Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth
JOHANNESBURG (Reuters) - Dutch technology investor Prosus NV reported on Monday an 89.5% jump in core headline earnings during its half year, driven by accelerated growth and improved profitability of...
Dec 06, 2024
Naspers' half-year profit jumps on strong e-commerce, Tencent
JOHANNESBURG (Reuters) -South African technology investor Naspers posted a 74% jump in its half-year core headline earnings, driven by accelerated growth and improved profitability of its e-commerce b...
Dec 06, 2024
Exclusive-Kioxia sets IPO price range of 1,390-1,520 yen per share, sources say
By Miho Uranaka and Sam Nussey TOKYO (Reuters) -Bain Capital-backed chipmaker Kioxia has set a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its initial public offering, ...
Dec 06, 2024
Exclusive-Latest US strike on China's chips hits semiconductor toolmakers
By Karen Freifeld and David Shepardson (Reuters) - The U.S. will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies including c...
Dec 06, 2024
Proposed Australia law would fine Big Tech over digital competition
SYDNEY (Reuters) - Australia proposed a law on Monday that could impose fines of up to A$50 million ($33 million) on global technology companies if they suppress competition and prevent consumers from...
Dec 06, 2024
Meta tightens ad rules to curb financial scams aimed at Australians
SYDNEY (Reuters) - Instagram and Facebook-owner Meta Platforms said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to cra...
Dec 06, 2024
Telefonica's sale of Peruvian fibre network falls through
MADRID (Reuters) - Telefonica's sale of stakes in its fibre optic network in Peru to private equity fund KKR and Chilean telecom firm Entel announced in July 2023 fell through, Entel said in a filing ...
Dec 06, 2024
Canadian news companies challenge OpenAI over alleged copyright breaches
By David Ljunggren OTTAWA (Reuters) -Five major Canadian news media companies on Friday filed a legal action against ChatGPT owner OpenAI, accusing the artificial intelligence giant of regularly breac...
Dec 06, 2024
Czech online grocer Rohlik valued at nearly $2 billion, document shows
PRAGUE (Reuters) - Czech online grocer Rohlik Group's valuation has nearly doubled from three years ago to 1.85 billion euros ($1.95 billion), calculations from bond issue documents show. The privatel...
Dec 06, 2024
Meta faces trial in October on unfair competition case lodged by Spanish media
MADRID (Reuters) - Facebook owner Meta Platforms will face a trial in October 2025 in Spain over a 551 million euro ($582 million)complaint lodged by more than 80 media companies accusing it of unfair...
Dec 06, 2024
