Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Exclusive-Bain sought $10 billion valuation for Japan's Kioxia, investors only wanted to pay half
By Miho Uranaka and Sam Nussey TOKYO (Reuters) - Investors pushed Bain Capital to almost halve the valuation it was seeking for Japan's Kioxia in an IPO, leading the U.S. buyout firm to scrap its plan...
Thomson Reuters Oct 11, 2024
TomTom sees location tech sales at low end of guidance as weak auto demand weighs
By Mathias de Rozario (Reuters) - Digital mapping specialist TomTom expects annual sales of its location technology unit to come at the lower end of its guidance range of 490-520 million euros ($536-5...
Thomson Reuters Oct 11, 2024
ByteDance cuts over 700 jobs in Malaysia in shift towards AI moderation, sources say
By Rozanna Latiff KUALA LUMPUR (Reuters) - China's ByteDance, the parent of social media platform TikTok, has laid off more than 700 workers from its Malaysian unit as the company shifts focus towards...
Thomson Reuters Oct 10, 2024
Exclusive-Japan payments company Infcurion says planning IPO in 2025
By Makiko Yamazaki and Sam Nussey TOKYO (Reuters) - Japanese payments company Infcurion is planning an initial public offering in Tokyo in 2025 as the company looks to accelerate its growth including ...
Thomson Reuters Oct 10, 2024
Tesla's Musk to unveil robotaxis amid fanfare and skepticism
By Abhirup Roy and Akash Sriram (Reuters) - Tesla is set to unveil its long-promised robotaxi in Hollywood late on Thursday and update investors on artificial intelligence projects, efforts CEO Elon M...
Thomson Reuters Oct 10, 2024
Bosch, Tenstorrent to collaborate on standardizing automotive chips
By Max A. Cherney SAN FRANCISCO (Reuters) - German industrial giant Bosch will collaborate with U.S. chip startup Tenstorrent to develop a platform for standardizing the building blocks of automotive ...
Thomson Reuters Oct 10, 2024
Battery maker Northvolt says it will be able to pay its upcoming taxes
STOCKHOLM (Reuters) - Swedish battery maker Northvolt will be able to pay its taxes that fall due on Oct. 14, it told Reuters on Thursday, putting to bed speculation over whether or not the struggling...
Thomson Reuters Oct 10, 2024
Dutch economy minister pushes for European chip industry coalition
ROME (Reuters) - The Dutch economy minister said on Thursday he wants to form a European Union "coalition of the willing" to strengthen their domestic computer chip industries and remain competitive w...
Thomson Reuters Oct 10, 2024
Big Tech proposes power-rate terms in Ohio data-center fight
NEW YORK (Reuters) - Microsoft, Alphabet, Meta, Amazon and other tech firms have proposed an alternative framework for how data centers pay for power in Ohio, according to documents filed with regulat...
Thomson Reuters Oct 10, 2024
US SEC charges Cumberland DRW for acting as unregistered dealer in crypto markets
By Hannah Lang WASHINGTON (Reuters) -The U.S. Securities and Exchange Commission charged crypto market maker Cumberland DRW on Thursday with acting as an unregistered dealer for more than $2 billion i...
Thomson Reuters Oct 10, 2024
Sat Jul 11
Green Bay, WI, USA
Feels Like: 84°F
Wind/Dir: 16 MPH-S
Humidity: 43%

