Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Watchdog highlights shortcomings in EU rules to curb tech companies
By Foo Yun Chee BRUSSELS (Reuters) - A watchdog has criticised the EU's new rules that aim to curb the power of Alphabet unit Google, Facebook, Apple and Amazon, potentially providing scope for compan...
Dec 21, 2020
Big Tech’s stealth push to influence the Biden administration
By Nandita Bose WASHINGTON (Reuters) - Silicon Valley is working behind the scenes to secure senior roles for tech allies in lesser-known but still vital parts of president-elect Joe Biden's administr...
Dec 21, 2020
Tesla debuts into S&P after frantic Friday trading
(Reuters) - Tesla Inc will on Monday make its much anticipated debut into the benchmark S&P 500 index, after rising to a record high on Friday in a frantic day of trading. The company, headed by billi...
Dec 21, 2020
Tesla’s rise made 2020 the year the U.S. auto industry went electric
By Joseph White DETROIT (Reuters) - Tesla Inc and Wall Street made 2020 the year that the U.S. auto industry decided to go electric. Tesla's market capitalization surged above $600 billion, making the...
Dec 21, 2020
SoftBank-backed face-scan firm rebrands U.S. unit to add distance after blacklisting: sources
By Sam Nussey TOKYO (Reuters) - The U.S. unit of SoftBank-backed robotics startup CloudMinds has changed its name to distance itself from the blacklisted China-based firm, two people with knowledge of...
Dec 20, 2020
Australia regulator chief Sims says Google and Facebook draft laws fair, critical for media future
By Jane Wardell SYDNEY (Reuters) - Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google an...
Dec 20, 2020
Tesla’s Elon Musk asks about converting ‘large transactions’ to bitcoin
By Suzanne Barlyn (Reuters) - Elon Musk on Sunday asked about the possibility of converting "large transactions" of Tesla Inc's balance sheet into bitcoin, according to a Twitter exchange between Musk...
Dec 20, 2020
U.S. lawmakers to back $1.9 billion to replace telecom equipment from China’s Huawei, ZTE – source
By David Shepardson WASHINGTON (Reuters) - U.S. lawmakers are expected to endorse $1.9 billion to fund a program to remove telecom network equipment that the U.S. government says pose national securit...
Dec 20, 2020
Facebook removes anti-vaccine ‘fake news’ in Israel, government says
By Dan Williams JERUSALEM (Reuters) - Facebook has taken down content that spread lies in Israel against coronavirus vaccinations as the government seeks to drum up support for the programme, the Just...
Dec 20, 2020
China could restrict bank tie-ups with fintech platforms, official suggests
BEIJING (Reuters) - China's former finance minister Lou Jiwei suggested that China could restrict the number of banks a single fintech platform can partner with, to prevent any platform from gaining t...
Dec 19, 2020
