Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
France to seek immediate EU riposte if U.S. punishes French digital tax
PARIS (Reuters) - France will immediately seek EU retaliation if Washington goes ahead in January with planned trade sanctions over a French tax on digital services, French Finance Minister Bruno Le M...
Dec 01, 2020
Amazon says sellers racked up $4.8 billion in global sales over holiday weekend
(Reuters) - Amazon.com Inc said on Tuesday independent businesses selling on its platform crossed $4.8 billion in worldwide sales from Black Friday through Cyber Monday, an increase of more than 60% f...
Dec 01, 2020
Softbank buys 10.1% stake in Sweden’s Sinch
STOCKHOLM (Reuters) - Softbank-owned SB Management has bought a 10.1% stake in Swedish cloud computing services provider Sinch, acquiring stakes from some major shareholders and participating in a dir...
Dec 01, 2020
Amazon brings macOS to cloud in a boost to Apple app developers
(Reuters) - Amazon.com Inc will run Apple Inc's macOS on its cloud service for the first time, allowing app developers for Apple's devices to access the operating system on demand, the company's cloud...
Dec 01, 2020
Samsung may discontinue high-end Galaxy Note smartphones – sources
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd may discontinue its premium Galaxy Note phone next year, sources with knowledge of the matter said, a move that would reflec...
Dec 01, 2020
Exclusive: LG Chem to double China battery capacity to meet Tesla demand – sources
SEOUL (Reuters) - South Korea's LG Chem Ltd plans to more than double production capacity of battery cells it makes in China for Tesla Inc electric vehicles (EV) next year, sources said, to keep up wi...
Dec 01, 2020
Canada plans digital tax in 2022 on global tech giants such as Facebook, Google
By David Ljunggren OTTAWA (Reuters) - Canada plans to impose a tax on corporations providing digital services from 2022 that will stay in place until major nations come up with a coordinated approach ...
Nov 30, 2020
Zoom forecasts fourth-quarter revenue above estimates
(Reuters) - Zoom Video Communications Inc forecast fourth-quarter revenue above expectations on Monday, as the COVID-19 pandemic-induced switch to work from home encouraged more users of its video con...
Nov 30, 2020
Biden urged to reject Big Tech’s influence by 32 advocacy groups
By Nandita Bose WASHINGTON (Reuters) - Thirty-two groups including ones focused on antitrust, consumer advocacy and progressive issues sent a letter to President-elect Joe Biden on Monday urging him t...
Nov 30, 2020
Cybersecurity, pharma coordination are big post-pandemic structural themes: LGIM
By Sujata Rao LONDON (Reuters) - Cybersecurity could be one of the key post-pandemic investment themes in an equity-friendly world of low interest rates and vaccine-led recovery, LGIM CIO Sonja Laud s...
Nov 30, 2020
