Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Biden to sign order on $52 billion chips law implementation
By David Shepardson WASHINGTON (Reuters) -President Joe Biden on Thursday will sign an executive order on implementation of the $52.7 billion semiconductor chips manufacturing subsidy and research law...
Aug 25, 2022
Bitcoin Depot to list in the U.S. through $885 million SPAC deal
(Reuters) - Fintech Bitcoin Depot plans to list in the United States by merging with blank check company GSR II Meteora Acquisition Corp in a deal valued at $885 million, the companies said on Thursda...
Aug 25, 2022
Peloton net loss widens amid turnaround efforts
(Reuters) -Peloton Interactive Inc reported a bigger net loss for the fourth quarter on Thursday as costs more than doubled from efforts to restructure its business hit by low demand for its fitness e...
Aug 25, 2022
Singapore’s Grab reports 79% rise in quarterly revenue
(Reuters) - Singapore's Grab Holdings Ltd reported a 79% rise in quarterly revenue on Thursday, powered by a surge in demand for rideshare as offices reopen across Southeast Asia. Revenue for the seco...
Aug 25, 2022
Tesla shares in the limelight as 3-1 stock split kicks in
By Akash Sriram (Reuters) - Tesla Inc's shares take center stage on Thursday after the world's most valuable automaker split its stock for the second time in as many years to woo more retail investors...
Aug 25, 2022
Stellantis plant in Sochaux halted over chip shortage
PARIS (Reuters) - Car production at Stellantis' Sochaux car plant in France will be suspended until Saturday, the company confirmed to Reuters, after a union official cited semiconductor shortages as ...
Aug 25, 2022
China’s Baidu reveals its first quantum computer called Qianshi
BEIJING (Reuters) - Chinese search engine giant Baidu Inc revealed its first quantum computer on Thursday and is ready to make it available to external users, joining the global race to apply the tech...
Aug 25, 2022
Australian BNPL firm Zip annual loss widens as inflation chokes
(Reuters) - Australian buy-now-pay-later (BNPL) firm Zip Co Ltd posted a wider annual loss on Thursday, signalling lacklustre outlook for fintech firms in the wake of soaring inflation. BNPL operators...
Aug 25, 2022
Sony hikes PS5 price on rising interest rates
TOKYO (Reuters) -Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following economic pressures including risin...
Aug 25, 2022
Nvidia predicts third-quarter sales below expectations
(Reuters) - Chip designer Nvidia Corp predicted third-quarter revenue below market expectations on Wednesday, delivering a one-two punch as weak gaming demand led to a 19% sequential decline in second...
Aug 24, 2022
