Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Apple briefly overtakes Saudi Aramco to become the world’s largest company
(Reuters) - Apple Inc shares surged as much as 7.1% to a record high on Friday after reporting blockbuster quarterly results, helping the iPhone maker briefly overtake Saudi Aramco to become the world...
Jul 31, 2020
Chinese electric vehicle maker Xpeng raises another $300 million, sources say
By Yilei Sun and Brenda Goh SHANGHAI (Reuters) - Chinese electric vehicle (EV) maker Xpeng Motors has raised an additional $300 million from investors including Qatar's sovereign wealth fund, people f...
Jul 31, 2020
SAP, Deutsche Telekom to build corona app gateway for European Commission
By Douglas Busvine BERLIN (Reuters) - The European Commission said on Friday it had signed a contract for SAP and Deutsche Telekom to build a software platform that would enable national coronavirus c...
Jul 31, 2020
Apple loyalists prove physical stores not needed to drive iPhone sales: J.P. Morgan
(Reuters) - Apple customer loyalty and response to the COVID-19 pandemic have proven brick-and-mortar stores are not essential to drive sales of its products, J.P.Morgan said on Friday, as the iPhone ...
Jul 31, 2020
Dish chooses VMware’s cloud platform for building 5G network
STOCKHOLM (Reuters) - U.S. satellite TV provider Dish Network said on Friday it had opted for software maker VMware Inc's telco cloud platform to build its next-generation wireless network. Dish, whic...
Jul 31, 2020
Pinterest beats revenue estimates as users surge during lockdowns
(Reuters) - Image sharing company Pinterest Inc beat Wall Street estimates for second-quarter revenue on Friday, as more users turned to its platform for content to keep them entertained while under c...
Jul 31, 2020
Huawei asks Germany not to shut it out of building 5G networks, Der Spiegel says
BERLIN (Reuters) - Huawei's top manager in Germany has appealed to the government not to shut it out of building 5G mobile networks, Der Spiegel said on Friday, after Britain decided to purge the Chin...
Jul 31, 2020
Exclusive: SenseTime eyes STAR market IPO after $1.5 billion fundraising – sources
By Yingzhi Yang, Kane Wu and Cheng Leng BEIJING/HONG KONG (Reuters) - Chinese start-up SenseTime is considering an initial public offering (IPO) on China's tech-focused STAR market after its latest fu...
Jul 31, 2020
Exclusive: Urged on by central bank, China weighs antitrust probe into Alipay, WeChat Pay – sources
By Keith Zhai and Julie Zhu SINGAPORE/HONG KONG (Reuters) - China's top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues t...
Jul 31, 2020
China rejects accusations of hacking attempt on UK vaccine developer Moderna
BEIJING (Reuters) - China rejected on Friday charges that hackers linked to its government targeted biotech firm Moderna Inc, a leading U.S.-based coronavirus vaccine research developer, to steal data...
Jul 31, 2020
