Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Exclusive: TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai – sources
By Yingzhi Yang and Julie Zhu BEIJING/HONG KONG (Reuters) - Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reu...
Jul 31, 2020
Nokia posts surprise second-quarter profit rise ahead of CEO change
HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia reported an unexpected rise in its first-quarter underlying profit on Friday, amid the COVID-19 pandemic as its new chief executive P...
Jul 31, 2020
Tesla battery supplier LG Chem shares jump 10% on upbeat outlook
SEOUL (Reuters) - LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen and others, said on Friday it expects profitability in its battery business to rise in the second half, helping sh...
Jul 30, 2020
Toshiba says shareholders reject activists-backed board nominees in vote
TOKYO (Reuters) - Toshiba Corp shareholders voted down board director nominees backed by two activist funds, the Japanese company said, winning a closely contested proxy fight with two of its major in...
Jul 30, 2020
Twitter says spear-phishing attack on employees led to breach
(Reuters) - Twitter Inc , whose internal systems were breached about two weeks ago, said on Thursday the incident targeted a small number of employees through a phone "spear-phishing" attack. The U.S....
Jul 30, 2020
Huawei, Apple gain bigger share of shrinking China smartphone market
SHENZHEN, China (Reuters) - Huawei Technologies [HWT.UL] and Apple both increased their share of the China smartphone market in the second quarter of 2020, bucking a broader trend as the overall marke...
Jul 30, 2020
SoftBank approves $9.6 billion share buyback
TOKYO (Reuters) - SoftBank Group said on Friday it has approved a 1 trillion yen ($9.6 billion) share repurchase, the final tranche of a record 2.5 trillion buyback that has helped propel its share pr...
Jul 30, 2020
Australia to force Facebook, Google to pay media companies for content
SYDNEY (Reuters) - Australia will force Facebook Inc and Alphabet Inc's Google to pay local media outlets for news content used, Treasurer Josh Frydenberg said on Friday. Frydenberg said the mandatory...
Jul 30, 2020
TikTok sued by rival Triller for patent infringement
By Jonathan Stempel (Reuters) - TikTok, the popular short-form video app, has been sued by rival Triller, which accused it of infringing its patent for stitching together multiple music videos with a ...
Jul 30, 2020
Brazil’s TIM says M&A not only option, plans fiber unit spinoff
By Gabriela Mello SAO PAULO (Reuters) - Brazilian wireless carrier TIM Participacoes SA can thrive even if its joint bid for Oi's mobile assets fails, Chief Executive Pietro Labriola said on Thursday,...
Jul 30, 2020
