Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Vice Media Group files for Chapter 11 protection to facilitate sale
(Reuters) - Vice Media Group, the company popularly known for its websites such as Vice and Motherboard, said on Monday it had filed for Chapter 11 protection to facilitate its sale. The company said ...
May 15, 2023
US DOJ to crackdown on crypto exchanges, NCET director says – FT
(Reuters) - The U.S. cryptocurrency enforcement tsar has said that the country was stepping up scrutiny of crypto exchanges to target illicit behavior on the platforms, the Financial Times reported on...
May 15, 2023
Apple supplier Foxconn to invest $500 million in India’s Telangana state
BENGALURU (Reuters) - Apple supplier Foxconn will invest $500 million in the southern Indian state of Telangana, the state's IT minister said on Monday. (Reporting by Chris Thomas in Bengaluru; Editin...
May 15, 2023
Exclusive-Kioxia, Western Digital speed up merger talks as memory chip demand slumps -sources
By Maki Shiraki and Makiko Yamazaki TOKYO (Reuters) - Kioxia Holdings Corp and Western Digital Corp are speeding up merger talks and nailing down a deal structure, two sources with direct knowledge of...
May 15, 2023
Australia’s Aristocrat Leisure to buy software firm NeoGames for $1 billion
(Reuters) - Australia's Aristocrat Leisure on Monday said it has entered a deal to acquire Israel-based software firm NeoGames S.A. for $1.0 billion as the gambling machine maker seeks to expand its o...
May 14, 2023
Samsung Elec, Tesla heads meet to discuss cooperation in high-tech
SEOUL (Reuters) - Samsung Electronics Executive Chairman Jay Y. Lee met with Tesla CEO Elon Musk last Wednesday to discuss ways to cooperate in future high-tech industries, Samsung said on Sunday. The...
May 14, 2023
New Twitter CEO says she is excited to help to transform Twitter
(Reuters) - Newly appointed Twitter CEO Linda Yaccarino said in a tweet on Saturday that she has been inspired by owner Elon Musk's vision to create a brighter future and is excited to help to transfo...
May 13, 2023
Former ByteDance executive says he was dismissed for flagging illegal activity
(Reuters) - A former head of engineering at Bytedance in the United States has said the company discharged him after he voiced concern to management that it was taking user content from other platform...
May 12, 2023
China’s Oppo to shut down chip design unit as smartphone sales slump
SHANGHAI (Reuters) - Chinese smartphone maker Oppo said it will shut down its chip design unit, citing uncertainties in the global economy and the smartphone industry. The company, one of China's best...
May 12, 2023
Stellantis, LGES implementing ‘contingency plans’ for battery plant in Canada
OTTAWA (Reuters) - Automaker Stellantis and South Korea's LG Energy Solution (LGES) are implementing "contingency plans" related to a more-than C$5 billion battery plant investment plan in Canada beca...
May 12, 2023
