Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Mexico’s America Movil projects $8 billion to $8.2 billion investment in 2023
MEXICO CITY (Reuters) - Mexican telecommunications firm America Movil expects to invest between $8 billion and $8.2 billion in 2023, which includes radio-frequency concessions, fiber-optic network exp...
Feb 15, 2023
Factbox-Tesla CEO Musk signals Part 3 of Master Plan is ready
(Reuters) - Tesla Inc Chief Executive Elon Musk promises to unveil a third part of his Master Plan on March 1, in which he has set out bold goals for growth of the electric-car maker. PART I (2006) - ...
Feb 15, 2023
Celsius Network chooses NovaWulf bid for bankruptcy exit
By Dietrich Knauth (Reuters) - Crypto lender Celsius Network will seek to exit bankruptcy under the guidance of asset manager NovaWulf Digital Management, which will take over the operations of a new ...
Feb 15, 2023
Italian banks to cut 27% of branches over next 7 years, Deloitte says
MILAN (Reuters) - The number of bank branches in Italy is set to shrink to around 16,000 in 2029 from 22,000 last year, consultancy Deloitte said on Wednesday, as customers increasingly embrace digita...
Feb 15, 2023
FTX customers sue financiers for giving bankrupt crypto exchange an ‘air of legitimacy’
By Jonathan Stempel (Reuters) - Former customers of Sam Bankman-Fried's FTX have sued three venture capital and private equity firms, accusing them in a proposed class action of fraudulently promoting...
Feb 15, 2023
Cable maker Credo slumps on forecast hit as top customer cuts orders
(Reuters) - Credo Technology Group Holding forecast fourth-quarter revenue well below estimates on Tuesday following a cut in orders from the cable maker's largest customer, sending its shares down as...
Feb 15, 2023
FTX bankruptcy judge rejects call for new investigation into crypto exchange’s collapse
By Dietrich Knauth (Reuters) -A U.S. bankruptcy judge on Wednesday denied calls for a new, independent investigation into the collapse of crypto exchange FTX, saying that the proposed investigation wo...
Feb 15, 2023
Carmaker Stellantis to open software development hub in Poland
MILAN (Reuters) - Stellantis said on Wednesday it will open a new software development hub near a manufacturing plant in Poland, staffing it with up to 300 people in the south-western city of Gliwice....
Feb 15, 2023
Amazon’s VC arm leads $20 million funding at entertainment firm Superplastic
(Reuters) - Entertainment company Superplastic said on Wednesday it had raised $20 million in a funding round led by the venture capital arm of Amazon.com Inc as it looks to expand its universe of dig...
Feb 15, 2023
Fintech threat to big banks fizzled in 2022 as rates rose – report
By Hannah Lang (Reuters) - The competitive threat of financial technology companies to big banks diminished over the past year as rising interest rates constricted funding, a new report from Moody's I...
Feb 15, 2023
