Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Indonesia’s GoTo posts net loss, warns of volatile market
JAKARTA (Reuters) - Indonesia's biggest tech company GoTo posted a $954.85 million net loss for the first half of the year on Tuesday, as its CEO flagged volatile markets and souring economic conditio...
Aug 30, 2022
Truth Social android app not approved on Google Play Store – Axios
(Reuters) - Former U.S. President Donald Trump's social media platform Truth Social's android app has not yet been approved for distribution on Alphabet Inc's Google Play Store due to insufficient con...
Aug 30, 2022
U.S. startup SiMa.ai starts shipping machine learning chip and system
By Jane Lanhee Lee (Reuters) - Silicon Valley-based SiMa.ai, a machine learning startup backed by Fidelity Management & Research Company, said on Tuesday it started shipping chips and systems to custo...
Aug 30, 2022
Fintech firm Wise fined $360,000 by Abu Dhabi regulator
DUBAI (Reuters) - The regulator of Abu Dhabi's free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requ...
Aug 30, 2022
Roper Technologies to buy Frontline Education in $3.7 billion deal
(Reuters) - Roper Technologies said on Tuesday it would buy Frontline Education from private equity firm Thoma Bravo in a deal that valued the education software maker at about $3.7 billion, bolsterin...
Aug 30, 2022
Corning to build new Arizona optical cable factory ahead of U.S. broadband push
By David Shepardson WASHINGTON (Reuters) - Corning Inc announced plans on Tuesday to build a new optical cable manufacturing plant in Arizona as the U.S. government moves to award $42 billion to expan...
Aug 30, 2022
Musk sends fresh letter to scrap Twitter deal after whistleblower claims
(Reuters) - Elon Musk has sent an additional letter of deal termination to Twitter Inc after the world's richest person subpoenaed a whistleblower seeking documents on how the social media company mea...
Aug 30, 2022
Analysis-Musk’s bold goal of selling 20 million EVs could cost Tesla billions
By Paul Lienert and Joseph White DETROIT (Reuters) - Tesla Inc Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed - but one ri...
Aug 30, 2022
Indonesia’s GoTo seeks to raise $1 billion via convertible bonds -sources
SINGAPORE (Reuters) - Indonesia's largest tech firm, PT GoTo Gojek Tokopedia Tbk, is seeking to raise about $1 billion through a convertible bond issue, three sources familiar with the matter said on ...
Aug 30, 2022
Baidu beats quarterly revenue estimates
(Reuters) - China's search engine giant Baidu Inc beat quarterly revenue estimates on Tuesday, driven by a recovery in advertising sales and higher demand for its cloud products. Total revenue stood a...
Aug 30, 2022
