Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
‘Wave’ of lawsuits over FTX expected, but investors will face legal hurdles
(Fixes typographical error in paragraph 13) By Jody Godoy (Reuters) -A lawsuit by FTX account holders in the United States is likely the first of many that will be brought over billions of dollars in ...
Nov 17, 2022
Crypto lender Genesis had sought emergency loan of $1 billion – WSJ
(Reuters) -Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from investors before it suspended withdrawals on its website, the Wall Street Journal reported on Thursday, citing...
Nov 17, 2022
Democratic U.S. senators accuse Musk of undermining Twitter, urge FTC probe
WASHINGTON (Reuters) - Seven Democratic senators sent a letter on Thursday to the Federal Trade Commission, warning that Twitter, now owned by Elon Musk, was acting in disregard for users and urging t...
Nov 17, 2022
Google agreed to pay $360 million to Activision to stop competition, Epic Games alleges
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google has struck deals with at least 24 big app developers to stop them from competing with its Play Store, including an agreement to pay Act...
Nov 17, 2022
EU secures deal on satellite internet system
BRUSSELS (Reuters) - The European Union has reached a deal on a 6-billion-euro ($6.2 billion) satellite internet system, driven by the bloc's push to boost its own space and communications sectors and...
Nov 17, 2022
Factbox-From Genesis to Voyager, crypto firms’ exposure to FTX is coming to light
(Reuters) - After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. BlockFi and Genesis, two firms with exposure to FTX or i...
Nov 17, 2022
Meta’s WhatsApp makes Brazil a key test market for business messaging
By Katie Paul (Reuters) - Meta Platforms said on Thursday its WhatsApp messaging service will introduce a commercial directory and test a payments tool in Brazil, as it bets on business messaging as a...
Nov 17, 2022
Eight SpaceX employees say they were fired for speaking up against Elon Musk
(Reuters) - Eight former employees of SpaceX have filed unfair labor practice charges against the rocket maker, alleging they were let go for speaking up against CEO and founder Elon Musk. The employe...
Nov 17, 2022
Disabled employee sues Twitter over Musk’s ban on remote work
By Daniel Wiessner (Reuters) - Twitter Inc owner Elon Musk's mandate that employees stop working remotely and put in "long hours at high intensity" discriminates against workers with disabilities, a n...
Nov 17, 2022
Chipmaker Astera Labs valued at over $3 billion after latest fundraise
(Reuters) - Chipmaker Astera Labs said on Thursday it was valued at $3.15 billion following a late-stage funding round led by Fidelity Management & Research, signaling investors' bullishness on the se...
Nov 17, 2022
