Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Samsung to invest $500 million in Mexico, foreign minister says
(Reuters) - Samsung Electronics will invest $500 million in Mexico in order to increase production of home appliances in the country, Mexican Foreign Minister Marcelo Ebrard said on Monday. On Twitter...
Jul 04, 2022
Taiwan’s Foxconn raises full-year outlook on strong tech demand
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, raised its full-year business outlook on Monday thanks to strong sales of smartphones and servers despite concerns ...
Jul 04, 2022
Rakuten shares climb 2% on bank unit listing progress
TOKYO (Reuters) - Shares in Japan's Rakuten Group Inc climbed 2.4% on Tuesday, a day after the e-commerce firm said it has applied to list its online banking unit on the Tokyo Stock Exchange. Rakuten ...
Jul 04, 2022
Hacker claims to have stolen 1 billion records of Chinese citizens from police
SHANGHAI (Reuters) - A hacker has claimed to have procured a trove of personal information from the Shanghai police on one billion Chinese citizens, which tech experts say, if true, would be one of th...
Jul 04, 2022
Singapore-based crypto lender Vauld suspends withdrawals
HONG KONG (Reuters) - Singapore-based crypto lending and trading platform Vauld said on Monday it would suspend withdrawals and trading and seek new investors, the latest sign of stress in the embattl...
Jul 04, 2022
Digital banking start-up YAP raises $41 million, to expand into Saudi Arabia
By Alexander Cornwell DUBAI (Reuters) -YAP, a digital bank in the United Arab Emirates, said on Monday it had raised $41 million in funding and targeted raising another roughly $20 million to finance ...
Jul 04, 2022
France’s Schneider Electric to sell Russia unit to local management
PARIS (Reuters) -France's Schneider Electric SE has agreed to sell its Russian unit to the local leadership team, it said on Monday, joining a wave of companies divesting their Russian businesses. Sch...
Jul 04, 2022
French group Thales in partnership with EXPAL for Australia military
PARIS (Reuters) -French defence and technology group Thales announced on Monday a partnership with EXPAL Systems to provide material for the Australian military, as France and Australia aim to improve...
Jul 03, 2022
Geely founder’s venture completes purchase of majority stake in China’s Meizu
SHANGHAI (Reuters) - A venture run by the founder of Chinese automaker Zhejiang Geely Holding announced on Monday it has completed the purchase of a 79.09% stake in smartphone brand Meizu, and that th...
Jul 03, 2022
Australia’s Link rejects Dye & Durham’s lower offer, but keeps door open
(Reuters) - Australia's Link Administration said on Monday it will not recommend Canadian cloud-based software firm Dye & Durham Ltd's lowered takeover bid but agreed to continue to engage with it on ...
Jul 03, 2022
