Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Getir says it buys grocery app rival Gorillas in $1.2 billion deal
ISTANBUL (Reuters) -Turkish fast delivery company Getir completed its purchase of German rival Gorillas in a deal worth $1.2 billion that it said put it in a leading position in consolidation in the s...
Dec 09, 2022
Ericsson and Apple end patent-related legal disputes with patent license deal
STOCKHOLM (Reuters) - Swedish telecom equipment group Ericsson said on Friday it had agreed a multi-year global patent license agreement with Apple. "The settlement ends all ongoing patent-related leg...
Dec 09, 2022
SAP to stop developing new functions for Business ByDesign software -Handelsblatt
BERLIN (Reuters) - Software maker SAP will not develop any new functions for its Business ByDesign software for small and medium-sized firms from the second quarter of 2023, German daily Handelsblatt ...
Dec 09, 2022
FTX founder Sam Bankman-Fried ‘willing to testify’ at panel hearing – tweet
(Reuters) -FTX's Sam Bankman-Fried is willing to testify during a panel hearing on Dec. 13, the cryptocurrency exchange's founder said in a tweet on Friday, as regulators investigate his role in the w...
Dec 09, 2022
Paytm surges on buyback plan but analysts flag focus on path to profitability
By Akansha Victor and Sethuraman N R BENGALURU (Reuters) - Paytm's stock surged over 7% on Friday after it announced plans to consider a share buyback, but analysts warned it would not bring long-term...
Dec 09, 2022
China’s Li Auto sees higher deliveries in Q4; third-quarter loss widens
(Reuters) - China's Li Auto Inc on Friday forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management. The electric veh...
Dec 09, 2022
Musk says wise to avoid margin loans during macroeconomic risks
(Reuters) - Tesla Chief Executive Elon Musk said it was "generally wise" to avoid using margin loans on any company when there are macroeconomic risks involved, in response to a question on Twitter ab...
Dec 09, 2022
India’s HCL Tech tumbles 6% after downbeat revenue forecast
BENGALURU (Reuters) - Shares of HCL Technologies Ltd fell as much as 6% on Friday, in their sharpest intraday drop since mid-May, after the IT services firm said it expects revenue for the full year t...
Dec 08, 2022
Australian court dismisses suit against Google over personal data use
(Reuters) -Australia's competition regulator said on Friday its lawsuit against Alphabet Inc's Google that alleged consumers were misled about expanded use of personal data for targeted advertising ha...
Dec 08, 2022
Exclusive-India’s Snapdeal to shelve $152 million IPO amid tech stocks rout
By M. Sriram and Aditya Kalra MUMBAI (Reuters) - SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest ca...
Dec 08, 2022
