Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
US natgas producers chase AI-driven surge in power demand to weather low prices
By Mrinalika Roy (Reuters) - Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom in AI applications, aiming to ease the pressure f...
Thomson Reuters Nov 21, 2024
Technip Energies plans strategic expansion in India
(Reuters) - France's Technip Energies announced strategic expansion plans for India on Thursday, saying it plans to launch a new R&D lab in the country in 2025. The group, which specialises in enginee...
Thomson Reuters Nov 21, 2024
PayPal outage affects thousands worldwide
(Reuters) -Payments firm PayPal is facing a system issue that may be affecting multiple products, it said on Thursday. The outage comes on a day bitcoin, the world's largest cryptocurrency, has surged...
Thomson Reuters Nov 21, 2024
Digital banks lead profitability gains among Brazilian lenders, says central bank
By Marcela Ayres BRASILIA (Reuters) - Brazilian banks' profitability improved in the first half of this year, led by digital banks, and net interest income and service revenues should continue to rise...
Thomson Reuters Nov 21, 2024
European car sales flat in October, EVs gain ground, ACEA says
By Greta Rosen Fondahn and Alessandro Parodi (Reuters) -New car sales in Europe were flat in October, after falling for two consecutive months, industry data showed on Thursday, while the transition t...
Thomson Reuters Nov 21, 2024
Temu-owner PDD misses market estimates for Q3 revenue on weak consumer spending
(Reuters) -China's PDD Holdings fell short of market estimates for third-quarter revenue on Thursday, in a sign that promotional offers and discounts were not enough to lure cost-conscious consumers t...
Thomson Reuters Nov 21, 2024
Indian e-scooter maker Ola Electric to lay off 500 employees, Moneycontrol reports
(Reuters) - India's top electric scooter maker Ola Electric plans to cut about 500 jobs as it seeks to prioritise profitability, local business news publication Moneycontrol reported on Thursday, citi...
Thomson Reuters Nov 21, 2024
How AI and cloud computing may delay the transition to clean energy
By Valerie Volcovici and Laila Kearney BAKU, Azerbaijan/NEW YORK (Reuters) - A spike in electricity demand from the world's big data providers is raising a worrying possibility for the world's climate...
Thomson Reuters Nov 21, 2024
X's former top policy chief takes job with Elon Musk rival, Sam Altman
By Michelle Conlin NEW YORK (Reuters) - Nick Pickles, the former head of global affairs at Elon Musk's social media platform X, is joining forces with one of Musk's rivals, his fellow OpenAI co-founde...
Thomson Reuters Nov 21, 2024
US watchdog issues final rule to supervise Big Tech payments, digital wallets
By Douglas Gillison (Reuters) - Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject...
Thomson Reuters Nov 21, 2024

