Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Chinese online tutor Zuoyebang seeks $600-$800 million at $6.5 billion valuation: sources
By Yingzhi Yang and Kane Wu BEIJING/HONG KONG (Reuters) - Online tutoring start-up Zuoyebang is in talks to raise $600-800 million in a new funding round as the coronavirus pandemic encourages investo...
Syndicated Content Jun 05, 2020
Toyota to launch hydrogen fuel cell venture with Chinese auto firms
SHANGHAI (Reuters) - Japanese automaker Toyota Motor Corp said on Friday it would launch a new China joint venture with Chinese auto companies to develop fuel cell systems. Toyota said it will launch ...
Syndicated Content Jun 05, 2020
China says social media firms should not selectively create obstacles for media
BEIJING (Reuters) - China said on Friday that social media companies should not selectively create obstacles for media agencies, responding to Facebook Inc's decision to start labeling state-controlle...
Syndicated Content Jun 05, 2020
Virtual certainty? Bankers ask if success of remote roadshows will last
By Scott Murdoch and Joshua Franklin HONG KONG/NEW YORK (Reuters) - Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on th...
Syndicated Content Jun 05, 2020
TikTok owner ByteDance shuts down overseas news aggregator TopBuzz
By Yingzhi Yang and Brenda Goh BEIJING/SHANGHAI (Reuters) - ByteDance, owner of the global hit short-video app TikTok, has shut down its artificial-intelligence-based news aggregator TopBuzz, one of t...
Syndicated Content Jun 05, 2020
Australia fines Sony $2.4 million for refusing refunds on faulty PlayStation games
(Reuters) - A court has ruled that a unit of Japan's Sony Corp broke the consumer law by denying customers refunds for faulty PlayStation games and ordered the company to pay a A$3.5 million ($2.4 mil...
Syndicated Content Jun 05, 2020
GM Cruise tries to poach Zoox engineers as company for sale
By Jane Lanhee Lee (Reuters) - Self-driving technology company Cruise, a unit of General Motors Co's , is trying to poach engineers from struggling rival Zoox Inc, according to an email sent to Zoox e...
Syndicated Content Jun 05, 2020
Expecting a spike in bitcoin? Investors say it may take time
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors expecting a sudden surge in bitcoin's price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coi...
Syndicated Content Jun 05, 2020
Singapore plans a coronavirus contact tracing device for all to wear
SINGAPORE (Reuters) - Singapore plans to soon launch a wearable device for novel coronavirus contact tracing that, if successful, it will distribute to all of its 5.7 million residents, the government...
Syndicated Content Jun 04, 2020
Toshiba expects drop of 15.7% in annual profit, limited coronavirus impact
TOKYO (Reuters) - Toshiba Corp expects annual operating profit to drop 15.7%, it said on Friday, as a recent portfolio overhaul helps the industrial conglomerate limit the impact of the coronavirus ou...
Syndicated Content Jun 04, 2020
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