Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China encourages foreign capital to set up R&D centres in the country
BEIJING (Reuters) - China issued a notice on Wednesday to encourage foreign investment to set up research and development (R&D) centres in the country, according to a statement by the State Council, o...
Jan 17, 2023
GE, IHI to develop ammonia-based low-carbon gas power turbines
SINGAPORE (Reuters) - General Electric's turbine manufacturing unit said on Wednesday it had agreed with Japan's IHI Corp to develop gas turbines operating on ammonia to reduce carbon dioxide emission...
Jan 17, 2023
Twitter’s revenue down 40% year over year- Platformer reporter
(Reuters) - Twitter's revenue is down 40% year-over-year and its billionaire owner Elon Musk's first giant interest payment on the company is due at the end of January, according to a Platformer repor...
Jan 17, 2023
Shares of Tencent, NetEase rise as China gaming crackdown ends
HONG KONG (Reuters) - Shares of Tencent Holdings, the world's largest gaming company, and smaller rival NetEase Inc rose on Wednesday after China's video games regulator granted the first gaming licen...
Jan 17, 2023
Bankman-Fried says claims made by FTX lawyers ‘misleading’
(Reuters) - FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company's lawyers on Tuesday, saying that they were "extremely misleading" and that FTX U.S. was and is solvent...
Jan 17, 2023
China’s BYD takes cautious approach to U.S. in global EV push
By Norihiko Shirouzu BEIJING (Reuters) - Chinese electric vehicle (EV) giant BYD is embarking on a rapid global expansion to challenge Tesla but for now it's stuck in the slow lane on its rival's home...
Jan 17, 2023
FTX says $415 million in crypto was hacked
By Dietrich Knauth (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen as a result of hacks. Some $323 million i...
Jan 17, 2023
Dutch PM Rutte sees progress in talks on U.S. chip export restrictions
AMSTERDAM (Reuters) - Dutch Prime Minister Mark Rutte on Tuesday said he saw gradual progress in talks over new restrictions the United States wants it to implement on exporting chip-making technology...
Jan 17, 2023
Intel is committed to Germany chip plant, working with government -exec
By Jane Lanhee Lee and Hakan Ersen HALF MOON BAY, Calif/FRANKFURT (Reuters) - U.S. chip giant Intel Corp is committed to building its chip fabrication plant, or fab, in Magdeburg, Germany and is worki...
Jan 17, 2023
Netflix set for slowest revenue growth as ad plan struggles to gain traction
By Eva Mathews (Reuters) - Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. market, whi...
Jan 17, 2023
