Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Redwood Materials to supply cathode material to Panasonic U.S. battery plant
By Paul Lienert (Reuters) - Panasonic Corp will buy remanufactured battery cathode material from Redwood Materials, beginning in 2025, for the Japanese battery maker's new Kansas plant, the companies ...
Nov 15, 2022
China’s BYD scraps plan to spin off semiconductor firm for listing
HONG KONG (Reuters) - Chinese automaker BYD Co Ltd's on Tuesday said it has scrapped plans to list its chip unit in China, according to a filing on Shenzhen stock exchange. The termination of the plan...
Nov 15, 2022
Meta’s India public policy director, WhatsApp country head quit
NEW DELHI (Reuters) - WhatsApp's India head Abhijit Bose and the director of public policy for Meta in India, Rajiv Aggarwal, have resigned, a Meta spokesperson said on Tuesday. The company has appoin...
Nov 15, 2022
Exclusive: Activist Impactive eyes proxy fight at Envestnet amid sluggish stock price
By Svea Herbst-Bayliss NEW YORK (Reuters) - An activist investor with a large stake in Envestnet Inc. plans to ask for board seats to push the financial technology company to improve its stock price b...
Nov 15, 2022
Canada’s Bitvo ends acquisition deal with bankrupt crypto exchange FTX
(Reuters) - Canadian crypto exchange Bitvo said on Tuesday it had terminated its deal to be bought by FTX, which filed for bankruptcy last week. Bitvo also said it had no material exposure to FTX or a...
Nov 15, 2022
Tuvalu turns to the metaverse as rising seas threaten existence
By Lucy Craymer (Reuters) - Tuvalu said on Tuesday it plans to build a digital version of itself, replicating islands and landmarks and preserving its history and culture as rising sea levels threaten...
Nov 15, 2022
Continental investigates cyberattack after report says data up for sale
BERLIN (Reuters) - Continental on Tuesday said it was investigating the theft of company data in a cyberattack but declined to comment on media reports that hackers had put the information up for sale...
Nov 15, 2022
Japan unicorn Opn buys MerchantE to enter U.S. online payment sector
TOKYO (Reuters) - Digital payments processor Opn, a rare Japanese unicorn, or startup worth more than $1 billion, said on Tuesday it had acquired MerchantE from U.S. investment firm Integrum Holdings,...
Nov 15, 2022
Bahamas financial regulators appoint liquidators for FTX unit
(Reuters) - Financial regulators in the Bahamas on Monday appointed liquidators to run FTX's unit in the country, just days after authorities said they were looking for any "criminal misconduct" by th...
Nov 15, 2022
China’s Tencent starts new round of layoffs -sources
By David Kirton and Josh Ye SHENZHEN, China/HONG KONG (Reuters) - Chinese tech giant Tencent Holdings has begun a new round of job cuts targeted at its video streaming, gaming and cloud units, four so...
Nov 15, 2022
