Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Samsung Electronics says second quarter profit likely rose 23% on solid chip demand
SEOUL (Reuters) - Samsung Electronics Co Ltd said on Tuesday second-quarter operating profit likely rose 23% as solid chip sales to data centres bulking up in a work-from-home economy during the pande...
Jul 06, 2020
Grindr, dating app valued at $620 million, cleared for small-business loan
By Echo Wang (Reuters) - Grindr, the gay dating app valued at $620 million when it was sold recently by its Chinese owner, was approved for a $1 million to $2 million loan for small businesses sufferi...
Jul 06, 2020
U.S. tech chiefs will testify before House panel on July 27: committee
WASHINGTON (Reuters) - The chief executives of Amazon.com, Apple, Alphabet's Google and Facebook will appear before a U.S. House of Representatives panel on July 27, the committee said in a statement ...
Jul 06, 2020
SoftBank-backed startups among those approved for U.S. paycheck loan program
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - Four technology startups backed by SoftBank Group Corp's $100 billion Vision Fund were among the small companies approved for a U.S. pandemic aid program...
Jul 06, 2020
Clearview AI stops offering facial recognition technology in Canada
By Moira Warburton TORONTO (Reuters) - Clearview AI has said it would no longer offer its facial recognition services in Canada, the country's privacy commissioner announced on Monday, in response to ...
Jul 06, 2020
Uber, Postmates deal would dominate Los Angeles, Miami markets
WASHINGTON (Reuters) - Uber Technologies Inc's plan to buy Postmates Inc could pose problems in Miami and Los Angeles where the two dominate the food delivery market, according to antitrust experts wh...
Jul 06, 2020
Tesla shares surge 10% as strong deliveries drive profit optimism
(Reuters) - Shares of Tesla surged 10% to a record high on Monday, extending their rally to nearly 40% in five sessions after analysts raised their price targets on the electric car maker following it...
Jul 06, 2020
Microsoft interested in buying Warner Bros’ gaming unit: The Information
(Reuters) - Microsoft Corp has expressed interest in buying Warner Bros' gaming unit, The Information reported on Monday, citing two people familiar with the matter. (https://bit.ly/31OVV9x) Warner Br...
Jul 06, 2020
U.S. Supreme Court bolsters law banning ‘robocalls’
By Jan Wolfe WASHINGTON (Reuters) - The U.S. Supreme Court on Monday upheld and strengthened a law banning the broadly unpopular but ubiquitous telemarketing practice known as robocalls, striking down...
Jul 06, 2020
Cambricon to raise $367.8 million in IPO amid Chinese chip fever
SHANGHAI (Reuters) - AI chipmaker Cambricon Technologies Corp said it will raise 2.58 billion yuan ($367.76 million) in its Shanghai initial public offering after pricing the listing at 64.39 yuan a s...
Jul 06, 2020
