Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce
By Jane Lanhee Lee (Reuters) - Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said Monday it has raised $500 million as e-commerce gets a...
Nov 09, 2020
Apple’s new Macs could revive the PC chip wars, analysts say
By Stephen Nellis SAN FRANCISCO (Reuters) - Apple Inc on Tuesday is expected to unveil new Mac computers using its own in-house processor chips, a move that could reignite a race to control the market...
Nov 09, 2020
China’s tech industry relieved by Biden win: but not relaxed
By Josh Horwitz and Yingzhi Yang SHANGHAI/BEIJING (Reuters) - China's technology industry, one of President Donald Trump's main targets in Washington's tussles with Beijing, hopes Joe Biden can create...
Nov 09, 2020
Infineon forecasts strong rebound in year ahead from coronavirus slump
BERLIN (Reuters) - German chipmaker Infineon forecast that revenue would grow by nearly 23% in the year ahead as it reported fiscal fourth quarter results on Monday that were in line with analyst esti...
Nov 09, 2020
SoftBank Vision Fund’s portfolio back above cost price
TOKYO (Reuters) - SoftBank Group Corp said on Monday its $100 billion Vision Fund's portfolio has recovered to above acquisition price as the fund benefits from a broader upswing in tech valuations. V...
Nov 09, 2020
Apple says Pegatron put on probation after violating supplier code of conduct
SHANGHAI (Reuters) - Apple has put its Taiwanese supplier Pegatron on probation after finding that the company violated Apple's supplier code of conduct, the iPhone manufacturer said on Monday. "Sever...
Nov 09, 2020
Apple places manufacturing partner Pegatron on probation: Bloomberg reporter
(Reuters) - Apple Inc has placed Pegatron Corp on probation after it discovered violations related to a student worker program and said Pegatron will not receive any new business until it takes correc...
Nov 09, 2020
SoftBank spent $1.35 billion on buybacks in October
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp said on Monday it spent 139.3 billion yen ($1.35 billion) repurchasing almost 20 million shares in October, part of a record buyback plan that has p...
Nov 08, 2020
Amazon expands in Brazil, riding e-commerce boom set off by COVID-19 distancing
By Aluisio Alves SAO PAULO (Reuters) - Amazon said on Monday it had opened three more logistics centers in Brazil to take advantage of the boost the COVID-19 pandemic has given to e-commerce in South ...
Nov 08, 2020
Samsung may launch flagship phone early to grab Huawei share: sources
By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd may launch its flagship Galaxy S smartphones more than a month earlier than expected in a bid to grab market share from Hu...
Nov 08, 2020
