Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Australia’s biggest lender to take on Afterpay, PayPal in buy now, pay later race
By Nikhil Nainan (Reuters) - Commonwealth Bank of Australia on Wednesday became the first major lender in the country to offer its own "buy now, pay later" (BNPL) service, taking on U.S. payments gian...
Mar 16, 2021
China’s BYD hires engineers for Europe EV battery plant
BEIJING (Reuters) - China's electric vehicle (EV) maker BYD is hiring engineers for its first overseas battery plant in Europe, the company backed by Warren Buffett said on Wednesday, as it pushes to ...
Mar 16, 2021
Canada asks court to dismiss two of Huawei CFO Meng’s arguments in extradition case
By Moira Warburton VANCOUVER (Reuters) - Canada has called for two of Huawei Chief Financial Officer Meng Wanzhou's main arguments in her fight against U.S. extradition to be dismissed, saying her cla...
Mar 16, 2021
Blacklisted Chinese firms eye lawsuits after Xiaomi win against Trump ban
By Karen Freifeld and Alexandra Alper (Reuters) - Chinese companies targeted by a sweeping investment ban imposed by former President Donald Trump are considering suing the U.S. government after a fed...
Mar 16, 2021
Samsung Electronics mobile chief says chip supply poses slight problem in second quarter
SEOUL (Reuters) - Samsung Electronics co-CEO and mobile chief Koh Dong-jin said on Wednesday that the current supply-demand imbalance of IT sector chips and related components was "very serious" and t...
Mar 16, 2021
Japan messenger app Line finds Chinese engineers at affiliate accessed user data: Asahi
TOKYO (Reuters) - Japanese messaging app Line, owned by SoftBank's Z Holdings Corp, allowed Chinese engineers at an affiliate firm in Shanghai to access data on Japanese users without consent, the Asa...
Mar 16, 2021
Squarespace valued at $10 billion in latest funding round
(Reuters) - Squarespace Inc said on Tuesday it raised about $300 million in its latest funding round, valuing the website building and hosting company at $10 billion, less than two months after confid...
Mar 16, 2021
Blizzard fires 50 employees in live events as pandemic roils business
(Reuters) - Activision Blizzard Inc unit Blizzard has fired about 50 workers engaged in running live events, a company spokesman said on Tuesday, as the COVID-19 pandemic clamped down on gatherings. V...
Mar 16, 2021
Singapore-founded IP platform raises $300 million to become unicorn
SINGAPORE (Reuters) - PatSnap, an intellectual property platform, has raised $300 million in its latest funding round led by SoftBank Vision Fund 2 and Tencent Investment, joining a list of global tec...
Mar 16, 2021
Facebook launches fund for human rights defenders facing threat
(Reuters) - Facebook Inc said on Tuesday it was launching a corporate human rights policy and a fund aimed at supporting human rights defenders facing online threats. Facebook said the fund, the size ...
Mar 16, 2021
