Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
CrowdStrike is sued by fliers after massive outage disrupts air travel
By Jonathan Stempel (Reuters) - CrowdStrike's legal troubles from last month's massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights w...
Aug 05, 2024
Lumen secures deals worth $5 billion on AI driven demand for connectivity
(Reuters) - Telecommunications firm Lumen Technologies has secured new deals worth $5 billion from cloud and tech companies for its networking and cyber-security solutions as more businesses rush to a...
Aug 05, 2024
TikTok says court should reject US Justice secret filings in divestiture suit
WASHINGTON (Reuters) - TikTok and parent company ByteDance asked a U.S. appeals court on Monday to reject the Justice Department's bid to file part of its legal case in secret that defends a law seeki...
Aug 05, 2024
Palantir raises annual revenue forecast on AI strength
(Reuters) - Palantir Technologies raised its annual revenue forecast for the second time this year on Monday, the latest sign that the generative AI boom is driving up demand for its software services...
Aug 05, 2024
U.S. judge rules Google has a monopoly on search in antitrust case
WASHINGTON (Reuters) -Alphabet's Google broke the law with its monopoly over online searches and related ads, a federal judge ruled on Monday, in the U.S. Justice Department's first victory against a ...
Aug 05, 2024
Online trading platforms down for thousands of users, Downdetector shows
(Reuters) - Online trading platforms Charles Schwab, Fidelity Investments and TD Ameritrade were down for thousands of users on Monday, according to outage tracking website Downdetector.com. (Reportin...
Aug 05, 2024
Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia
(Reuters) -Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway's decision to cut its stake in the iPhone maker punctured a months-long rally i...
Aug 05, 2024
Apax funds to take Thoughtworks private in $1.75 billion deal
(Reuters) - Thoughtworks will be taken private by Apax funds in a deal for about $1.75 billion, the technology consultancy firm said on Monday. (Reporting by Priyanka.G in Bengaluru; Editing by Savio ...
Aug 05, 2024
Elon Musk revives lawsuit against Sam Altman and OpenAI, NYT reports
(Reuters) - Billionaire Elon Musk has revived a lawsuit against ChatGPT-maker OpenAI and its CEO Sam Altman, alleging that the firm put profits and commercial interests ahead of the public good, the N...
Aug 05, 2024
Indian e-scooter maker Ola Electric's IPO fully subscribed
BENGALURU (Reuters) - Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bids for shares in the Indian electric scooter maker. The SoftBank-backed comp...
Aug 05, 2024
