Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

By Krystal Hu and Jaspreet Singh (Reuters) - OpenAI must transition to a for-profit company by the end of the year to secure the full $40 billion funding led by SoftBank it is in the final stages of r...

(Reuters) - Artificial intelligence startup Scale AI is seeking a valuation as high as $25 billion in a potential tender offer as it looks to capitalize on the booming demand for the technology, Busin...

(Reuters) - U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said on Friday. CNBC was the first to report earlier in the day tha...

By Dawn Chmielewski, Katie Paul and Kane Wu (Reuters) -Private equity firm Blackstone is evaluating taking a small minority investment in TikTok's U.S. operations, according to two people familiar wit...

(Reuters) - Elon Musk's X was down for tens of thousands of users in the U.S. on Friday, according to outage tracking website Downdetector.com. There were more than 53,000 incidents of people reportin...

(Reuters) - CoreWeave's shares opened nearly 3% below their initial public offering price on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully dilut...

By Pete Schroeder WASHINGTON (Reuters) -Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities. The Federal Deposit ...

(Reuters) - PayPal shares fell 4% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating U.S.-Europe trade tensions and potential ...

(Reuters) - Wolfspeed's shares slumped about 48% on Friday, hitting their lowest since 1998, a day after the chipmaker appointed a new CEO amid its struggles to improve its financial position. The com...

(Reuters) - CoreWeave's shares were set to open up to 25% above their offer price in the company's debut on the Nasdaq on Friday. The Nvidia-backed AI infrastructure firm's stock was indicated to trad...