Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Elon Musk’s Twitter countersuit due by Friday as acrimony grows
By Jonathan Stempel (Reuters) - Twitter Inc and Elon Musk, who are suing each other over the world's richest person's effort to exit their $44 billion merger, couldn't even agree on how much to tell t...
Aug 03, 2022
U.S. Paystand, Mexico’s Yaydoo merge, to offer blockchain platform
MEXICO CITY (Reuters) - Tech startups Paystand and Yaydoo announced on Wednesday a merger to make way for a blockchain platform focused on cash flow management and liquidity solutions to businesses in...
Aug 03, 2022
Coinbase ex-manager pleads not guilty to insider trading charges
NEW YORK (Reuters) -Ishan Wahi, a former product manager at Coinbase Global Inc, pleaded not guilty on Wednesday to wire fraud charges in what U.S. prosecutors called the first insider trading case in...
Aug 03, 2022
U.S. ITC investigates video device makers over alleged patent violations -statement
WASHINGTON (Reuters) - The U.S. International Trade Commission said on Wednesday it would investigate companies including Lenovo and Acer after receiving a complaint they violated U.S. law by selling ...
Aug 03, 2022
Crypto winter may temper fintech earnings
By Manya Saini and Niket Nishant (Reuters) - Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase and Block, as a chill in the cryptocurrency market adds more pain to t...
Aug 03, 2022
Senate bill would hand bitcoin, ether oversight to commodities regulator
By Pete Schroeder WASHINGTON (Reuters) - A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The m...
Aug 03, 2022
Biden to sign bill to boost chipmakers, compete with China Aug. 9 – White House
WASHINGTON (Reuters) - U.S. President Joe Biden next Tuesday will sign a bill to boost American semiconductor chip companies as they compete with China, the White House said on Wednesday. The legislat...
Aug 03, 2022
Robinhood shares jump after brokerage cuts jobs, posts smaller-than-feared loss
By Manya Saini and Hannah Lang (Reuters) -Shares of Robinhood Markets rose more than 12% on Wednesday, a day after the commission-free brokerage announced job cuts and posted a smaller-than-expected q...
Aug 03, 2022
Investors swipe left on Match after Tinder CEO departure, poor forecast
(Reuters) - Match Group Inc was on track to shed a fifth of its value following the sudden departure of its Tinder unit head and a downbeat revenue forecast for the current quarter. The company, which...
Aug 03, 2022
Meme stock traders have a new favorite: Hong Kong’s AMTD Digital
By Bansari Mayur Kamdar and Medha Singh (Reuters) - Shares of AMTD Digital on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech...
Aug 03, 2022
