Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Japan to give crypto assets legal status as financial products, Nikkei says
TOKYO (Reuters) - Japan's Financial Services Agency plans to revise the Financial Instruments and Exchange Act to give crypto assets a legal status as financial products, the Nikkei business daily sai...
Thomson Reuters Mar 30, 2025
FBI investigating cyberattack at Oracle, Bloomberg News reports
(Reuters) -The Federal Bureau of Investigation (FBI) is probing the cyberattack at Oracle as the hackers broke into the cloud computing company's computer systems and stole patient data, Bloomberg New...
Thomson Reuters Mar 28, 2025
Musk's xAI buys social media platform X for $45 billion
(Reuters) -Elon Musk said on Friday that his xAI has acquired X, the social media app formerly known as Twitter, in an all-stock transaction for $45 billion, including $12 billion debt. "xAI and X's f...
Thomson Reuters Mar 28, 2025
Elon Musk must face fraud lawsuit over disclosure of Twitter stake
NEW YORK (Reuters) - A U.S. judge on Friday rejected billionaire Elon Musk's bid to dismiss a lawsuit claiming he had defrauded former Twitter shareholders by waiting too long to disclose his initial ...
Thomson Reuters Mar 28, 2025
OpenAI must complete for-profit transition by year-end to raise full $40 billion
By Krystal Hu and Jaspreet Singh (Reuters) - OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of r...
Thomson Reuters Mar 28, 2025
Scale AI seeking valuation as high as $25 billion in potential tender offer, Business Insider reports
(Reuters) - Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it looks to capitalize on the booming demand for the technology, Busin...
Thomson Reuters Mar 28, 2025
Trump pardoned BitMEX co-founders, White House official says
(Reuters) - U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said on Friday. CNBC was the first to report earlier in the day tha...
Thomson Reuters Mar 28, 2025
Exclusive-Blackstone evaluates taking a stake in US TikTok spinoff, sources say
By Dawn Chmielewski, Katie Paul and Kane Wu (Reuters) -Private equity firm Blackstone is evaluating taking a small minority investment in TikTok's U.S. operations, according to two people familiar wit...
Thomson Reuters Mar 28, 2025
Musk's X down for tens of thousands of US users, Downdetector shows
(Reuters) - Elon Musk's X was down for tens of thousands of users in the U.S. on Friday, according to outage tracking website Downdetector.com. There were more than 53,000 incidents of people reportin...
Thomson Reuters Mar 28, 2025
Nvidia-backed CoreWeave's shares open nearly 3% lower in market debut
(Reuters) - CoreWeave's shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully dilut...
Thomson Reuters Mar 28, 2025

