Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Banks sell down $5.5 billion of Musk's X debt to investors - source
(Reuters) - Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk's $44 billion acquisition of Twitter, now called X, in 2022, said a source wit...
Thomson Reuters Feb 05, 2025
Tiktok's Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports
(Reuters) - Short video app TikTok's owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval from the Chinese government, even as President Donald Trump's allies ra...
Thomson Reuters Feb 05, 2025
BlackRock prepares to launch bitcoin exchange-traded product in Europe, source says
By Iain Withers LONDON (Reuters) - BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for e...
Thomson Reuters Feb 05, 2025
MicroStrategy deepens bitcoin focus with rebrand
(Reuters) - MicroStrategy, the biggest corporate holder of bitcoin, said on Wednesday it would now operate as "Strategy" and unveiled a new logo to emphasize its commitment to the cryptocurrency space...
Thomson Reuters Feb 05, 2025
Exclusive-Amazon set to release long-delayed Alexa generative AI revamp
By Greg Bensinger (Reuters) - Amazon is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service, said three people familiar with the matter, and has sche...
Thomson Reuters Feb 05, 2025
Soitec cuts 2025 guidance due to weak automotive market
By Ozan Ergenay (Reuters) - French semiconductor materials supplier Soitec on Wednesday cut its sales forecast for 2025, citing a couple of customers asking to put some deliveries on hold due to worse...
Thomson Reuters Feb 05, 2025
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
By Deborah Mary Sophia (Reuters) - The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, after Microsoft and Google's lackluster...
Thomson Reuters Feb 05, 2025
Google introduces new class of cheap AI models as cost concerns intensify
By Kenrick Cai SAN FRANCISCO - Alphabet's Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artific...
Thomson Reuters Feb 05, 2025
Google says commercial quantum computing applications arriving within five years
By Max A. Cherney SAN FRANCISCO (Reuters) - Google aims to release commercial quantum computing applications within five years, Google's head of quantum told Reuters on Wednesday, in a challenge to Nv...
Thomson Reuters Feb 05, 2025
German activists sue X demanding election influence data
By Thomas Escritt BERLIN (Reuters) - Activist groups have sued Elon Musk's social media platform X in a Berlin court, accusing it of breaking European law by not giving them the information they need ...
Thomson Reuters Feb 05, 2025
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