Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Switch in talks to raise funds at $50 billion-plus valuation, The Information reports
June 4 (Reuters) - Data center developer Switch is in talks to raise billions of dollars at a valuation of at least $50 billion, The Information reported on Thursday, citing people with knowledge of t...
Jun 04, 2026
Exclusive-South Korea labour minister calls on tech firms to share excess AI profits with suppliers, staff
By Heejin Kim and Hyunjoo Jin SEOUL, June 5 (Reuters) - South Korea's labour minister called on the country's major tech firms to share the spoils of their massive windfall profits, warning that unpre...
Jun 04, 2026
US officials eye government stakes in AI companies, NOTUS reports
June 4 (Reuters) - Senior U.S. officials held preliminary discussions with major AI companies about the potential for the government to buy some shares in their firms, digital news outlet NOTUS report...
Jun 04, 2026
Anthropic urges AI labs to pause development, warns humans risk losing control
By Aditya Soni June 5 (Reuters) - Anthropic is calling on major artificial intelligence labs to consider a coordinated and verifiable pause in development, warning that rapid advances in the technolog...
Jun 04, 2026
SpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules
By Pritam Biswas and Noel Randewich June 4 (Reuters) - S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by eff...
Jun 04, 2026
Exclusive-SpaceX tells banks it won't move its $135-a-share IPO price
By Echo Wang NEW YORK, June 4 (Reuters) - SpaceX told banks in its $75 billion initial public offering that it is set on the $135-a-share price that the firm disclosed on Wednesday in its amended IPO ...
Jun 04, 2026
Fed's Daly says AI is not for now driving inflation up or down
June 4 (Reuters) - San Francisco Federal Reserve President Mary Daly on Thursday said that while she believes AI over a five- to 10-year window could be a deflationary force, the effect is "not a pres...
Jun 04, 2026
Soccer-FIFA unveils Netflix World Cup game timed for 2026 tournament kickoff
June 4 (Reuters) - FIFA will release a new football video game, FIFA World Cup: Launch Edition, on Netflix Games on June 11, timed to coincide with the start of the 2026 World Cup, the soccer governin...
Jun 04, 2026
US House lawmakers release draft bill to prohibit state AI rules
By Courtney Rozen and David Shepardson WASHINGTON, June 4 (Reuters) - A bipartisan pair of U.S. House lawmakers released draft legislation on Thursday that would prohibit states from regulating the de...
Jun 04, 2026
Liftoff Mobile valued at $4.18 billion as shares rise 9% in Nasdaq debut
June 4 (Reuters) - Liftoff Mobile's shares rose about 9% in their Nasdaq debut on Thursday, valuing the company at about $4.18 billion and marking the latest private equity-backed listing to benefit f...
Jun 04, 2026
