Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Analysis-FTX meltdown sparks investor rethink of battered crypto market
By Gertrude Chavez-Dreyfuss and Elizabeth Howcroft NEW YORK/LONDON (Reuters) - A week of turmoil culminating in major crypto exchange FTX filing for bankruptcy has left investors questioning the viabi...
Nov 11, 2022
Facebook parent Meta winding down some non-core hardware projects
(Reuters) - Meta Platforms is exiting its Portal smart display business and will wind down work on smartwatch projects, executives said on Friday during an employee townhall meeting. (Reporting by Par...
Nov 11, 2022
Coinbase to write off investment that its ventures arm made in FTX- source
(Reuters) - Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021, according to a person familiar with the matter. Coinbase had said in a blog ...
Nov 11, 2022
Factbox-Global regulatory actions against FTX
LONDON (Reuters) - FTX filed for U.S. bankruptcy proceedings on Friday, capping a week of turmoil for one of the world's largest cryptocurrency exchanges. FTX and its local units, had already attracte...
Nov 11, 2022
Crypto markets in turmoil over FTX bankruptcy
(Reuters) - Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, after a liquidity crisis that has prompted intervention from regulators around the world....
Nov 11, 2022
Factbox-Sam Bankman-Fried: The crypto mogul whose empire came crashing down
(Reuters) - Sam Bankman-Fried on Friday resigned from his role as chief executive of FTX and the crypto exchange said it will initiate bankruptcy proceedings in the United States, capping off a tumult...
Nov 11, 2022
Orange launches first African 5G network in Botswana
JOHANNESBURG (Reuters) - French telecoms group Orange launched a new 5G network in Botswana on Friday in a first step towards rolling out the high-speed data offering to other markets in the Middle Ea...
Nov 11, 2022
Crypto stocks slide as FTX prepares for bankruptcy proceedings
(Reuters) - Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said it would initiate bankruptcy proceedings in the United States, ...
Nov 11, 2022
ASML CEO: Would not change 2030 growth targets if China excluded
AMSTERDAM (Reuters) - ASML Holding NV, a key supplier to semiconductor manufacturers, would not change its 2030 forecasts much if Chinese chipmakers are unable to expand their capacity beyond current ...
Nov 11, 2022
Exclusive-Tesla mulls exporting China-made EVs to United States-sources
SHANGHAI (Reuters) - Tesla is considering exporting made-in-China electric cars to the United States, two people with knowledge of the planning told Reuters, a reversal that would reflect the automake...
Nov 11, 2022
