Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

By Ashwin Manikandan and Abinaya V June 22 (Reuters) - Meta Platforms will invest $900 million in Indian fintech startup CRED, valuing it at $4.5 billion, while tapping CRED's founder Kunal Shah to he...

June 22 (Reuters) - AI networking infrastructure firm Upscale AI said on Monday it had raised a $190 million extension to its early-stage funding round, bringing its valuation to $2 billion. Here are ...

June 22 (Reuters) - EV maker Lucid Group said on Monday it would cut about 18% of its U.S. workforce and announced COO Marc Winterhoff had left the company, marking its second major executive change i...

June 22 (Reuters) - Chevron said on Monday it has signed an agreement with Microsoft to develop a co-located facility that would provide natural-gas fired power to the technology giant's data center i...

By Harshita Mary Varghese June 22 (Reuters) - Elon Musk's SpaceX turned to the bond market for the first time, capitalizing on a post-IPO momentum that has vaulted its cash reserves past $100 billion ...

By Arriana McLymore and Koyena Das NEW YORK, June 22 (Reuters) - Amazon Prime Day starting on Tuesday will be a litmus test of U.S. shoppers' spending power, with the earlier-than-usual sales event in...

June 22 (Reuters) - Digital infrastructure company ITG is targeting a valuation of up to $2.67 billion in its U.S. market debut, joining a string of issuers rushing to capitalize on AI-driven demand a...

(Fixes name to Kuhn (previously Kahn) in paragraph 22) By Leo Marchandon PARIS, June 22 (Reuters) - Limits on access to some U.S. artificial intelligence services are pushing major European companies ...

BEIJING, June 22 (Reuters) - China's low Earth orbit satellite company SpaceSail, widely seen as a challenger to Elon Musk's Starlink, has launched a new round of fundraising, state media Securities T...

SAO PAULO, June 20 (Reuters) - Brazil's government suspects a hacking attack triggered an unauthorized alert sent to cell phones across parts of the country early on Saturday. In a statement, the Nati...