Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Amazon to lay off employees in Prime Video, Studios divisions
(Reuters) -Amazon.com said on Wednesday it will lay off several hundred employees in its Prime Video and Amazon MGM Studios. "We've identified opportunities to reduce or discontinue investments in cer...
Jan 10, 2024
Bitcoin ETF hopefuls still expect SEC approval despite social media hack
By Hannah Lang and Suzanne McGee (Reuters) - U.S. asset managers remain hopeful the securities regulator will permit the trading of spot bitcoin exchange-traded funds (ETFs), even after a fake post on...
Jan 10, 2024
Turkish competition board to fine Meta Platforms $160,000 per day
ISTANBUL (Reuters) - Turkey's competition authority said on Wednesday that it had decided to fine Facebook parent Meta Platforms Inc 4.8 million lira ($160,000) a day for failing to provide sufficient...
Jan 10, 2024
BlackRock, Ark lower fee for planned spot bitcoin ETFs
(Reuters) -BlackRock and Ark Investments said on Wednesday they were lowering the fees on their proposed spot bitcoin exchange traded funds. BlackRock would charge 0.25%, compared with the 0.30% fee s...
Jan 10, 2024
Turkey's draft rules for crypto assets at final stage, minister says
ISTANBUL (Reuters) - Turkey's crypto asset regulations, expected to bring licensing and operating standards to trading platforms, are at the final stage, Finance Minister Mehmet Simsek said on Wednesd...
Jan 10, 2024
German tech sector expected to outperform ailing economy in 2024 -study
BERLIN (Reuters) - Germany's IT and telecommunication (ITC) sector is expected to speed up its growth this year and clearly outperform Germany's ailing economy, a study by German digital association B...
Jan 10, 2024
Owner family members offer Samsung Electronics shares in $1.7 billion block deal, report says
SEOUL (Reuters) - The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell shares in the tech giant in a block deal seen worth 2.19 trillion won ($1.66 billion), the Seoul Ec...
Jan 10, 2024
TSMC's Q4 revenue flat year-on-year but beats expectations
TAIPEI (Reuters) -Fourth-quarter 2023 revenue for TSMC, the world's largest contract chipmaker, was largely flat compared with the previous year but still beat both the company's and market's expectat...
Jan 10, 2024
Tata close to announcing new semiconductor fab in India's Gujarat
GANDHINAGAR, India (Reuters) - Tata Group is close to announcing a new semiconductor fabrication plant in India's Gujarat state, Tata Sons chairman Natarajan Chandrasekaran on Wednesday said at an inv...
Jan 10, 2024
Tesla launches updated Model 3 in North America
(Reuters) - Tesla on Wednesday launched the updated version of its Model 3 sedan in North America and kept the prices unchanged, according to the company's website and a post on X. The electric car ma...
Jan 10, 2024
