Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Online furniture retailer Wayfair to cut 1,650 jobs to trim costs
(Reuters) -Online furniture retailer Wayfair said on Friday it would lay off about 1,650 employees, or 13% of its global workforce, as it looks to trim costs. The company's shares rose about 8% in pre...
Jan 19, 2024
India's Paytm's Q3 revenue rises on strong payments business, loan growth
BENGALURU (Reuters) -Indian digital payments firm Paytm posted a 38% rise in third-quarter revenue on Friday, helped by its payments business and strong loan growth in the financial services segment. ...
Jan 19, 2024
Binance heads to court, seeking dismissal of SEC fraud lawsuit
(Reuters) - Binance is due to square off against the U.S. Securities and Exchange Commission in a Washington courtroom on Friday, marking the second high-profile hearing this week involving the regula...
Jan 19, 2024
Roomba maker iRobot's shares plunge on report Amazon deal faces EU block
(Reuters) - IRobot shares slumped 36% in premarket trading on Friday after a report the European Union antitrust regulator was planning to block Amazon.com's $1.4 billion buyout of the Roomba vacuum m...
Jan 19, 2024
EU Commission seeks feedback on Apple offer to let rivals access tap-and-go tech in antitrust case
BRUSSELS (Reuters) - The European Commission is seeking feedback from rivals and customers on concessions Apple offered to possibly settle EU antitrust charges and stave off a possible hefty fine, it ...
Jan 19, 2024
Exclusive-BYD's Thai distributor to triple EV dealerships, expand commercial offerings
By Devjyot Ghoshal and Chayut Setboonsarng BANGKOK (Reuters) - The sole Thai distributor of BYD, the world's biggest electric vehicle maker, will triple its dealerships in Thailand in two years, it sa...
Jan 19, 2024
Amazon's AWS to invest $15 billion to expand cloud computing in Japan
TOKYO (Reuters) - Amazon Web Services (AWS) said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by 2027 to expand its cloud computing infrastructure. The Amazon.com unit is s...
Jan 18, 2024
Huawei makes a break from Android with next version of Harmony OS - Caixin
SHENZHEN, China (Reuters) - China's Huawei Technologies will not support Android apps on the latest iteration of its in-house Harmony operating system, domestic financial media Caixin reported, as the...
Jan 18, 2024
TSMC shares soar after bullish outlook
TAIPEI (Reuters) - Taipei-listed shares of Taiwanese chipmaker TSMC opened up 6% on Friday after the company projected more than 20% growth in 2024 revenue on booming demand for high-end chips used in...
Jan 18, 2024
China to prevent superfluous new energy vehicle projects by local governments
BEIJING (Reuters) - China will take forceful measures to prevent superfluous new energy vehicle (NEV) projects by some local governments and automakers, China's vice industry minister Xin Guobin said ...
Jan 18, 2024
