Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Siemens posts better than expected Q4 industrial profit
ZURICH (Reuters) - Siemens posted a better than expected fourth quarter profit at its industrial business on Thursday and said strong demand continued for its factory hardware and software. The German...
Nov 17, 2022
Chip giant Taiwan eyes bigger tax breaks for tech R&D to retain competitive edge
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) - Taiwan's government on Thursday proposed larger tax breaks for technology companies' research and development efforts as it seeks to provide further su...
Nov 16, 2022
Blackstone to take majority stake in India’s R Systems
(Reuters) - Blackstone Inc said on Thursday it will buy a 52% stake in Indian technology and analytics services company R Systems International Ltd for $359 million. Blackstone will launch a condition...
Nov 16, 2022
Twitter’s ex-CEO Jack Dorsey says will not retake role
(Reuters) - Former Chief Executive Officer of Twitter Jack Dorsey said on Wednesday that he will not accept the position of CEO of Twitter. When asked by a Twitter user if he would accept the position...
Nov 16, 2022
Indonesia orders exchanges to stop trading FTX tokens – regulator
JAKARTA (Reuters) - Indonesia has ordered crypto exchanges in the country to stop trading the FTX tokens following its bankruptcy filing in U.S. court, the sector's regulator said in a statement Thurs...
Nov 16, 2022
Blizzard to suspend game services in China as NetEase licence ends
(Reuters) - Activision Blizzard's game development and publishing unit said on Thursday it would be suspending most Blizzard game services in mainland China, as its current licensing agreements with N...
Nov 16, 2022
Singapore’s Temasek writes down $275 million investment in FTX
(Reuters) - Singapore's state investor Temasek Holdings said on Thursday it will write down the value of its full investment in collapsed cryptocurrency exchange FTX, irrespective of outcome of its ba...
Nov 16, 2022
Coinbase CFO says full contagion impact of FTX collapse still to show – WSJ
(Reuters) - The full extent of the fallout on the crypto industry from the collapse of Sam Bankman-Fried's FTX was yet to come out, Coinbase Global Inc Chief Financial Officer Alesia Haas told the Wal...
Nov 16, 2022
Explainer-What’s next in FTX’s bankruptcy
By Dietrich Knauth (Reuters) - Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its precipitous collapse, saying it could owe money to more than ...
Nov 16, 2022
Nvidia forecasts fourth-quarter revenue below expectations
(Reuters) - Chip designer Nvidia Corp forecast fourth-quarter revenue below estimates on Wednesday on worries that a weakened gaming market and tightening enterprise spending amid recessionary fears c...
Nov 16, 2022
