Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Ant Group to close institutional book of $17.2 billion Hong Kong IPO early: sources
By Scott Murdoch HONG KONG (Reuters) - Ant Group will close its Hong Kong institutional book building a day earlier than planned as it aims to raise about $17.2 billion in the city, according to three...
Oct 26, 2020
China’s NEV sales to account for 50% of all new sales by 2035, industry body says
SHANGHAI (Reuters) - Sales of new energy vehicles (NEV) will make up 50% of overall new car sales in China, the world's biggest auto market, by 2035, an industry official said on Tuesday. The influent...
Oct 26, 2020
U.S. appeals court rejects immediate WeChat ban
(Reuters) - A U.S. appeals court on Monday rejected a Justice Department request that it allow the government to immediately ban Apple Inc and Alphabet Inc's Google from offering Tencent's WeChat for ...
Oct 26, 2020
Samsung Display gets U.S. licenses to supply some panels to Huawei: source
SEOUL (Reuters) - Samsung Electronics' display unit has received licenses from U.S. authorities to continue supplying certain display panel products to Huawei Technologies [HWT.UL], a source familiar ...
Oct 26, 2020
Judge sets first hearing in U.S. Google antitrust lawsuit
WASHINGTON (Reuters) - U.S. District Judge Amit Mehta on Monday set a status hearing on the Justice Department's antitrust lawsuit against Alphabet Inc's Google for Friday. The Justice Department last...
Oct 26, 2020
Twilio posts surprise profit on remote-work boost
(Reuters) - Twilio Inc on Monday posted a surprise third-quarter profit and forecast sales above estimates for the fourth, as a switch to remote working and learning due to the COVID-19 pandemic boost...
Oct 26, 2020
U.S. ITC delays decision on LG Chem, SK Innovation trade secret case
By David Shepardson and Heekyong Yang WASHINGTON/SEOUL (Reuters) - The United States International Trade Commission (ITC) on Monday delayed a decision in a trade secrets case involving South Korean ba...
Oct 26, 2020
Brazil’s Caixa mulls U.S. IPO of its digital bank
SAO PAULO (Reuters) - Brazil's state-owned lender Caixa Economica Federal is planning an initial public offering of its the newly created 'digital' arm in the U.S. as soon as next year, Chief Executiv...
Oct 26, 2020
EU’s Vestager working on criteria to define market influence
By Foo Yun Chee BRUSSELS (Reuters) - The EU plans to set out criteria specifying the kind of dominant companies that will face tougher rules, Europe's antitrust chief said on Monday, in a move that wi...
Oct 26, 2020
Exclusive: In fight with Amazon, India’s Future Retail sees liquidation if Reliance deal fails
By Aditya Kalra NEW DELHI (Reuters) - India's Future Retail Ltd (FRL) will go into liquidation if its deal to sell assets to Reliance Industries fails, the group told a Singapore arbitrator while argu...
Oct 26, 2020
