Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Wirecard slides again after short seller demands CEO’s head
BERLIN (Reuters) - Shares in Wirecard slumped again on Wednesday as a prominent short seller demanded the sacking of CEO Markus Braun after a special audit of the German payments company was unable to...
Apr 29, 2020
Despite online ads slump from coronavirus, Facebook sales poised to hold steady
By Katie Paul SAN FRANCISCO (Reuters) - Facebook Inc ad sales appear to have ticked up since late March, offering investors reason for optimism even as decimated advertising budgets from the coronavir...
Apr 29, 2020
Google makes Meet video conferencing free to all users, challenging Zoom
By Paresh Dave OAKLAND, California (Reuters) - Alphabet Inc's Google on Wednesday said any user will soon be able to host free video conferences on Meet, turning its previously business-only tool into...
Apr 29, 2020
Exclusive: Amazon turns to Chinese firm on U.S. blacklist to meet thermal camera needs
By Krystal Hu and Jeffrey Dastin NEW YORK/SAN FRANCISCO (Reuters) - Amazon.com Inc has bought cameras to take temperatures of workers during the coronavirus pandemic from a firm the United States blac...
Apr 29, 2020
Headset, webcam sales boom at GN Store Nord, but profits drop
COPENHAGEN (Reuters) - Sales at GN Store Nord's audio business jumped in the first quarter as demand for headsets and webcams from locked down workers soared, and the Danish company said the boom woul...
Apr 29, 2020
Electric vehicle maker Nio says new China entity to draw investment of 7 billion yuan
BEIJING (Reuters) - Strategic investors will inject 7 billion yuan ($989 million) into Nio China, a new entity controlled by Chinese electric vehicle maker Nio Inc, the firm said on Wednesday. In a st...
Apr 29, 2020
SK Innovation to start building second EV battery plant in United States
SEOUL (Reuters) - South Korea's SK Innovation Co Ltd, a supplier for Volkswagen and Ford Motors, will spend $727 million to build its second electric vehicle (EV) battery plant in the United States, t...
Apr 29, 2020
Austria’s AMS expects impact from coronavirus in second quarter to be limited
VIENNA (Reuters) - Sensor specialist AMS said on Wednesday it expects the impact from the coronavirus in the second quarter to be limited, as it reported first-quarter revenues within the upper half o...
Apr 29, 2020
Samsung Elec expects second-quarter profit fall as virus hits sales of smartphones, TVs
By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smar...
Apr 28, 2020
Uber tech chief Thuan Pham steps down
(Reuters) - Uber Technologies Inc's Chief Technology Officer Thuan Pham has resigned, effective May 16, the ride-hailing company said in a regulatory filing https://bit.ly/2SiLDZB on Tuesday. Pham, wh...
Apr 28, 2020
