Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Investment manager VanEck files to list spot Solana ETF
(Reuters) - Investment manager VanEck filed to list an exchange-traded fund (ETF) tied to the spot price of crypto token Solana, according to a regulatory filing on Thursday. The filing comes months a...
Thomson Reuters Jun 27, 2024
SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
(Reuters) - Japanese technology investor SoftBank Group Corp's Vision Fund 2 is investing between $10 million and $20 million in U.S. search startup Perplexity AI at a valuation of $3 billion, Bloombe...
Thomson Reuters Jun 27, 2024
LinkedIn co-founder's background-checking startup KarmaCheck raises $45 million
By Niket Nishant (Reuters) - KarmaCheck, a background-checking startup led by LinkedIn co-founder Eric Ly, has raised $45 million in a funding round led by Parameter Ventures. The San Francisco-based ...
Thomson Reuters Jun 27, 2024
Micron falls as AI revenue surge falls short of lofty expectations
(Reuters) - Micron shares dropped 6% in premarket trading on Thursday after the chipmaker's current-quarter revenue forecast failed to impress investors looking for outsized results powered by the AI ...
Thomson Reuters Jun 27, 2024
Rivian investors to seek details on path to profits at investor day
By Akash Sriram (Reuters) - Rivian shareholders will seek details on the company's upcoming models and progress in cutting costs at an investor day event on Thursday, two days after the US electric ve...
Thomson Reuters Jun 27, 2024
Explainer-The 'BlackSuit' hacker behind the CDK Global attack hitting US car dealers
SAN FRANCISCO (Reuters) - A hack into software maker CDK Global has disrupted operations at auto dealerships across the U.S., the latest in a series of hacks where ransom-demanding cybercriminals targ...
Thomson Reuters Jun 27, 2024
France's OVHcloud tops Q3 revenue forecast on US growth
By Nathan Vifflin and Anna Peverieri (Reuters) - French cloud services provider OVHcloud reported third quarter revenue ahead of market expectations on Thursday, driven by strong demand from U.S. tech...
Thomson Reuters Jun 27, 2024
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
By Toby Sterling AMSTERDAM/HAMBURG (Reuters) - Nexperia, one of the world's largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to expa...
Thomson Reuters Jun 27, 2024
SoftBank Group launches AI healthcare joint venture with Tempus AI
(Corrects final paragraph to say Tempus AI listed in June, not May) TOKYO (Reuters) -Japanese technology investor SoftBank Group has launched a joint venture with Tempus AI that aims to analyse person...
Thomson Reuters Jun 27, 2024
Toyota's May global output slides with marked decline in China
TOKYO (Reuters) - Toyota's global production slid for a fourth straight month in May from a year earlier on lower output in many overseas markets, with the decline in China, where local brands have be...
Thomson Reuters Jun 27, 2024

