Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Shares of Chinese EV maker Kandi down after short-seller report
(Reuters) - Shares of Kandi Technologies Group Inc fell more than 19% on Monday, after the short-selling research house Hindenburg alleged that the Chinese electric vehicle maker used fake sales to ta...
Nov 30, 2020
Facebook nears deal to buy chatbot startup Kustomer: WSJ
(Reuters) - Facebook Inc is close to buying Kustomer in a deal that would value the customer-service and chatbot startup at about $1 billion (750.53 million pounds), the Wall Street Journal reported o...
Nov 30, 2020
GM, Nikola announce reworked, smaller deal focused on supplying fuel-cell systems
DETROIT (Reuters) - General Motors Co and Nikola Corp on Monday announced a reworked, smaller agreement that keeps a fuel-cell partnership intact but eliminates an equity stake in the startup for the ...
Nov 30, 2020
LVMH revamps digital approach as star hire leaves for start-up
PARIS (Reuters) - Louis Vuitton LVMH is set to rejig the team that oversees its online strategy after Ian Rogers, recruited from Apple as the group's digital chief in 2015, left to join a French start...
Nov 30, 2020
EV maker Lion Electric to go public through SPAC deal
(Reuters) - Electric-vehicle maker Lion Electric Co said on Monday it would go public through a merger with blank-check company Northern Genesis Acquisition Corp. Lion Electric expects to receive abou...
Nov 30, 2020
Amazon, Apple stay away from new French initiative to set principles for Big Tech
By Michel Rose PARIS (Reuters) - U.S. tech giants Amazon and Apple have not signed up to a new French initiative to get global tech companies to publicly commit to principles including paying their fa...
Nov 30, 2020
Exclusive: Abu Dhabi wealth fund in talks with KKR over Italian grid deal – sources
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) - Abu Dhabi's biggest sovereign fund is in talks with U.S. firm KKR to invest in Telecom Italia's (TIM) last-mile network in a deal that has drawn s...
Nov 30, 2020
Biden should clarify US position on digital tax within two months, France says
PARIS (Reuters) - The European Union hopes Joseph Biden's incoming administration will clarify the U.S. position on digital taxation within two months of taking office, a French Finance Ministry sourc...
Nov 30, 2020
Sweden’s Ericsson sees 220 million 5G subscriptions by year end
By Helena Soderpalm and Supantha Mukherjee STOCKHOLM (Reuters) - Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faste...
Nov 30, 2020
Italy’s antitrust fines Apple 10 million euros for misleading commercial practices
ROME (Reuters) - Italy's antitrust authority said on Monday it had fined Apple 10 million euros ($12 million) for "aggressive and misleading" commercial practices regarding its iPhones. The regulator ...
Nov 30, 2020
