Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China's robotaxi startup Pony AI raises $260 million in US IPO
(Reuters) - China-based robotaxi company Pony AI said on Wednesday it had raised $260 million in its U.S. initial public offering, pricing its American depositary shares at $13 each. (Reporting by Nik...
Thomson Reuters Dec 06, 2024
Exclusive-China's Hesai to halve lidar prices next year, sees wide adoption in electric cars
SHANGHAI (Reuters) - China's Hesai Group, the world's largest maker of lidar sensors for autonomous driving, said it plans to slash the price of its key product by half next year which should lead to ...
Thomson Reuters Dec 06, 2024
OpenAI allows employees to sell $1.5 billion stock to SoftBank, CNBC reports
(Reuters) - Microsoft-backed OpenAI is allowing its employees to sell roughly $1.5 billion worth of shares in a new tender offer to Japan's SoftBank Group, CNBC reported on Wednesday. (Reporting by An...
Thomson Reuters Dec 06, 2024
Vietnam PM hopes U.S. will recognise country as market economy
HANOI (Reuters) - Vietnam's Prime Minister Pham Minh Chinh told a business summit on Wednesday that he hoped the United States would recognise Vietnam as a market economy, noting that more than 70 oth...
Thomson Reuters Dec 06, 2024
Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffs
TAIPEI (Reuters) - Taiwan's Foxconn said on Wednesday it expects any impact of new tariffs from U.S. President-elect Donald Trump to hit it less than its rivals, citing its global manufacturing footpr...
Thomson Reuters Dec 06, 2024
Temasek-backed SeaTown and Lim form enterprise tech services firm Skyform
SINGAPORE (Reuters) - Asia-focused alternative investment firm SeaTown Holdings International said on Wednesday it had partnered with Singaporean tech investor and entrepreneur Lim Yuan En to set up a...
Thomson Reuters Dec 06, 2024
Samsung Elec replaces memory and foundry business heads in sweeping reshuffle
By Hyunjoo Jin and Heekyong Yang SEOUL (Reuters) - Samsung Electronics said on Wednesday it has named Jun Young-hyun as the new head of its memory chip business and co-CEO of the company, while Han Ji...
Thomson Reuters Dec 06, 2024
Australia Senate committee backs bill to ban social media for children
By Renju Jose SYDNEY (Reuters) - An Australian Senate committee has backed a bill that would ban social media for children under 16 but said social media platforms should not force users to submit per...
Thomson Reuters Dec 06, 2024
South Korea to roll out $10 billion in loans next year to support chip industry
SEOUL (Reuters) - South Korea plans to roll out 14 trillion won ($10 billion) of low-interest loans next year to support its chip industry, the finance ministry said, as the sector grapples with Chine...
Thomson Reuters Dec 06, 2024
Autodesk beats third-quarter revenue estimates, announces new CFO
(Reuters) - Autodesk beat Wall Street expectations for third-quarter revenue on Tuesday, benefiting from robust demand for its design software as clients boost spending in an easing economy. It also a...
Thomson Reuters Dec 06, 2024
Mon Aug 10
Sheboygan, WI, USA
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