Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
EV maker Rivian to cut about 5% of workforce- Bloomberg News
(Reuters) - Electric vehicle maker Rivian Automotive is planning to cut around 5% of its total workforce, Bloomberg News reported on Monday, citing people familiar with the matter. Rivian declined to ...
Jul 11, 2022
Citron’s Left says crypto is a ‘complete fraud’
By Carolina Mandl NEW YORK (Reuters) - Andrew Left, founder of Citron Research and one of the world's best known short-sellers, on Monday described cryptocurrencies as a "fraud." Asked at a conference...
Jul 11, 2022
Senior Biden officials to brief senators on semiconductor chips
By David Shepardson WASHINGTON (Reuters) - Three senior Biden administration officials will brief senators on Wednesday on the global innovation and technology race and a proposed bill to boost U.S. s...
Jul 11, 2022
Exclusive-BC Partners explores $4 billion sale of IT firm Presidio -sources
By Krystal Hu and Chibuike Oguh (Reuters) - Private equity firm BC Partners Ltd is exploring a sale of Presidio Inc, which could value the U.S. information technology provider at more than $4 billion ...
Jul 11, 2022
Canadian payments system Interac says adding backup network supplier after Rogers outage
TORONTO (Reuters) - Canadian online payments service Interac said on Monday it was adding another network provider to its system after an outage at Rogers Communications last week left millions of Can...
Jul 11, 2022
UK watchdog seeks review into government use of WhatsApp, messaging apps
LONDON (Reuters) - Britain should review the use of WhatsApp, private emails and other messaging apps by ministers and government officials after an investigation found "inadequate data security" duri...
Jul 11, 2022
Rogers falls as massive outage raises concerns over C$20 billion Shaw deal
(Reuters) - Shares of Rogers Communications Inc slipped on Monday as analysts voiced concerns over increased risk to the Canadian telecom operator's C$20 billion deal for rival Shaw Communications fol...
Jul 11, 2022
Italy’s watchdog warns TikTok about alleged breach of EU privacy rules
MILAN (Reuters) - Italy's data protection authority has formally warned Chinese-owned short video-sharing app TikTok about an alleged breach of existing EU rules to safeguard users' privacy, the watch...
Jul 11, 2022
Tests in Space: Ericsson, Qualcomm, Thales expand 5G horizon
STOCKHOLM (Reuters) - Swedish telecom equipment maker Ericsson, French aerospace group Thales and U.S. chipmaker Qualcomm plan to work jointly to develop a satellite-driven 5G network to improve terre...
Jul 11, 2022
Twitter slides after Musk’s $44 billion deal falls apart
(Reuters) - Shares of Twitter Inc fell about 6% in premarket trading on Monday as a legal tussle between Elon Musk and the social media company is expected to take center stage after the world's riche...
Jul 11, 2022
