Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Emerson proposes to acquire remaining shares of AspenTech
(Reuters) - Emerson Electric made a proposal on Tuesday to acquire the remaining outstanding shares of common stock of AspenTech for $240 per share in cash. Emerson has 55% majority share in AspenTech...
Thomson Reuters Nov 05, 2024
Singapore's Keppel to buy Japanese AI data centre amid AI boom
(Reuters) - Singapore's Keppel said on Tuesday it has agreed to buy an artificial intelligence-ready data centre facility being developed by Japan's biggest property group Mitsui Fudosan in Tokyo. The...
Thomson Reuters Nov 05, 2024
China state-linked group accused of hacking SingTel, Bloomberg News reports
(Reuters) - A China state-sponsored hacking group had breached Singapore Telecommunications (SingTel) in June as a part of a global campaign targeting telecom companies and critical infrastructure ope...
Thomson Reuters Nov 05, 2024
Tesla increases wages for staff at German gigafactory by 4%
BERLIN (Reuters) -Tesla has raised the wages of all employees at its German gigafactory outside Berlin by 4% since the start of November, the U.S. electric carmaker said on Tuesday. The hike comes a m...
Thomson Reuters Nov 05, 2024
Japan's Kioxia sees flash memory demand almost tripling by 2028
By Sam Nussey KITAKAMI, Japan (Reuters) - Bain Capital-backed Kioxia said on Tuesday it expects demand for flash memory to increase by about 2.7 times in the five years to 2028 on the back of the boom...
Thomson Reuters Nov 05, 2024
Foxconn says Oct revenue +8.59% y/y, Q4 outlook good
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Tuesday reported revenue for October rose 8.59% year-on-year to reach the h...
Thomson Reuters Nov 05, 2024
South Korea fines Meta about $15 million over collection of user data
SEOUL (Reuters) - South Korea has ordered Facebook owner Meta Platforms to pay 21.62 billion won ($15.67 million) in fines after finding it had collected sensitive user data and given it to advertiser...
Thomson Reuters Nov 05, 2024
French IT firm Atos agrees to sell Worldgrid unit to Alten
PARIS (Reuters) - Atos said on Tuesday it had signed an agreement to sell its Worldgrid business unit to Alten for 270 million euros ($293.7 million) on an enterprise value basis, in a transaction exp...
Thomson Reuters Nov 05, 2024
Nintendo cuts annual profit forecast by 10% as Switch sales slow
TOKYO (Reuters) - Nintendo on Tuesday cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion), as its ageing Switch console loses steam. The Kyoto-based ...
Thomson Reuters Nov 05, 2024
After SpaceX's requests, Taiwanese suppliers move manufacturing abroad, sources say
By Francesco Guarascio, Khanh Vu and Ben Blanchard HANOI/TAIPEI (Reuters) - Elon Musk's SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions o...
Thomson Reuters Nov 05, 2024

