Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Deliveroo confirms IPO plans, flags $438 million loss in 2020
LONDON (Reuters) - British food delivery firm Deliveroo announced plans for its London listing on Monday, disclosing it posted an underlying loss in 2020 of 317 million pounds ($437.94 million). The D...
Syndicated Content Mar 08, 2021
Rush to bitcoin? Not so fast, say keepers of corporate coffers
By Tom Wilson, Anna Irrera and Jessica DiNapoli LONDON/NEW YORK (Reuters) - When Elon Musk's Tesla became the biggest name to reveal it had added bitcoin to its coffers last month, many pundits were s...
Syndicated Content Mar 08, 2021
China’s Primavera raising up to $5 billion in new dollar fund -sources
By Kane Wu HONG KONG (Reuters) - Chinese private equity firm Primavera Capital Group, an early investor in billionaire Jack Ma's Ant Group, is raising a new U.S. dollar-denominated fund of up to $5 bi...
Syndicated Content Mar 07, 2021
Chinese beauty app Meitu shares surge after cryptocurrency investment
HONG KONG (Reuters) - Shares of Hong Kong-listed Chinese photo editing app Meitu Inc rose as much as 14.4% on Monday morning after the company said it had bought $40 million of cryptocurrencies. The b...
Syndicated Content Mar 07, 2021
Toyota VC invests in AI startups, firms that refine everyday processes
By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) - Toyota Motor Corp's first venture capital fund is investing in startups that help the Japanese automaker refine everyday processes by bringing sha...
Syndicated Content Mar 07, 2021
U.S. crowd-safety firm Evolv to go public in $1.7 billion SPAC deal
By Bhargav Acharya (Reuters) - U.S. crowd-safety company Evolv Technology said on Sunday it is combining with blank-check firm NewHold Investment Corp to go public in a deal that will value it at abou...
Syndicated Content Mar 07, 2021
Game of drones: Chinese giant DJI hit by U.S. tensions, staff defections
By David Kirton SHENZHEN, China (Reuters) - Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade that it almost drove all competitors out of the mark...
Syndicated Content Mar 07, 2021
White House cites ‘active threat,’ urges action despite Microsoft patch
By Jeff Mason WASHINGTON (Reuters) - The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft Corp's Outlo...
Syndicated Content Mar 07, 2021
Bitcoin rises 4.2% to $50,947.94
(Reuters) - Bitcoin rose 4.18 % to $50,947.94 on Sunday, adding $2,043.31 to its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 83.7% from the year's low of $27,734 ...
Syndicated Content Mar 07, 2021
UAE’s first independent digital banking platform launches
By Lisa Barrington DUBAI (Reuters) - The first independent digital banking platform in the United Arab Emirates launched on Sunday, a neobank hoping to become a leader in the Middle East, Africa and S...
Syndicated Content Mar 06, 2021
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