Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Russian IT firm Softline mulls Moscow IPO after split from global partner -sources
By Alexander Marrow and Olga Popova MOSCOW (Reuters) - Russian IT company Softline, newly spun off from its global partner, is now considering an initial public offering (IPO) on Moscow Exchange, two ...
Oct 21, 2022
Yellen says chips, research investments will boost U.S. economic capacity
By David Lawder HERNDON, Va. (Reuters) - U.S. Treasury Secretary Janet Yellen said on Friday that domestic investments in semiconductors and research would help reverse a longstanding innovation defic...
Oct 21, 2022
Election disruptions loom as social media giants likely to resist Turkey’s new law
By Jonathan Spicer, Can Sezer and Ali Kucukgocmen ISTANBUL (Reuters) - Social media companies are unlikely to fully abide by Turkey's new law requiring them to remove "disinformation" content and shar...
Oct 21, 2022
Greenlight’s Einhorn optimistic Twitter deal with Musk will close
NEW YORK (Reuters) - Hedge fund manager David Einhorn, whose Greenlight Capital has had a long history with entrepreneur Elon Musk, in a letter on Friday said he expects Musk's deal to buy Twitter Inc...
Oct 21, 2022
Google says India antitrust watchdog’s decision a “major setback”
BENGALURU (Reuters) - Alphabet Inc's Google said on Friday the Indian antitrust watchdog's decision to fine the company 13.38 billion Indian rupees ($161.95 million) for anti-competitive practices was...
Oct 21, 2022
Verizon profit drops 23% as pricier plans result in subscriber loss
By Eva Mathews (Reuters) - Verizon Communications Inc posted a 23% slide in third-quarter profit and missed market estimates for wireless subscriber additions on Friday, as several customers opted for...
Oct 21, 2022
Chinese battery giant CATL profit jumps as it ramps up output
SHANGHAI (Reuters) - China's CATL, the world's largest electric vehicle (EV) battery maker, said on Friday its third-quarter profit nearly tripled year-on-year, buoyed by rapid expansion in production...
Oct 21, 2022
Google, Netflix under scrutiny in South Korea over network fees
By Joyce Lee SEOUL (Reuters) - South Korea's parliament saw heated debate on Friday over proposed legislation to make global content providers such as Netflix and Alphabet's Google pay South Korean ne...
Oct 21, 2022
Snap crashes, drags peers, as dire forecast sparks ad growth fears
(Reuters) - Shares of Snap Inc sank about 25% before the bell on Friday, after the owner of photo messaging app Snapchat forecast zero revenue growth for the current quarter, triggering a slide in oth...
Oct 21, 2022
Telia cuts outlook as soaring energy costs eat into profit
By Supantha Mukherjee STOCKHOLM (Reuters) -Swedish telecom operator Telia on Friday trimmed its outlook for 2022 and 2023 citing high electricity costs that eroded its quarterly profit and said it exp...
Oct 21, 2022
