Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
NinjaOne secures fresh funding at $5 billion valuation
(Reuters) - IT platform NinjaOne said on Monday that it has secured fresh financing of $500 million led by ICONIQ Growth and CapitalG, Alphabet's independent investment fund, valuing the company at $5...
Thomson Reuters Feb 24, 2025
Hedge funds exit tech, media stocks at fastest pace in six months, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) - Hedge funds exited U.S. tech and media stocks in the two weeks to February 21 at the fastest pace in six months, according to Goldman Sachs, just as Nvidia, one of...
Thomson Reuters Feb 24, 2025
US SEC closes investigation into Robinhood with no action
(Reuters) - Robinhood said on Monday U.S. Securities and Exchange Commission has closed the investigation into the crypto firm with no action. (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editi...
Thomson Reuters Feb 24, 2025
Microsoft shelves AI data-center deals in sign of potential oversupply, analyst says
By Aditya Soni (Reuters) - Microsoft has scrapped leases for sizeable data center capacity in the U.S., suggesting a potential oversupply at the tech giant as it builds out artificial intelligence inf...
Thomson Reuters Feb 24, 2025
Dutch software firm Bird to leave Europe due to onerous regulations in AI era, says CEO
AMSTERDAM (Reuters) - Cloud communications software firm Bird, one of the Netherlands' most prominent tech startups, plans to move most of its operations out of Europe, its CEO said, citing restrictiv...
Thomson Reuters Feb 24, 2025
Nvidia's chip demand faces scrutiny as DeepSeek stirs doubts on AI spending
By Arsheeya Bajwa (Reuters) - Demand for Nvidia's pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as investors doubt the hefty spending on the techn...
Thomson Reuters Feb 24, 2025
Apple plans Texas factory for AI servers, 20,000 research jobs
By Stephen Nellis (Reuters) - Apple on Monday said it plans to help bring online a quarter-million-square-foot factory in Texas by 2026 to build artificial intelligence servers and will add about 20,0...
Thomson Reuters Feb 24, 2025
India's IT sector should overhaul business, create own language models, HCLTech CEO says
By Haripriya Suresh and Akash Sriram MUMBAI (Reuters) - Indian IT firms need to rethink how they operate and the country needs to create its own language models as artificial intelligence technologies...
Thomson Reuters Feb 24, 2025
Indian tech sector seen growing at 5.1% in FY25, Nasscom says
MUMBAI (Reuters) - India's technology sector is expected to grow at 5.1% this fiscal year, driven by engineering research and development as well as rising global capacity centres, its main industry b...
Thomson Reuters Feb 24, 2025
Amgen plans $200 million investment in India site, CEO says
HYDERABAD (Reuters) - U.S. drugmaker Amgen will invest about $200 million this year in its new technology centre in southern India, with further investments planned, Chief Executive Officer Robert A. ...
Thomson Reuters Feb 24, 2025
Fri Oct 16
Sheboygan, WI, USA
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