Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Apple to fund pay-later loans off its own balance sheet
(Reuters) - Apple Inc plans to fund loans for its forthcoming Apple Pay Later service off its corporate balance sheet, the company said on Wednesday. Apple said its treasury department will decide the...
Jun 08, 2022
Apple defeats class action over Meltdown, Spectre security flaws
By Jonathan Stempel (Reuters) - A U.S. judge on Wednesday dismissed a proposed class-action lawsuit accusing Apple Inc of defrauding customers by selling iPhones and iPads whose processors proved vuln...
Jun 08, 2022
Jana Partners plans to sue Zendesk over annual meeting date
(Reuters) - New York-based activist investment firm Jana Partners said on Wednesday it intends to sue software company Zendesk Inc after it failed to set a date for its 2022 annual meeting. The hedge ...
Jun 08, 2022
U.S. Senate likely to pass bill to bar tech firms’ favoring themselves in searches
By Diane Bartz WASHINGTON (Reuters) - U.S. Senator Amy Klobuchar and lawmakers from both parties said on Wednesday they had the Senate votes needed to pass legislation aimed at reining in the four tec...
Jun 08, 2022
U.S. suspends three firms’ export privileges for alleged illegal exports to China
WASHINGTON (Reuters) -The U.S. Commerce Department said on Wednesday it was suspending the export privileges of three U.S.-based firms for 180 days for what it said was the illegal export of satellite...
Jun 08, 2022
Brazil’s PagSeguro posts 29% growth in profit
SAO PAULO (Reuters) - Brazilian financial technology company PagSeguro Digital reported a 29% growth in first quarter net income, supported by a strengthening customer base and revenue expansion. The ...
Jun 08, 2022
BGC Partners plans crypto exchange by Q1 2023, says CEO
NEW YORK (Reuters) - Wholesale brokerage BGC Partners Inc is building a cryptocurrency exchange that will compete against digital asset exchanges like FTX and Binance, Chief Executive Officer Howard L...
Jun 08, 2022
Tesla cannot pause race bias case as it challenges agency’s powers
(Reuters) - Tesla Inc cannot pause a California civil rights agency's lawsuit alleging widespread race discrimination at an assembly plant as it separately challenges the agency's ability to sue emplo...
Jun 08, 2022
Explainer – SEC eyes PFOF reforms for stock market. What is PFOF?
By John McCrank NEW YORK (Reuters) - The head of the U.S. Securities and Exchange Commission on Wednesday said the agency may propose the most wide-ranging reforms to the equities market in nearly 20 ...
Jun 08, 2022
CFTC eyes potential oversight of cryptocurrencies, carbon trading – commissioner
By Gary McWilliams HOUSTON (Reuters) - Cryptocurrency developers and U.S. lawmakers are moving toward putting the Commodity Futures Trading Commission in charge of regulating digital currencies, said ...
Jun 08, 2022
