Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
T-Mobile to pay $350 million in settlement over massive hacking
By Jonathan Stempel and Sara Merken (Reuters) - T-Mobile US Inc agreed on Friday to pay $350 million and spend an additional $150 million to upgrade data security to settle litigation over a cyberatta...
Jul 22, 2022
SpaceX whizzes past annual launch record with Starlink mission
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX on Friday broke its record for the number of rockets launched in a calendar year, topping last year's slate of 31 missions amid a whirlwind c...
Jul 22, 2022
Herbert Diess, Volkswagen’s disruptor-in-chief, runs out of road
By Joseph White (Reuters) - Herbert Diess took over at Volkswagen AG four years ago when the German automaker was in crisis, under pressure to make dramatic changes in strategy and culture, and the fo...
Jul 22, 2022
FTX plans partial bailout of bankrupt Voyager’s customers
(Reuters) - FTX said on Friday it was planning to offer Voyager Digital's customers access to some of their funds, the latest relief measure by the Sam Bankman-Fried-led cryptocurrency exchange for th...
Jul 22, 2022
Telmex, union reach agreement to end strike: Mexican labor minister
MEXICO CITY (Reuters) - Union workers and Mexican telecommunications firm Telmex, controlled by the family of tycoon Carlos Slim, reached an accord on Friday to end a strike and restore operations, Me...
Jul 22, 2022
Grocery delivery app Instacart founder Mehta to step down as chairman
(Reuters) -Grocery delivery app Instacart said on Friday founder Apoorva Mehta would step down from his role as chairman once the company goes public. The company added Chief Executive Officer Fidji S...
Jul 22, 2022
Social media stocks slump as Twitter, Snap warn of dire ad spending
(Reuters) - Shares of social media firms fell sharply on Friday as Twitter Inc joined the Snapchat owner in signaling a cutback in digital ad spend as economic growth sputters. Pinterest Inc plunged 7...
Jul 22, 2022
Twitter blames Musk, weak ad market for drop in revenue
(Reuters) -Twitter Inc on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening digital advertising market for a surprise fall in quarterly revenue. The re...
Jul 22, 2022
Reliance Jio reports 24% rise in quarterly profit
BENGALURU (Reuters) - Reliance Jio, the telecom arm of Mukesh Ambani-led conglomerate Reliance Industries, reported a 24% rise in quarterly net profit on Friday, as it added more subscribers. The comp...
Jul 22, 2022
Russian-backed separatists in Ukraine block Google search engine
(Reuters) - Russian-backed separatists in a breakaway region of eastern Ukraine have blocked access to the search engine Google, their leader said on Friday, citing what he calls "disinformation". In ...
Jul 22, 2022
