Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Factbox-Meta's Scale AI stake buyout spotlights other major deals amid regulatory risks
(Reuters) -Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter. Scale AI said late on Thursday that the deal wou...
Thomson Reuters Jun 12, 2025
Meta finalizes investment in Scale AI, valuing startup at $29 billion
(Reuters) -Meta Platforms has finalized an investment in Scale AI that values the startup at over $29 billion, Scale AI said on Thursday. Two sources familiar with the matter said that Meta's investme...
Thomson Reuters Jun 12, 2025
Global EV sales rise in May as China hits 2025 peak -Rho Motion
By Jesus Calero (Reuters) -Global sales of electric and plug-in hybrid vehicles rose 24% in May compared with the same period a year ago, as strength in China offset slower growth in North America, ac...
Thomson Reuters Jun 12, 2025
Meta signs deal for advanced geothermal power in New Mexico
By Laila Kearney NEW YORK (Reuters) -Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced geothermal electricity in New Mexico to power the Facebook parent company's arti...
Thomson Reuters Jun 12, 2025
Tesla to take Japan virtual power plant business nationwide, Nikkei reports
(Reuters) -Tesla will expand its virtual power plant business in Japan by providing free storage batteries to companies and remotely managing them to help balance energy supply and demand, Nikkei repo...
Thomson Reuters Jun 12, 2025
Coinbase to launch CFTC-compliant perpetual futures trading in US
(Reuters) -Coinbase plans to launch perpetual futures trading in the United States, with the offering set to comply with regulatory standards outlined by the Commodity Futures Trading Commission, a to...
Thomson Reuters Jun 12, 2025
Google sues LATAM Airlines in US over Brazilian YouTube video dispute
By Blake Brittain (Reuters) -Alphabet's Google sued Chile-based LATAM Airlines in U.S. federal court in San Jose, California on Thursday, seeking a declaration that Brazilian courts cannot force the t...
Thomson Reuters Jun 12, 2025
Adobe raises annual forecasts on steady adoption of AI-powered tools
(Reuters) -Adobe raised its full-year results forecast on Thursday, helped by continued demand for its AI-powered software tools that generate images and video content. The company, an industry vetera...
Thomson Reuters Jun 12, 2025
Aircraft startup JetZero to invest $4.7 billion over a decade in North Carolina HQ
By Allison Lampert (Reuters) -U.S. aircraft startup JetZero, which has secured investments from United Airlines and Alaska Airlines, will invest $4.7 billion over a decade on a production facility and...
Thomson Reuters Jun 12, 2025
AMD unveils AI server as OpenAI taps its newest chips
By Max A. Cherney and Stephen Nellis SAN JOSE (Reuters) -Advanced Micro Devices CEO Lisa Su on Thursday unveiled a new artificial intelligence server for 2026 that aims to challenge Nvidia's flagship ...
Thomson Reuters Jun 12, 2025
Sat Nov 7
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