Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Dutch export rules on China in focus ahead of ASML results
By Toby Sterling and Stephanie van den Berg AMSTERDAM (Reuters) - Expectations that the Dutch government will further limit sales to China by chip equipment giant ASML Holding NV may overshadow what a...
Jan 20, 2023
Apple appeals investigation by UK competition watchdog
LONDON (Reuters) - Technology giant Apple has filed an appeal against an investigation by Britain's competition watchdog into the dominance of its mobile browsers in the cloud gaming market. Last Nove...
Jan 20, 2023
Indonesia’s Bakrie Group seeks nickel mine, partners up for $9 billion EV project
By Stefanno Sulaiman JAKARTA (Reuters) - Indonesian conglomerate Bakrie & Brothers is looking to acquire a nickel mine in the resource-rich island of Sulawesi to supply a planned integrated industrial...
Jan 20, 2023
Philippine bank at centre of cyber heist appeals New York court loss to Bangladesh
MANILA (Reuters) - A Philippine bank at the centre of an unsolved $81 million cyber heist has appealed a New York Supreme Court decision to dismiss the bank's motion to throw out the Bangladesh centra...
Jan 20, 2023
Factbox-Crypto’s string of bankruptcies
LONDON (Reuters) - The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, the latest company toppled by a market rout last year that wiped about $1.3 trillion o...
Jan 20, 2023
Analysis-Tesla’s price cuts promise more pain for money-losing U.S. EV startups
By Akash Sriram (Reuters) - A price war in electric vehicles started by market leader Tesla Inc has made it much more difficult for money-losing U.S. startups like Rivian Automotive Inc and Lucid Grou...
Jan 20, 2023
Google parent to lay off 12,000 workers – memo
By Jeffrey Dastin (Reuters) -Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the latest to shake the technology sector and come day...
Jan 20, 2023
ABB sells its power conversion division for $505 million
ZURICH (Reuters) - ABB has sold its power conversion business to AcBel Polytech Inc for $505 million, the Swiss engineering and technology company said on Friday. The sale is the last part of ABB's me...
Jan 20, 2023
Intel CEO: new chip plant decision by year-end, not sure to be in Italy – press
MILAN (Reuters) - Intel CEO Pat Gelsinger told Italian daily Corriere della Sera on Friday that Italy was only one of several countries being considered to host a new chip plant, and a decision should...
Jan 20, 2023
Ericsson quarterly earnings miss expectations
STOCKHOLM (Reuters) - Sweden's Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets ...
Jan 20, 2023
