Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
EBay beats quarterly profit estimates, forecasts current-quarter sales above expectations
(Reuters) - EBay Inc's quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVI...
Oct 28, 2020
Pinterest beats quarterly sales estimates
(Reuters) - Image-sharing company Pinterest Inc beat Wall Street estimates for third-quarter revenue on Wednesday, helped by a rebound in spending on advertisement by businesses after a deep slump in ...
Oct 28, 2020
SoftBank attempted to delay WeWork’s $3 billion share purchase: court filing
By Joshua Franklin and Anirban Sen (Reuters) - SoftBank Group CEO Masayoshi Son told the executive he tasked to turn around WeWork after its botched initial public offering to "use whatever excuse" to...
Oct 28, 2020
Lawmakers ask if White House pressured FCC on social media rules
WASHINGTON (Reuters) - Two key U.S. House Democratic lawmakers on Wednesday asked Federal Communications Commission Chairman Ajit Pai if the White House was involved in his decision to move forward wi...
Oct 28, 2020
Google steps up campaign against EU push for tough new tech rules
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet Inc unit Google has launched a 60-day strategy to counter the European Union's push for tough new tech rules by getting U.S. allies to push back against t...
Oct 28, 2020
Amazon eyes first foray into broadcasting soccer matches in Italy: sources
MILAN (Reuters) - Amazon is set to secure exclusive rights to screen top European Champions League matches in Italy for the 2021-2024 seasons, three sources close to matter said, in what would be its ...
Oct 28, 2020
Economic cost of new EU tech rules could top $100.5 billion, study says
By Foo Yun Chee BRUSSELS (Reuters) - The European Union's plan to rein in U.S. tech giants with new rules could cost the 27-country bloc as much as 85 billion euros ($100.5 billion) in economic growth...
Oct 28, 2020
FBI warning played a role in Facebook downplaying NY Post report, Zuckerberg says
WASHINGTON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg said on Wednesday that a warning from the FBI on hack-and-leak operations before the Nov. 3 presidential election played a role in i...
Oct 28, 2020
U.S. antitrust regulator loses bid to revive Qualcomm case
By Jan Wolfe and Stephen Nellis (Reuters) - A U.S. appeals court on Wednesday handed a victory to Qualcomm Inc, declining to reconsider an August decision that dismissed the U.S. Federal Trade Commiss...
Oct 28, 2020
German watchdog launches new investigation into Amazon: report
FRANKFURT (Reuters) - Germany's anti-trust authority has launched an investigation into Amazon and Apple over possible anticompetitive behaviour, German Frankfurter Allgemeine Zeitung daily reported. ...
Oct 28, 2020
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