Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Rogers CEO says Shaw deal would allow more money for network resiliency
OTTAWA (Reuters) - A combined Rogers Communications and Shaw Communications Inc would be able to invest in the resiliency of telecom networks at a level that neither company can do alone, Rogers Chief...
Jul 25, 2022
Exclusive: U.S. Energy Department set to loan GM battery joint venture $2.5 billion
By David Shepardson WASHINGTON (Reuters) - The U.S. Energy Department on Monday plans to announce it intends to loan a joint venture of General Motors Co and LG Energy Solution $2.5 billion to help fi...
Jul 25, 2022
Silk-FAW confirms plan to build electric sports cars in Italy
MILAN (Reuters) - Silk-FAW, a start-up between U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW, said on Monday it would press ahead with a one-billion euro ($1.02 billion...
Jul 25, 2022
Biden to hold virtual meeting with CEOs on chips legislation
WASHINGTON (Reuters) - President Joe Biden will meet virtually on Monday with the chief executives of Lockheed Martin Corp, Medtronic PLC and Cummins Inc along with labor leaders as part of the admini...
Jul 25, 2022
Bankrupt Voyager rebuffs Sam Bankman-Fried’s “low-ball bid”
(Reuters) - Bankrupt crypto lender Voyager Digital said a recent joint proposal from FTX and Alameda Ventures was a "low-ball bid dressed up as a white knight rescue" and alleged the plan would disrup...
Jul 25, 2022
Biden to hold meeting on semiconductor bill, White House says
WASHINGTON (Reuters) - President Joe Biden will meet virtually with chief executive officers and labor leaders on Monday as part of his administration's latest push for legislation to boost the U.S. s...
Jul 25, 2022
Redwood Materials plans to spend $3.5 billion on battery-materials factory in Nevada – WSJ
(Reuters) - Redwood Materials, founded by former Tesla Inc executive J.B. Straubel, plans to spend $3.5 billion on a battery-materials factory in northwest Nevada, the Wall Street Journal reported on ...
Jul 25, 2022
Brazil’s XP Inc to open crypto platform to clients in August
By Paula Arend Laier SAO PAULO (Reuters) - Brazilian brokerage XP Inc expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans ...
Jul 25, 2022
Tesla gets subpoena over Musk’s 2018 go-private tweets – filing
(Reuters) - Tesla Inc received a subpoena from the Securities and Exchange Commission on June 13 related to Chief Executive Elon Musk's tweets on taking the company private in 2018, the electric autom...
Jul 25, 2022
Foxconn operating normally in China’s Shenzhen
TAIPEI (Reuters) - Electronics maker Foxconn said on Monday operation was normal at its campus in China's manufacturing hub of Shenzhen and that the company will follow government guidelines to ensure...
Jul 25, 2022
