Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Meta faces April trial in FTC case seeking to unwind Instagram merger
By Jody Godoy NEW YORK (Reuters) - Facebook owner Meta Platforms will face trial in April over the U.S. Federal Trade Commission's allegations that the social media platform bought Instagram and Whats...
Thomson Reuters Dec 06, 2024
Google's US antitrust trial over online ad empire draws to a close
By Jody Godoy (Reuters) - The U.S. Department of Justice will make its final argument on Monday that Google illegally dominated online advertising technology, seeking a second antitrust win against th...
Thomson Reuters Dec 06, 2024
AI analytics firm Pyramid Analytics secures $50 million from BlackRock
By Medha Singh (Reuters) - Pyramid Analytics, an AI business analytics company, said on Monday it has raised $50 million in new financing from BlackRock, the world's biggest asset manager. WHY IT'S IM...
Thomson Reuters Dec 06, 2024
US finalizes awards to BAE Systems, Rocket Lab for semiconductor chips
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said on Monday it is finalizing nearly $60 million in government subsidies for BAE Systems to build chips used in jets and satel...
Thomson Reuters Dec 06, 2024
Corning offers to waive exclusive deals in EU antitrust probe, may stave off fine
By Foo Yun Chee and Bart H. Meijer BRUSSELS (Reuters) -Glass maker Corning has offered to scrap all exclusive clauses in its deals with mobile phone makers and raw glass processing companies to end an...
Thomson Reuters Dec 06, 2024
Intel expects reduced U.S. grant after winning defense contract
By Stephen Nellis (Reuters) -Intel expects a small reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker, according to a person familiar with the matter. The $8.5 billio...
Thomson Reuters Dec 06, 2024
Atos receives offer from French government for its advanced computing activities
(Reuters) -French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 ...
Thomson Reuters Dec 06, 2024
Chinese vice commerce minister meets with Nvidia senior executive
BEIJING (Reuters) - Wang Shouwen, China's vice commerce minister, met with Jay Puri, an executive vice president of Nvidia's worldwide field operations, in Beijing on Monday, China's Ministry of Comme...
Thomson Reuters Dec 06, 2024
Rio Tinto-backed lithium tech startup set to raise second round of funds
By Melanie Burton MELBOURNE (Reuters) - A lithium technology startup backed by Rio Tinto expects to finalise a funding round in the next week to raise A$29 million ($19 million), even as the global li...
Thomson Reuters Dec 06, 2024
Cyberattacks cost British businesses $55 billion in past five years, broker says
LONDON (Reuters) - Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least o...
Thomson Reuters Dec 06, 2024
Mon Aug 10
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