Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Telecom Italia looking at network valuation of at least 25 billion euros-sources
MILAN (Reuters) - Telecom Italia (TIM) is looking to fetch a valuation of at least 25 billion euros ($26 billion) including debt for its grid under a plan to separate its fixed-line assets from its se...
Jul 05, 2022
ASML shares fall on report US wants to restrict sales to China
AMSTERDAM (Reuters) - Shares in ASML Holding, a key supplier of equipment to semiconductor makers, fell on Tuesday following a Bloomberg News report that the U.S. government wanted to restrict the com...
Jul 05, 2022
Russian lawmakers approve harsher fines for foreign tech firms without offices
MOSCOW (Reuters) - Russian lawmakers on Tuesday approved a bill providing for stricter penalties for foreign internet companies that fail to open an office in Russia, including fines. Moscow has long ...
Jul 05, 2022
Japan’s MUFG to start buying chips to ease burden of inventory strain – Nikkei
TOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc will launch a new company that will temporarily buy up companies' inventories, including semiconductors, to ease the financial strain on th...
Jul 05, 2022
Wall St turns gloomy on Tesla after deliveries fall for first time in two years
By Eva Mathews (Reuters) - Tesla Inc will need to rethink its production plans to protect its profits, Wall Street analysts said on Tuesday, after the world's largest electric-car maker reported a fal...
Jul 05, 2022
Shopee opens five new distribution centers in Brazil – report
SAO PAULO (Reuters) - Singaporean shopping app Shopee, owned by Sea Ltd, has opened five new distribution centers in Brazil in recent months to improve shipping processes and cut lead times, Brazilian...
Jul 05, 2022
Uber continues global expansion with launch in Israel
JERUSALEM (Reuters) - Uber Technologies Inc said it was launching its ride-hailing and platform in Israel by connecting to a nationwide network of licensed taxis, as it continues to expand globally. T...
Jul 05, 2022
Israel’s eToro, Betsy Cohen-backed SPAC end $8.8 billion merger deal
(Reuters) -Israel's online brokerage eToro and Betsy Cohen-backed blank-check company FinTech Acquisition Corp have mutually agreed to terminate their merger deal more than a year after it was announc...
Jul 05, 2022
French MEP asks regulator to review Binance approval, cites Reuters report
By Angus Berwick and Tom Wilson LONDON (Reuters) - A French Member of the European Parliament (MEP) urged France's market regulator to review its decision to register the Binance cryptocurrency exchan...
Jul 05, 2022
Ex-TikTok gaming head to launch blockchain games startup as big players keep away
By Josh Ye HONG KONG (Reuters) - The former head of short video giant TikTok's gaming unit, Jason Fung, is launching a blockchain gaming startup as one of two co-founders, he told Reuters in an interv...
Jul 05, 2022
