Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Musk's SpaceX preparing to launch tender offer in Dec at $135/share, FT reports
(Reuters) - Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, the Financial Times reported on Friday, citing people with knowle...
Thomson Reuters Nov 15, 2024
Fed's Collins says tech changes can improve financial system
BOSTON (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on technological developments in the financial system. "We must ...
Thomson Reuters Nov 15, 2024
Disney nears tipping point as streaming profits start to offset cable decline
By Aditya Soni and Jaspreet Singh (Reuters) - Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming profitable. The latest quarterly results have shown signs of a tur...
Thomson Reuters Nov 15, 2024
Rescinding US EV tax credit would cede ground to China, Granholm says
BAKU (Reuters) - Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S. Energy Secretary Jennifer Granholm told reporters on Friday at ...
Thomson Reuters Nov 15, 2024
Ant Group's quarterly profit nearly triples
SHANGHAI (Reuters) - China's Ant Group reported a 192.9% rise in net profit to 7.59 billion yuan ($1.05 billion) in the three months to March 31, according to Reuters calculations based on Alibaba Gro...
Thomson Reuters Nov 15, 2024
China's Alibaba misses quarterly revenue estimates
(Reuters) -Alibaba Group Holding missed analysts' estimates for quarterly sales on Friday, as lingering economic uncertainty sapped consumer spending in China and weighed on the e-commerce giant's dom...
Thomson Reuters Nov 15, 2024
KKR raises tender offer price for Fuji Soft acquisition
TOKYO (Reuters) - Private equity firm KKR has raised its tender offer price for the acquisition of Japanese software developer Fuji Soft to 9,451 yen ($60.86) a share from 8,800 yen previously, the Ja...
Thomson Reuters Nov 15, 2024
Kremlin says Putin is looking into issue of slow YouTube speeds in Russia
MOSCOW (Reuters) - The Kremlin on Friday said problems with slower speeds on YouTube in Russia were linked to Google's failure to comply with Russian law and that President Vladimir Putin was looking ...
Thomson Reuters Nov 15, 2024
US finalizes $6.6 billion chips award for TSMC ahead of Trump return
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semicon...
Thomson Reuters Nov 15, 2024
Singapore's competition watchdog clears South Korean Hanwha's buyout of Dyna-Mac
(Reuters) - Singapore's competition regulator cleared South Korean conglomerate Hanwha Group's S$790.6 million ($589.30 million) takeover offer for oil contractor Dyna-Mac on Friday. ($1 = 1.3416 Sing...
Thomson Reuters Nov 15, 2024

