Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Rivian will address layoffs, restructuring at Friday meeting
By Paul Lienert (Reuters) - Electric truck maker Rivian Automotive will brief employees on Friday on potential layoffs and plans to suspend some programs as part of a broader restructuring, Chief Exec...
Jul 12, 2022
Netflix in talks with Hollywood studios for new tier with ads – WSJ
(Reuters) - Netflix Inc is looking to tweak its programming deals with Hollywood studios to enable the streaming pioneer's launch of an advertising-supported version of its service, the Wall Street Jo...
Jul 12, 2022
Crypto hedge fund Three Arrows’ liquidators get OK to claim U.S. assets
By Dietrich Knauth (Reuters) - Liquidators for crypto hedge fund Three Arrows Capital (3AC) obtained U.S. court permission on Tuesday to issue subpoenas and lay claim to the bankrupt Singapore-based c...
Jul 12, 2022
Sinch sees Q2 earnings hit as one-off, rejects short-seller’s criticism
By Marie Mannes and Izabela Niemiec (Reuters) - Swedish cloud communication services provider Sinch AB said on Tuesday it expected no further adjustments after reporting a hit to its second-quarter ea...
Jul 12, 2022
U.S., Japanese insurers back autonomous vehicle firm May Mobility
By Joseph White DETROIT (Reuters) - U.S. auto insurer State Farm and Japanese insurance company Tokio Marine have joined in a $111 million funding round for autonomous vehicle technology startup May M...
Jul 12, 2022
Goldman hires Google exec to co-head applied innovation unit – memo
NEW YORK (Reuters) - Goldman Sachs has hired Jared Cohen, who founded technology incubator Jigsaw at Google, to co-head its newly created applied innovation unit, an internal memo showed, as the Wall ...
Jul 12, 2022
Software maker SingleStore hits unicorn status after Goldman-led fundraise
(Reuters) - Software maker SingleStore said on Tuesday it had raised $116 million in a funding round led by Goldman Sachs Asset Management, propelling it to unicorn status. The company did not disclos...
Jul 12, 2022
Carl Pei’s Nothing launches maiden smartphone
STOCKHOLM (Reuters) - Swedish tech entrepreneur Carl Pei launched the first smartphone from his new company Nothing on Tuesday, hoping to crack a fiercely competitive market with new features. Pei co-...
Jul 12, 2022
TikTok delays changes to privacy policy on targeted ads in Europe
MILAN (Reuters) -TikTok is suspending privacy policy changes relating to how it targets advertising at users after a warning in Italy that it risked breaching European Union rules. TikTok had told use...
Jul 12, 2022
Brazilian ride-hailing app 99 to test electric car with China’s BYD
SAO PAULO (Reuters) - Brazilian ride-hailing app 99 said on Tuesday it had signed a partnership with Chinese electric vehicle manufacturer BYD to start testing an electric car developed for the app's ...
Jul 12, 2022
