Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
DoorDash sees tepid Q2 for Wolt as it completes $3.5 billion takeover
By Toby Sterling AMSTERDAM (Reuters) - U.S. food delivery firm DoorDash forecast a slowdown in second-quarter orders at Wolt Enterprises from the start of the year as it completed the $3.5 billion pur...
Jun 01, 2022
Stellantis to halt Italy’s key Melfi plant next week due to chip shortage
MILAN (Reuters) - Carmaker Stellantis will again stop operations at its key Melfi plant in southern Italy next week, a union representative said on Wednesday, citing shortages of various parts, includ...
Jun 01, 2022
China’s Tencent revises pay rise policy in memo, amid cost savings pressures
By Josh Ye HONG KONG (Reuters) - China's Tencent Holdings has told staff it will no longer guarantee them a pay raise upon promotion, according to an internal letter seen by Reuters, as it reviews its...
Jun 01, 2022
Binance’s venture capital arm raises $500 million fund to invest in Web3, blockchain
(Reuters) - Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockcha...
Jun 01, 2022
Telefonica shortlists Allianz, CDPQ for Spanish fiber network deal – sources
By Andres Gonzalez LONDON (Reuters) - Telefonica has admitted Allianz Global Investors and Canadian pension fund CDPQ to the final stages of an auction for a slice of its rural fiber network in Spain,...
Jun 01, 2022
Amazon.com says unfairly targeted by U.S. antitrust bill
By David Shepardson and Diane Bartz WASHINGTON (Reuters) - Amazon.com Inc on Wednesday lambasted a bill in Congress barring tech giants from giving preference to their own businesses on their websites...
Jun 01, 2022
Nexi strikes $412 million buy of BPER’s retailer payment business
MILAN (Reuters) - Italian payments group Nexi has agreed to buy the shop payments business of BPER Banca and Banco Di Sardegna in a deal worth up to 384 million euro ($412 million) that brings in a ne...
Jun 01, 2022
EU acted like a fishing trawler in antitrust data searches, Meta lawyer says
By Foo Yun Chee LUXEMBOURG (Reuters) - Meta Platforms Inc on Wednesday compared searches by EU antitrust regulators to a fishing super trawler as they investigate the owner of Facebook's data and onli...
Jun 01, 2022
Denso bullish on business prospects as it tackles chip shortages
TOKYO (Reuters) - Denso Corp, Japan's largest auto supplier, was bullish about its prospects in a business presentation on Wednesday as demand for automotive chips expands and it tackles semiconductor...
Jun 01, 2022
BT’s joint venture with Warner Bros Discovery faces UK antitrust probe
(Reuters) - Britain's competition watchdog said on Wednesday it had started investigating BT Group's deal to combine its sports broadcasting business with Warner Bros Discovery. The Competition and Ma...
Jun 01, 2022
