Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Verizon to shed 274 stores, lay off another 500 corporate employees
July 16 (Reuters) - U.S. wireless carrier Verizon said it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its ongoing restructuring. In total, the moves will i...
Thomson Reuters Jul 16, 2026
Italy fines WINDTRE €1.7 million over data breaches
MILAN, July 16 (Reuters) - Italy's data protection authority has fined telecoms operator WINDTRE 1.7 million ($1.94 million) for "serious shortcomings" in its data security systems, leading to two una...
Thomson Reuters Jul 16, 2026
Factbox-How Uber, Delivery Hero and rivals stack up in global food delivery
July 16 - Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition. The transaction...
Thomson Reuters Jul 16, 2026
Chinese filing implies DeepSeek valuation of around $52 billion
By Eduardo Baptista BEIJING, July 16 (Reuters) - Chinese luggage maker Anhui Korrun said on Thursday a fund it invested in deployed 2.9 billion yuan for an indirect 0.8265% stake in DeepSeek, implying...
Thomson Reuters Jul 16, 2026
Nvidia-backed startup Fireworks valued at $17.5 billion in latest funding
July 16 (Reuters) - Nvidia-backed AI infrastructure startup Fireworks said on Thursday it raised $1.51 billion at a $17.5 billion valuation to expand its engineering team and global compute capacity. ...
Thomson Reuters Jul 16, 2026
Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex
NEW YORK, July 16 (Reuters) - Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock slippe...
Thomson Reuters Jul 16, 2026
Truth Social to sell trading firms 'fastest' access to Trump's posts
By Deborah Mary Sophia and Saqib Iqbal Ahmed July 16 (Reuters) - Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks and trading firms "the fastest" access ...
Thomson Reuters Jul 16, 2026
Organised crime groups move billions through crypto, global financial crime watchdog warns
By Elizabeth Howcroft PARIS, July 16 (Reuters) - Criminals are taking advantage of gaps in regulation to move billions in illicit proceeds through the crypto industry, the Financial Action Task Force ...
Thomson Reuters Jul 16, 2026
Micron signs deals with Qualcomm, others for AI-powered automobile chip components
July 16 (Reuters) - Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer Qualcomm and audio products maker Harman, to secure memory and storage ...
Thomson Reuters Jul 16, 2026
IDF, Oaktree to invest $1.7 billion in Bloom Energy fuel cells for AI infrastructure
July 16 (Reuters) - Industrial Development Funding (IDF) and U.S.-based asset manager Oaktree said on Thursday they will invest $1.7 billion in deploying Bloom Energy's fuel-cell technology to help po...
Thomson Reuters Jul 16, 2026
Wed Sep 23
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