Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
EU electric car sales drop in May as German demand slumps, industry says
By Alessandro Parodi and Greta Rosen Fondahn (Reuters) - Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from Euro...
Thomson Reuters Jun 20, 2024
India financial watchdog imposes $2.25 million penalty on Binance
MUMBAI (Reuters) - India's Financial Intelligence Unit (FIU) imposed a fine of 188.2 million rupees ($2.25 million) on Binance, the world's largest crypto exchange, for operating in the country in vio...
Thomson Reuters Jun 20, 2024
SoftBank's Son: will ramp up US power business for generative AI
TOKYO (Reuters) - Japan's SoftBank Group will ramp up its power generation business primarily in the United States to supply power to generative artificial intelligence projects worldwide, founder Mas...
Thomson Reuters Jun 19, 2024
China's Dida to raise up to $35 million in Hong Kong IPO
By Scott Murdoch SYDNEY (Reuters) - Chinese ride-share app operator Dida has launched a Hong Kong initial public offering (IPO) to raise up to HK$273.7 million ($35.06 million), regulatory filings sho...
Thomson Reuters Jun 19, 2024
UK takes top spot in Europe for GenAI startups, Accel says
By Supantha Mukherjee STOCKHOLM (Reuters) - The United Kingdom is home to the biggest number of generative AI (GenAI) startups across Europe and Israel, followed by Germany and Israel, according to a ...
Thomson Reuters Jun 19, 2024
CDK Global investigating cyber incident, briefly shut all systems
(Reuters) - Retail technology and software provider CDK Global was investigating a cyber incident and had briefly shut down all its systems proactively, it said on Wednesday. The company, which provid...
Thomson Reuters Jun 19, 2024
Brazil's CBMM starts testing ultra-fast charging batteries in Volkswagen bus
By Marta Nogueira RIO DE JANEIRO (Reuters) - Brazilian miner CBMM has started to test on Volkswagen electric trucks a niobium-based battery that it claims can be charged way faster than the others in ...
Thomson Reuters Jun 19, 2024
Northvolt reviewing plans for new Swedish gigafactory
OSLO (Reuters) - Swedish lithium-ion battery producer Northvolt is reviewing plans to build a new plant in Borlange in central Sweden but has not reached any decisions, it said on Wednesday, after a n...
Thomson Reuters Jun 19, 2024
Dell assembling racks for xAI's supercomputer, Elon Musk says
(Reuters) - Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk said in a post on social media platform X on Wednesday. The U.S. busines...
Thomson Reuters Jun 19, 2024
Amazon invests $11 billion to expand cloud and logistics in Germany
BERLIN (Reuters) - Amazon will invest 10 billion euros ($10.75 billion) as demand for its cloud services and retail goods in Europe's biggest economy keeps growing, the US technology and retail compan...
Thomson Reuters Jun 19, 2024

