Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
US court upholds Theranos founder Elizabeth Holmes' conviction
(Reuters) - A U.S. court upheld the convictions of Theranos' founder Elizabeth Holmes and President Ramesh "Sunny" Balwani on Monday, on charges of defrauding investors in the failed blood testing sta...
Thomson Reuters Feb 24, 2025
Nvidia takes EU antitrust regulators to court for probing AI startup Run:ai bid
By Foo Yun Chee BRUSSELS (Reuters) - U.S. chipmaker Nvidia has sued EU antitrust regulators for accepting an Italian request last year to scrutinise its acquisition of AI startup Run:ai, saying they h...
Thomson Reuters Feb 24, 2025
Google, Meta face penalties for anti-competitive behaviour towards South African news media
JOHANNESBURG (Reuters) - Google could be required to pay up to 500 million rand ($27.29 million) a year in compensation to South African media outlets after the country's competition watchdog found th...
Thomson Reuters Feb 24, 2025
NinjaOne secures fresh funding at $5 billion valuation
(Reuters) - IT platform NinjaOne said on Monday that it has secured fresh financing of $500 million led by ICONIQ Growth and CapitalG, Alphabet's independent investment fund, valuing the company at $5...
Thomson Reuters Feb 24, 2025
Hedge funds exit tech, media stocks at fastest pace in six months, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) - Hedge funds exited U.S. tech and media stocks in the two weeks to February 21 at the fastest pace in six months, according to Goldman Sachs, just as Nvidia, one of...
Thomson Reuters Feb 24, 2025
US SEC closes investigation into Robinhood with no action
(Reuters) - Robinhood said on Monday U.S. Securities and Exchange Commission has closed the investigation into the crypto firm with no action. (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editi...
Thomson Reuters Feb 24, 2025
Microsoft shelves AI data-center deals in sign of potential oversupply, analyst says
By Aditya Soni (Reuters) - Microsoft has scrapped leases for sizeable data center capacity in the U.S., suggesting a potential oversupply at the tech giant as it builds out artificial intelligence inf...
Thomson Reuters Feb 24, 2025
Dutch software firm Bird to leave Europe due to onerous regulations in AI era, says CEO
AMSTERDAM (Reuters) - Cloud communications software firm Bird, one of the Netherlands' most prominent tech startups, plans to move most of its operations out of Europe, its CEO said, citing restrictiv...
Thomson Reuters Feb 24, 2025
Nvidia's chip demand faces scrutiny as DeepSeek stirs doubts on AI spending
By Arsheeya Bajwa (Reuters) - Demand for Nvidia's pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as investors doubt the hefty spending on the techn...
Thomson Reuters Feb 24, 2025
Apple plans Texas factory for AI servers, 20,000 research jobs
By Stephen Nellis (Reuters) - Apple on Monday said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,0...
Thomson Reuters Feb 24, 2025

