Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Abu Dhabi's cryptomining firm Phoenix Group enters Africa with power purchase deal
DUBAI (Reuters) - Abu Dhabi-listed cryptomining and blockchain conglomerate Phoenix Group has struck an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia, it said on Wednesday, as it pursues...
Thomson Reuters Jan 22, 2025
Amphenol beats results estimates on demand from datacom, defense sectors
(Reuters) - Electronic equipment maker Amphenol on Wednesday reported fourth-quarter sales and profit above estimates, bolstered by strong demand for its sensors and connectors from sectors including ...
Thomson Reuters Jan 22, 2025
Europe's industrial stocks rally on Trump's AI investment push
By Alessandro Parodi and Dominique Patton MILAN/PARIS (Reuters) - European industrial stocks such as Schneider Electric and Prysmian surged on Wednesday as traders warmed up to prospects of their U.S....
Thomson Reuters Jan 22, 2025
TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning
By Liam Mo and Brenda Goh BEIJING (Reuters) - TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI's latest reasoning model prod...
Thomson Reuters Jan 22, 2025
Saudi Alwaleed's KHC interested in TikTok if Musk or others buy it, CEO says
DUBAI (Reuters) - Saudi Arabian Prince Alwaleed Bin Talal's investment company Kingdom Holding (KHC) would be interested to invest in TikTok if Elon Musk or others offered to buy it, CEO Talal Ibrahim...
Thomson Reuters Jan 22, 2025
Analysis-Japan Inc will struggle to follow SoftBank's lead and go big with Trump
By Sam Nussey and Anton Bridge TOKYO (Reuters) - SoftBank CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal w...
Thomson Reuters Jan 22, 2025
Netflix shares soar on record subscriber gains, planned price hikes
LONDON (Reuters) - Netflix shares listed in Frankfurt rose 14.3% in early trading on Wednesday after the streaming service said on Tuesday it attracted a record number of subscribers over the holiday ...
Thomson Reuters Jan 22, 2025
Oracle shares rise 9% after Trump unveils $500 billion AI plan
LONDON (Reuters) - Oracle shares jumped nearly 9% in Frankfurt on Wednesday, after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure,...
Thomson Reuters Jan 22, 2025
Indonesia close to deal to lift Apple iPhone 16 ban, Bloomberg News reports
(Reuters) - Indonesia is close to a deal with Apple Inc for an investment plan that could lift a ban on iPhone 16 sales in the country, investment minister Rosan Roeslani told Bloomberg News on Tuesda...
Thomson Reuters Jan 22, 2025
China CATL's shares dip after it warns of revenue fall, slowing profit growth
BEIJING (Reuters) - Shares in CATL, the world's largest battery maker, dropped nearly 4% on Wednesday after the Chinese company warned that its annual revenue fell for the first time last year and tha...
Thomson Reuters Jan 22, 2025

