Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Tencent stock falls as Prosus/Naspers to sell shares to fund buybacks
By Promit Mukherjee, Toby Sterling and Josh Ye JOHANNESBURG/AMSTERDAM (Reuters) - Dutch technology investor Prosus NV on Monday announced it will gradually sell down its massive stake in Tencent, reve...
Jun 27, 2022
Toshiba shareholders to endorse director nominees as buyout expectations grow
By Makiko Yamazaki TOKYO (Reuters) - Toshiba Corp's shareholders are expected to endorse all proposed directors, including two from its hedge fund investors, on Tuesday in a move that could mark a cro...
Jun 27, 2022
Co-founder of game developer XD plans overseas relocation – internal memo
By Josh Ye HONG KONG (Reuters) - The chief executive officer and co-founder of Shanghai-based Chinese gaming firm XD Inc plans to leave China next year, according to an internal notice seen by Reuters...
Jun 27, 2022
Exclusive: Google hit with antitrust complaint by Danish job search rival
By Foo Yun Chee BRUSSELS (Reuters) - Google was hit with an antitrust complaint on Monday after a Danish online job-search rival took its grievance to EU regulators, alleging the Alphabet unit had unf...
Jun 27, 2022
Prosus to trim Tencent stake as FY core headline earnings slump
AMSTERDAM (Reuters) - Prosus NV, the Dutch-based technology investor, on Monday reported a 20% fall in its core headline earnings, a non-standard measure, for its financial year and also announced a m...
Jun 27, 2022
Tencent falls 2.5% as Prosus, Naspers say to gradually sell shares
HONG KONG (Reuters) -Shares of Chinese internet gaming and social media giant Tencent Holdings Ltd gave up early gains to fall as much as 2.5% to HK$374.60 in the early afternoon, after Prosus NV and ...
Jun 27, 2022
Prosus, Naspers to gradually sell Tencent shares to fund share repurchases
AMSTERDAM (Reuters) - Dutch technology investment company Prosus and its controlling shareholder Naspers of South Africa said on Monday they intend to sell down their enormous stake in Chinese softwar...
Jun 27, 2022
Naspers, Prosus to sell Tencent shares to fund buybacks
(Reuters) - Chinese software giant Tencent Holdings said on Monday it noted an announcement from two of its shareholders, South Africa's Naspers Ltd and Prosus, that they would start a long-term, open...
Jun 27, 2022
Australian retail giants targeted in facial recognition tech complaint
By Byron Kaye SYDNEY (Reuters) - A major consumer group has referred three of Australia's biggest retail chains to the privacy regulator, saying they use "unreasonably intrusive" facial recognition te...
Jun 26, 2022
Australia’s Carsales.com to buy 51% in U.S. firm Trader Interactive
(Reuters) - Australian online auto classifieds firm Carsales.com Ltd said on Monday it acquired the remaining 51% stake in U.S.-based Trader Interactive for $809 million, a year after buying 49% in th...
Jun 26, 2022
