Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
PayPal shares slide as EU lawmaker raises prospect of new fees amid trade tensions
(Reuters) - PayPal shares fell 4% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating U.S.-Europe trade tensions and potential ...
Mar 28, 2025
Chipmaker Wolfspeed's shares plunge over 45% to 27-year low
(Reuters) - Wolfspeed's shares slumped about 48% on Friday, hitting their lowest since 1998, a day after the chipmaker appointed a new CEO amid its struggles to improve its financial position. The com...
Mar 28, 2025
Nvidia-backed CoreWeave's shares likely to open up to 25% above IPO price
(Reuters) - CoreWeave's shares were set to open up to 25% above their offer price in the company's debut on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm's stock was indicated to trad...
Mar 28, 2025
Google to pay $100 million to settle advertisers' class action
By Jonathan Stempel (Reuters) - Google has agreed to pay $100 million in cash to settle a long-running lawsuit claiming it overcharged advertisers by failing to provide promised discounts and charged ...
Mar 28, 2025
Berlin on measures against U.S. tech giants: 'Nothing is off the table'
BERLIN (Reuters) - A German government spokesperson said on Friday that "nothing is off the table" with regards to punitive measures in response to the threat of U.S. tariffs. Asked whether countermea...
Mar 28, 2025
CoreWeave's retail appeal may be tempered by IPO timing, financial pressures
By Niket Nishant and Manya Saini (Reuters) - Concerns sparked by CoreWeave's debt pile and other financial challenges may weigh on retail investor enthusiasm as it prepares to go public after what ana...
Mar 28, 2025
EU to invest $1.4 billion in artificial intelligence, cybersecurity and digital skills
BRUSSELS (Reuters) - The European Commission will invest 1.3 billion euros ($1.4 billion) in artificial intelligence, cybersecurity and digital skills through the Digital Europe Programme for 2025 to ...
Mar 28, 2025
EU could charge fees on PayPal in U.S. tariff dispute, says senior lawmaker
BERLIN (Reuters) - The European Union could charge fees on PayPal as part of a tariff dispute with the United States, a senior European lawmaker said on Friday. Bernd Lange, the head of the European P...
Mar 28, 2025
China Construction Bank says it launched internal financial model based on DeepSeek R1
By Selena Li China Construction Bank said on Friday it had completed the private deployment of a large financial model based on DeepSeek R1 earlier this year. Private deployment means for internal use...
Mar 28, 2025
Ubisoft seen up 13-15% after it sets up Tencent-backed subsidiary
(Reuters) - Shares in Ubisoft were seen up 13-15% premarket on Friday after the French video-game maker announced plans to set up a unit with Tencent, two traders said. Assassin's Creed creator said o...
Mar 28, 2025
