Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Bankrupt crypto lender Voyager Digital predicts 35% customer payout
By Dietrich Knauth NEW YORK (Reuters) - Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds down its operations aft...
May 17, 2023
Silver Lake submits offer document for Software AG
BERLIN (Reuters) - Silver Lake officially submitted its offer document for Software AG on Wednesday, almost a month after announcing a 2.4 billion euro ($2.64 billion) takeover bid. The financial inve...
May 17, 2023
IQE’s annual revenue falls 2% on weak orders
(Reuters) - British chip components maker IQE Plc reported a 2% drop in its annual revenue on Wednesday, hit by reduced orders amid weak demand for consumer electronics. Revenue on a constant currency...
May 17, 2023
Meta to face record EU privacy fine over Facebook data transfer to US
By Foo Yun Chee and Padraic Halpin (Reuters) - Meta Platforms Inc is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to U.S. servers for failing to com...
May 17, 2023
Bankman-Fried faces long odds of tossing charges despite Supreme Court decision
By Luc Cohen NEW YORK (Reuters) - FTX founder Sam Bankman-Fried is hoping a recent Supreme Court decision limiting the scope of fraud prosecutions will bolster his defense as he fights charges stemmin...
May 17, 2023
Exclusive-Big Tech accounting for over 5% of traffic should pay for EU’s 5G rollout – telcos
By Supantha Mukherjee and Elvira Pollina STOCKHOLM/MILAN (Reuters) - Technology companies which account for more than 5% of a telecoms provider's peak average internet traffic should help pay for the ...
May 17, 2023
ServiceNow targets enterprise-software startups with $1 billion investment in venture arm
(Reuters) - Cloud-computing firm ServiceNow Inc said on Wednesday it would invest $1 billion in its venture arm by 2026 to back enterprise software-focused startups in artificial intelligence and auto...
May 17, 2023
Ripple buys crypto custody firm Metaco for $250 million
By Elizabeth Howcroft LONDON (Reuters) - U.S. crypto firm Ripple has bought Switzerland-based crypto custody firm Metaco for $250 million, in its first major acquisition, Ripple said on Wednesday. Met...
May 17, 2023
Tesla proposes new EV plant in India for domestic sales, exports -source
By Aditya Kalra NEW DELHI (Reuters) -Tesla Inc has proposed setting up a factory in India to build electric cars for domestic sale and export, the carmaker told government officials on Wednesday, acco...
May 17, 2023
Broadcom offered interoperability remedies to address EU antitrust concerns over VMware deal -sources
BRUSSELS (Reuters) - Broadcom has has offered interoperability remedies in an attempt to address EU antitrust concerns about its $61 billion bid for VMware, people familiar with the matter said. Broad...
May 17, 2023
