Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Germany to tighten scrutiny of telecoms network vendors: sources
BERLIN (Reuters) - The German government has agreed in principle to tougher oversight of telecoms network vendors that, while stopping short of a ban on Huawei, will make it harder for the Chinese com...
Sep 30, 2020
EU drafts rules to force big tech companies to share data: FT
(Reuters) - The European Union is preparing to force big technology companies to share their customer data with smaller rivals, the Financial Times reported on Wednesday, citing an early draft of its ...
Sep 30, 2020
Huawei lawyers to respond to prosecution arguments in CFO’s U.S. extradition case
By Moira Warburton and Tessa Vikander VANCOUVER (Reuters) - Lawyers for Huawei Chief Financial Officer Meng Wanzhou will have a chance on Wednesday to respond to arguments made by the Canadian governm...
Sep 30, 2020
Seattle approves minimum pay rate for Uber and Lyft drivers
(Reuters) - The Seattle City Council passed a minimum pay standard for drivers for companies like Uber Technologies Inc and Lyft Inc on Tuesday. Under the ordinance, effective January, the drivers wil...
Sep 29, 2020
Alibaba cloud division to be profitable within FY2021: CFO
HONG KONG (Reuters) - Chinese tech giant Alibaba's cloud unit expects to be profitable within 2021, a senior executive said on Wednesday. Maggie Wu, chief financial officer of Alibaba, made the remark...
Sep 29, 2020
U.S. House Judiciary antitrust report likely to come out as soon as Monday October 5: source
By Nandita Bose WASHINGTON (Reuters) - The U.S. House of Representatives Judiciary Committee's antitrust subcommittee is expected to release a much-anticipated report into antitrust allegations agains...
Sep 29, 2020
U.S. expected to sue Google next week as DOJ seeks support from states
WASHINGTON (Reuters) - The U.S. Justice Department is expected to sue Alphabet's Google as soon as next week, and is currently urging state attorneys general to sign onto the lawsuit, according to thr...
Sep 29, 2020
Palantir value pegged at $15.8 billion ahead of long-awaited NYSE debut
By Joshua Franklin and Abhishek Manikandan (Reuters) - The New York Stock Exchange on Tuesday set a reference price of $7.25 per share for Palantir Technologies Inc, valuing the data analytics company...
Sep 29, 2020
Facebook names Alex Schultz as marketing head
(Reuters) - Facebook Inc is tapping Alex Schultz, a company veteran who runs product growth, analytics and internationalization at the social media giant, as its new chief marketing officer. Schultz, ...
Sep 29, 2020
Micron forecasts first-quarter revenue slightly below estimates
(Reuters) - Micron Technology Inc on Tuesday forecast first-quarter revenue slightly below Wall Street estimates that overshadowed the chipmaker's quarterly revenue and profit beat. The company's shar...
Sep 29, 2020
