters) - Renesas Electronics Corp now expects damage from a recent fire at its chip-making plant to be bigger than expected, with 17 machines affected rather than 11 as originally counted, th...
Mar 28, 2021
Bilibili shares set to fall 2.2% in Hong Kong trading debut
HONG KONG (Reuters) - Chinese online video site Bilibili Inc's shares are set to fall 2.2% to HK$790 from the company's secondary listing price when the company starts trading in Hong Kong on Monday. ...
Mar 28, 2021
