Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Seattle approves minimum pay rate for Uber and Lyft drivers
(Reuters) - The Seattle City Council passed a minimum pay standard for drivers for companies like Uber Technologies Inc and Lyft Inc on Tuesday. Under the ordinance, effective January, the drivers wil...
Sep 30, 2020
Alibaba cloud division to be profitable within FY2021: CFO
HONG KONG (Reuters) - Chinese tech giant Alibaba's cloud unit expects to be profitable within 2021, a senior executive said on Wednesday. Maggie Wu, chief financial officer of Alibaba, made the remark...
Sep 29, 2020
U.S. House Judiciary antitrust report likely to come out as soon as Monday October 5 – source
WASHINGTON (Reuters) - The U.S. House of Representatives Judiciary Committee's antitrust subcommittee is expected to release a much anticipated report into antitrust allegations against four of Americ...
Sep 29, 2020
U.S. expected to sue Google next week as DOJ seeks support from states
WASHINGTON (Reuters) - The U.S. Justice Department is expected to sue Alphabet's Google as soon as next week, and is currently urging state attorneys general to sign onto the lawsuit, according to thr...
Sep 29, 2020
Palantir value pegged at $15.8 billion ahead of long-awaited NYSE debut
By Joshua Franklin and Abhishek Manikandan (Reuters) - The New York Stock Exchange on Tuesday set a reference price of $7.25 per share for Palantir Technologies Inc, valuing the data analytics company...
Sep 29, 2020
Facebook names Alex Schultz as marketing head
(Reuters) - Facebook Inc is tapping Alex Schultz, a company veteran who runs product growth, analytics and internationalization at the social media giant, as its new chief marketing officer. Schultz, ...
Sep 29, 2020
Micron forecasts first-quarter revenue slightly below estimates
(Reuters) - Micron Technology Inc on Tuesday forecast first-quarter revenue slightly below Wall Street estimates that overshadowed the chipmaker's quarterly revenue and profit beat. The company's shar...
Sep 29, 2020
Spain watchdog determines Amazon needs to heed mail service rules
MADRID (Reuters) - The Spanish antitrust watchdog said on Tuesday it had determined that U.S. tech giant Amazon operates as a mail service in Spain and has to comply with specific rules within one mon...
Sep 29, 2020
Google looks to expand London office footprint: The Times
(Reuters) - Alphabet Inc's Google is in advanced talks to lease an additional 70,000 square feet in buildings close to its 1 billion pounds ($1.28 billion) new headquarters in King's Cross, The Times ...
Sep 29, 2020
French telcos take 5G spectrum price tag to at least 2.4 billion euros
By Mathieu Rosemain PARIS (Reuters) - French telecoms operators brought the price tag for the country's 5G spectrum to at least 2.4 billion euros on Tuesday, the first day of a long-delayed auction th...
Sep 29, 2020
