Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
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
Mapmaker TomTom to cut 10% of jobs due to improved automation
(Reuters) - TomTom will shed around a tenth of its global workforce, the Dutch navigation and digital mapping company said on Wednesday, as it steps up its automated mapmaking capability. "Regrettably...
Jun 01, 2022
U.S. Supreme Court blocks Texas law restraining social media companies
By Andrew Chung (Reuters) -The U.S. Supreme Court on Tuesday blocked a Texas law that bars large social media companies from banning or censoring users based on "viewpoint," siding with two technology...
May 31, 2022
Meta Platforms to trade under ‘META’ ticker from June 9
(Reuters) - Meta Platforms Inc said on Tuesday its Class A common stock will begin trading on the Nasdaq under the ticker symbol 'META' prior to market open on June 9, replacing its current ticker sym...
May 31, 2022
