Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
German ‘insurtech’ Wefox valued at $4.5 billion after latest fund raising
MUNICH (Reuters) - Digital insurance startup Wefox said on Tuesday it had raised $400 million from investors, valuing the "insurtech" business at $4.5 billion. Abu Dhabi state investor Mubadala Invest...
Jul 11, 2022
Taiwan ‘happy’ to see chip investment in EU, wants deeper ties
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) - Taiwan would be "happy" to see its chip firms invest in the European Union but deeper ties with the bloc akin to Taipei's relations with Washington c...
Jul 11, 2022
Rocket booster bursts into flames at SpaceX plant during test firing
(Reuters) - A booster rocket developed by Elon Musk's SpaceX for its next-generation Starship spacecraft burst into flames during a ground-test firing on Monday in Texas, dealing a likely setback to M...
Jul 11, 2022
Hyundai Motor to build first fully dedicated EV factory in S.Korea – union
SEOUL (Reuters) - South Korea's Hyundai Motor Co plans to build its first fully dedicated electric vehicle (EV) factory in South Korea, targeting production by 2025, the automaker's union said on Tues...
Jul 11, 2022
MercadoLibre receives $233 million from Goldman Sachs to expand loans in Brazil, Mexico
SAO PAULO (Reuters) - Argentine online marketplace MercadoLibre Inc said on Monday it received a private financing line of $233 million from Goldman Sachs to expand its credit offer in Brazil and Mexi...
Jul 11, 2022
Canada urges Rogers Communications to compensate customers for massive outage
OTTAWA (Reuters) - Canadian Industry Minister Franois-Philippe Champagne said he told telecom operator Rogers Communications to compensate its customers for a massive recent outage it blamed on a rout...
Jul 11, 2022
Twitter says it has not breached merger agreement with Elon Musk
(Reuters) -Twitter Inc said on Monday it has breached none of the obligations under a merger agreement with Tesla Inc Chief Executive Officer Elon Musk. Musk said on Friday he would seek to end his $4...
Jul 11, 2022
Webb space telescope ready for White House closeup
By Jeff Mason and Steve Gorman WASHINGTON (Reuters) - U.S. President Joe Biden, breaking from political pressures to bask in the glow of the cosmos, was expected on Monday to release the first full-co...
Jul 11, 2022
Lake Resources shares hit by short seller’s lithium tech allegations
(Reuters) - Short seller J Capital Research on Monday alleged that Lake Resources NL's plan to produce lithium in Argentina is based on a process from Lilac Solutions Inc that likely does not work, th...
Jul 11, 2022
Musk’s Tesla stock sale windfall dwarfs Twitter loss
By Noel Randewich and Hyunjoo Jin (Reuters) - Elon Musk's attempt to scrap his purchase of Twitter Inc may leave the world's wealthiest person in a stronger financial position than before he unveiled ...
Jul 11, 2022
