Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Economic cost of new EU tech rules could top $100.5 billion, study says
By Foo Yun Chee BRUSSELS (Reuters) - The European Union's plan to rein in U.S. tech giants with new rules could cost the 27-country bloc as much as 85 billion euros ($100.5 billion) in economic growth...
Oct 28, 2020
FBI warning played a role in Facebook downplaying NY Post report, Zuckerberg says
WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday that a warning from the FBI on hack-and-leak operations before the Nov. 3 presidential election played a role in i...
Oct 28, 2020
U.S. antitrust regulator loses bid to revive Qualcomm case
(Reuters) - A U.S. appeals court on Wednesday handed a victory to Qualcomm Inc, declining to reconsider an August decision that dismissed the U.S. Federal Trade Commission's antitrust case against the...
Oct 28, 2020
German watchdog launches new investigation into Amazon: report
FRANKFURT (Reuters) - Germany's anti-trust authority has launched an investigation into Amazon and Apple over possible anticompetitive behaviour, German Frankfurter Allgemeine Zeitung daily reported. ...
Oct 28, 2020
Bezos-backed British startup run by ex-Uber executive is sued for fraud, theft
By Jonathan Stempel (Reuters) - A former Uber Technologies executive who co-founded a British startup backed by billionaire Jeff Bezos has been sued for allegedly stealing trade secrets from a Califor...
Oct 28, 2020
Insurance startup Root falls nearly 4% in Nasdaq debut
(Reuters) - Shares of Root Inc fell nearly 4% in their market debut on Wednesday, marking a weak open for the automobile insurance startup after it raised about $724 million in its initial public offe...
Oct 28, 2020
Twitter says outage in Asia resolved
(Reuters) - Twitter Inc said on Wednesday that services were restored after an internal network issue caused a brief outage for some users in Asian countries. DownDetector.com, a website which monitor...
Oct 28, 2020
Indian parliamentary panel slams Twitter in China map dispute
By Nigam Prusty and Alasdair Pal NEW DELHI (Reuters) - The head of an Indian parliamentary panel accused Twitter of disrespecting New Delhi's sovereignty on Wednesday, after mapping data showed Indian...
Oct 28, 2020
Mobile game startup Scopely raises $340 million
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Mobile game developer and publisher Scopely said on Wednesday it raised $340 million in its latest round of funding, led by Wellington Management and New...
Oct 28, 2020
Amazon’s prep for holiday sales rush, pandemic in focus
By Jeffrey Dastin (Reuters) - Amazon.com Inc on Thursday will announce its latest financial results, and Wall Street wants to know if it can keep up with shoppers' heightened demand during the coronav...
Oct 28, 2020
