Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Elon Musk revives lawsuit against Sam Altman and OpenAI, NYT reports
(Reuters) - Billionaire Elon Musk has revived a lawsuit against ChatGPT-maker OpenAI and its CEO Sam Altman, alleging that the firm put profits and commercial interests ahead of the public good, the N...
Thomson Reuters Aug 5, 2024
Indian e-scooter maker Ola Electric's IPO fully subscribed
BENGALURU (Reuters) - Ola Electric's $734 million initial public offering (IPO) was fully subscribed on the second day of bids for shares in the Indian electric scooter maker. The SoftBank-backed comp...
Thomson Reuters Aug 5, 2024
China launches first satellites of constellation to rival Starlink, newspaper reports
By Eduardo Baptista BEIJING (Reuters) - A Chinese state-owned enterprise on Monday launched the first batch of satellites for a megaconstellation designed to rival U.S. company Space X's Starlink's ne...
Thomson Reuters Aug 5, 2024
Turkey to meet Instagram officials after access ban, minister says
ISTANBUL (Reuters) - Turkey's government will hold talks with Instagram officials on Monday after blocking access to the social media platform last week, Transport and Infrastructure Minister Abdulkad...
Thomson Reuters Aug 5, 2024
EU should limit curbs on outbound investment, semiconductor group says
AMSTERDAM (Reuters) - Semiconductor industry group SEMI Europe called on the European Union on Monday to place as few restrictions as possible on outbound investment in foreign computer chip technolog...
Thomson Reuters Aug 5, 2024
TikTok withdraws 'Lite' rewards from EU to comply with tech rules
(Reuters) - ByteDance's TikTok has agreed to permanently withdraw its TikTok Lite rewards programme from the EU to comply with the bloc's Digital Services Act (DSA), the European Commission said on Mo...
Thomson Reuters Aug 5, 2024
European tech stocks gripped by U.S. recession fears
(Reuters) - Shares of European tech and semiconductor stocks were down on Monday, as worries over a possible U.S. recession after soft data gripped financial markets and triggered a rush out of this y...
Thomson Reuters Aug 5, 2024
Infineon to cut 1,400 jobs worldwide, relocate another 1,400, says CEO
BERLIN (Reuters) - Infineon will cut 1,400 jobs worldwide and relocate a further 1,400 positions to countries with lower labour costs as part of a previously announced cost savings programme, the Germ...
Thomson Reuters Aug 5, 2024
Exclusive-China's Honor gets strong state backing as it readies IPO
By David Kirton SHENZHEN, China (Reuters) - Chinese smartphone maker Honor is receiving an unusually high level of support from local government backers, as the former Huawei unit prepares an initial ...
Thomson Reuters Aug 5, 2024
Infineon narrows revenue outlook after Q3 result misses forecast
BERLIN (Reuters) -German chipmaker Infineon narrowed the range for its full-year revenue outlook on Monday after it missed expectations for third-quarter revenue amid halting recovery in its target ma...
Thomson Reuters Aug 5, 2024
Thu Nov 5
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