Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine
By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning has offered to scrap all exclusive clauses in its deals with mobile phone makers and raw glass processing companies to end an...
Dec 06, 2024
Intel expects reduced U.S. grant after winning defense contract
By Stephen Nellis (Reuters) -Intel expects a small reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker, according to a person familiar with the matter. The $8.5 billio...
Dec 06, 2024
Indian regulator rejects Apple request to put antitrust report on hold
By Aditya Kalra NEW DELHI (Reuters) - India's antitrust body has turned down a request from Apple to put a hold on an investigation report which found the company breached competition laws, allowing t...
Dec 06, 2024
Key quotes in US appeals court's blockbuster TikTok ruling
(Reuters) - A U.S. federal appeals court on Friday upheld a law that could force China-based ByteDance to sell its short video app TikTok in the United States. Here is a look at some of the key passag...
Dec 06, 2024
White House officials meet with telecoms execs on suspected China hack
WASHINGTON (Reuters) - Senior White House officials met on Friday with telecommunications executives to discuss China's "significant cyber espionage campaign targeting the sector," the White House sai...
Dec 06, 2024
Chamber of Commerce sees new US export crackdown on China, email says
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration is set to unveil new export restrictions on China as soon as next week, the U.S. Chamber of Commerce told members in a Thursday email....
Dec 06, 2024
Samsung ordered to pay $118 million for infringing Netlist patents
By Blake Brittain (Reuters) - A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology ...
Dec 06, 2024
Exclusive-CoreWeave targets valuation of over $35 billion in 2025 US IPO, sources say
By Echo Wang NEW YORK (Reuters) - Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur nex...
Dec 06, 2024
Exclusive-Saudi Aramco unit in talks to invest $1 billion in US software maker Mavenir, sources say
By Anirban Sen, Supantha Mukherjee and Alexandra Alper NEW YORK (Reuters) - Saudi Aramco's digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value th...
Dec 06, 2024
Ubisoft shareholders in talks over possible buyout terms, sources say
By Amy-Jo Crowley and Julie Zhu LONDON/HONG KONG (Reuters) -Shareholders of Ubisoft Entertainment SA are considering how to structure a possible buyout of the Assassin's Creed video game maker without...
Dec 06, 2024
