Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Apple supplier Goertek to buy Luen Fung Commercial's units for $1.3 billion
BEIJING (Reuters) -Apple supplier Goertek Inc said on Tuesday it plans to buy two units of Hong Kong's Luen Fung Commercial Holdings for about combined HK$10.4 billion ($1.32 billion). The acquisition...
Thomson Reuters Jul 22, 2025
Indian fintech firm Paytm swings to profit, expects further boost
(Reuters) -Indian fintech firm Paytm swung to a profit for the first time since September 2024, driven by robust growth in its lending business and tight cost controls, and said it expects a further i...
Thomson Reuters Jul 22, 2025
Oracle, OpenAI to add 4.5 gigawatts data center capacity for Stargate venture
(Reuters) -Cloud firm Oracle and OpenAI plan to develop 4.5 gigawatts of additional data center capacity, the ChatGPT developer said on Tuesday. The commitment is part of their Stargate joint venture,...
Thomson Reuters Jul 22, 2025
Tesla's easy money from regulatory credits set to dry up amid weakening sales
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -A key driver of Tesla's profit is disappearing fast as the U.S. government changes policies on an environmental asset known as regulatory credi...
Thomson Reuters Jul 22, 2025
Brazil's Totvs agrees to buy StoneCo's Linx unit
SAO PAULO (Reuters) -Brazilian software company Totvs has agreed to buy StoneCo's Linx unit in a deal worth 3.05 billion reais ($547.90 million), it said on Tuesday, adding that it expects the move to...
Thomson Reuters Jul 22, 2025
One in four German startups could leave over lack of capital, poll finds
BERLIN (Reuters) -One in four tech startups in Germany is considering leaving the country due to concerns that an economic slowdown in Europe's largest economy was weighing on prospects for securing v...
Thomson Reuters Jul 22, 2025
HP owed over $940 million by Mike Lynch's estate, ex-business partner, UK court rules
LONDON (Reuters) -Hewlett Packard is owed more than 700 million pounds ($944 million) from the estate of the late Mike Lynch and his former business partner over its acquisition of their British softw...
Thomson Reuters Jul 22, 2025
Alphabet will seek to reassure investors as AI rivals step up competition
By Deborah Mary Sophia and Zaheer Kachwala (Reuters) -Alphabet, faced with unprecedented threats from AI rivals, will be keen to assure investors this week that the company's own spending on the techn...
Thomson Reuters Jul 22, 2025
Indonesia targets foreign investment with new AI roadmap, official says
By Stanley Widianto JAKARTA (Reuters) -Indonesia will finish work next month on its first national strategy on artificial intelligence in a bid to attract foreign investment, an official said, as Sout...
Thomson Reuters Jul 22, 2025
US startup xLight raises $40 million in race against China for key chipmaking laser
By Stephen Nellis PALO ALTO, California (Reuters) -Silicon Valley startup xLight has raised $40 million, aiming to build the first prototype of a new class of laser that could shake up the global chip...
Thomson Reuters Jul 22, 2025

