Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
EV maker Arrival's shares slump on Nasdaq delisting notice
(Reuters) - Arrival said it received a delisting and stock trading suspension notice from the Nasdaq, sending the British electric-vehicle company's shares down about 15% on Monday. Trading in Arrival...
Jan 29, 2024
Gambling group Flutter to propose moving primary listing to US
(Reuters) -Dublin-based online betting company Flutter said on Monday it will propose moving the primary listing of its shares from London to New York at the annual general meeting in May. Subject to ...
Jan 29, 2024
Amazon, iRobot abandon merger in face of EU opposition
By David Shepardson WASHINGTON (Reuters) -Amazon and robot vacuum maker iRobot said Monday they would end their plans to merge in the face of opposition from EU antitrust regulators. iRobot announced ...
Jan 29, 2024
China's BYD forecasts 2023 net profit to rise as much as 86.5% y/y
BEIJING (Reuters) - Chinese electric vehicle giant BYD said on Monday it expects net profit in 2023 to rise by as much as 86.5% on the previous year, thanks to growth in overseas sales and cost cuttin...
Jan 29, 2024
Warburg Pincus-backed Fortegra Group aims to raise $324 million in US IPO
(Reuters) -Fortegra Group, backed by private equity firm Warburg Pincus, said on Monday it was aiming to raise up to $324 million in an initial public offering in New York. The specialty insurance fir...
Jan 29, 2024
Volkswagen appoints new head of development in China in reshuffle
BERLIN (Reuters) - Volkswagen on Monday announced its board member Thomas Ulbrich will take over as head of technical development in China. "Thomas Ulbrich, Member of the Board of Management for New M...
Jan 29, 2024
Microsoft set for AI-powered revenue surge as stock pulls ahead
By Yuvraj Malik (Reuters) - Microsoft is expected to report a 15.8% jump in quarterly revenue, its best growth in nearly two years, as rising adoption of its products infused with generative AI fuels ...
Jan 29, 2024
EU reinforces tight limits on crypto firms from outside bloc
By Huw Jones LONDON (Reuters) - Crypto companies based outside the EU will only be able to directly serve customers within the bloc under very limited conditions to avoid unfair competition, the Europ...
Jan 29, 2024
Italy regulator notifies OpenAI of privacy breaches in ChatGPT
MILAN (Reuters) - Italy's data protection authority said on Monday it told OpenAI that its artificial intelligence application ChatGPT breaches data protection rules. Following a probe started last ye...
Jan 29, 2024
Faced with slow 5G rollout, EU telcos single out Big Tech again
By Foo Yun Chee BRUSSELS (Reuters) - European telecommunications lobbying group ETNO on Monday again urged Big Tech to help pay for the rollout of 5G and broadband as it released data showing Europe t...
Jan 29, 2024
