Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Italy wrestles with antitrust loophole that could save Amazon a packet
By Alvise Armellini ROME (Reuters) - Italy's competition watchdog AGCM is trying to close a legal loophole that has allowed several companies to evade antitrust fines and may help Amazon in an ongoing...
May 11, 2023
UK restricts Microsoft, Activision from buying interest in each other
LONDON (Reuters) - Britain's competition regulator has published an interim order restricting Microsoft and Activision from acquiring an interest in each other without its consent, weeks after it bloc...
May 11, 2023
Electric vehicle maker Polestar lowers production guidance, cuts jobs
STOCKHOLM (Reuters) - Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and would cut headcount by 10%, citing a delayed production start for it...
May 11, 2023
Analysis-Liftoff: Modi’s space push for India counts on private players
By Nivedita Bhattacharjee BENGALURU (Reuters) - Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold ...
May 11, 2023
Exclusive-Pakistan point-of-sale payments slump nearly 50% after protest violence
By Ariba Shahid KARACHI, Pakistan (Reuters) - Point-of-sale transactions routed through Pakistan's main digital payments system fell by nearly 50% the day after former Prime Minister Imran Khan's arre...
May 11, 2023
China’s JD.com beats estimates for quarterly revenue
(Reuters) -JD.com Inc, beat Wall Street estimates for first-quarter revenue on Thursday, driven by resilient demand for its e-commerce platform from online shoppers. U.S.-listed shares of the Beijing-...
May 11, 2023
Tokyo Electron expects profit dip as chipmakers slow investment
TOKYO (Reuters) - Tokyo Electron Ltd, Japan's leading maker of semiconductor manufacturing tools, on Thursday forecast its profit to dip by more than a third from a record high as its customers slowed...
May 11, 2023
Russia fines Google over ‘LGBT propaganda’ and ‘false information’ – agencies
MOSCOW (Reuters) - A Russian court fined Alphabet's Google 3 million roubles ($38,600) on Thursday for failing to delete YouTube videos it said promoted "LGBT propaganda" and "false information" about...
May 11, 2023
EU lawmakers’ committees agree to tougher draft AI rules
BRUSSELS (Reuters) - Key EU lawmakers on Thursday agreed on some amendments in draft rules on artificial intelligence to rein in generative AI such as ChatGPT while a proposed ban on facial surveillan...
May 11, 2023
Strong U.S. demand and AI helps Sorrell’s S4 to navigate tougher environment
LONDON (Reuters) - Martin Sorrell's S4 Capital said artificial intelligence (AI) was helping the advertising group to become more efficient and navigate pressure from clients seeking to cut costs. S4,...
May 11, 2023
