Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Rocket Internet Growth Opportunities prices IPO at $10 per share
(Reuters) -German startup investor Rocket Internet's tech-focused blank cheque company Rocket Internet Growth Opportunities said on Tuesday it priced its initial public offering (IPO) in New York at $...
Mar 23, 2021
Uber’s transit service mainly used in lower-income U.S. city outskirts, company data shows
By Tina Bellon (Reuters) - As U.S. transit ridership plunged during the pandemic and cities reduced service, lower-income residents living in city outskirts made up the majority of passengers in new r...
Mar 23, 2021
Lockheed Martin, Omnispace to develop space-based 5G network
(Reuters) - Lockheed Martin Corp said on Tuesday it had teamed up with communications provider Omnispace LLC to develop a space-based 5G network for both commercial and government use. The U.S. defens...
Mar 23, 2021
Rostelecom and VTB aiming for more the 10% of Russia’s big data market
MOSCOW (Reuters) - A joint venture set up by Rostelecom and VTB aims to capture more than 10% of Russia's market for "big data" products by 2025, the telecoms provider said on Tuesday. Their Big Data ...
Mar 23, 2021
Open source software startup Aiven raises $100 million to expand
BERLIN (Reuters) - Aiven, a provider of open-source software for managing cloud data infrastructure, said on Tuesday it had raised $100 million from investors led by venture capital fund Atomico and w...
Mar 23, 2021
Japan’s Line tightens data management following China scrutiny
By Sam Nussey TOKYO (Reuters) - SoftBank's internet business Z Holdings said on Tuesday it would halt access to chat app Line's user data from within China and stop storing user content in South Korea...
Mar 23, 2021
Younger crypto investors do it for ‘thrills’, UK financial watchdog says
By Huw Jones LONDON (Reuters) - Thrill-seeking younger people are turning to online apps to invest in high-risk crypto-assets and foreign exchange even though most are unable to absorb big losses, Bri...
Mar 23, 2021
VoloFin to launch blockchain invoice financing platform
By Pratima Desai and Mai Nguyen LONDON/HANOI (Reuters) - Specialty finance firm VoloFin will launch a blockchain invoice financing platform on April 1 for investors and small and medium-sized firms (S...
Mar 23, 2021
Printing tech firm Velo3D to merge with Serena Williams-backed SPAC in $1.6 billion deal
(Reuters) - Velo3D Inc will merge with a blank-check company backed by tennis star Serena Williams in a deal that values the 3D printing technology firm at $1.6 billion, the companies said on Tuesday....
Mar 23, 2021
GameStop’s customer chief to resign
(Reuters) - Videogame retailer GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign. (https://bit.ly/3cfengq) (Reporting by Eva Mathews in Bengaluru; Editing by Anil D'Sil...
Mar 23, 2021
