Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Philippines levies 12% VAT tax on digital services by tech giants
MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the playi...
Oct 03, 2024
SWIFT to trial live digital currency transactions next year
By Alun John LONDON (Reuters) - Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital currencies next year, it said on Thursday, the latest step in the curre...
Oct 03, 2024
Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
By Akash Sriram and Abhirup Roy (Reuters) - A self-driving Tesla carrying a passenger for Uber rammed into an SUV at an intersection in suburban Las Vegas in April, an accident that sparked new concer...
Oct 03, 2024
Amazon plans to hire 250,000 workers for the holidays, same as last year
By Arriana McLymore NEW YORK (Reuters) - Amazon plans to hire 250,000 transportation and warehouse workers this holiday shopping season, the same number as last year as e-commerce spending is expected...
Oct 03, 2024
US offers EVgo conditional $1.05 billion loan for EV chargers
By Timothy Gardner WASHINGTON (Reuters) - The United States on Thursday offered EVgo a conditional loan guarantee of up to $1.05 billion to expand public electric vehicle-charging infrastructure acros...
Oct 03, 2024
OpenAI establishes $4 billion credit facility
(Reuters) - OpenAI said on Thursday it has established a new $4 billion credit facility with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS, and HSBC, in additi...
Oct 03, 2024
Thomson Reuters to sell FindLaw business to Internet Brands
(Reuters) -Thomson Reuters said on Thursday that it was selling its FindLaw business to Internet Brands. FindLaw provides online legal information and resources such as legal news, blogs, and state an...
Oct 03, 2024
Cisco set to invest in CoreWeave at $23 billion valuation, Bloomberg News reports
(Reuters) -Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23 billion, according to a Bloomberg News report on Thursday, citing people familiar with the matter. Nv...
Oct 03, 2024
China's WuXi explores sale of pharma units as US restrictions loom, FT reports
(Reuters) - Chinese biotech companies WuXi AppTec and WuXi Biologics, which are being targeted by a forthcoming U.S. national security legislation, are working on sales of some of their operations, th...
Oct 03, 2024
Tesla plans four new batteries in 2026, including for robotaxi, The Information reports
(Reuters) - Tesla plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric vehicles, the Information reported on Thursday, citing ...
Oct 03, 2024
