Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Canada to push ahead with digital services tax on global tech firms starting 2024
OTTAWA, April 16 (Reuters) - Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion ($4.3 billion) over the five years start...
Apr 16, 2024
Exclusive-Software vendor Envestnet explores sale after receiving takeover interest, sources say
By Milana Vinn NEW YORK (Reuters) - Envestnet, a U.S. vendor of software that helps manage investments, is exploring options that could include a potential sale after receiving takeover interest, peop...
Apr 16, 2024
Social media platform X withholds some political posts in India after election commission order
(Reuters) - Social media platform X said on Tuesday it withheld some posts in India containing political speech from elected politicians, political parties, and candidates for office after the country...
Apr 16, 2024
Vote on EU cybersecurity label delayed to May, sources say
By Foo Yun Chee BRUSSELS (Reuters) - National cybersecurity experts have shelved a vote on a draft EU cybersecurity label allowing Amazon, Alphabet's Google and Microsoft to bid for highly sensitive E...
Apr 16, 2024
Portugal's far-right Chega vows legal action over 10-year Facebook curbs
By Patricia Vicente Rua LISBON (Reuters) - Portugal's far-right party Chega will take legal action against Meta Platforms' decision to restrict the party's Facebook account for 10 years, a party spoke...
Apr 16, 2024
Startup Rivos raises $250 million to develop RISC-V AI chips
By Max A. Cherney (Reuters) - Chip startup Rivos said on Tuesday it raised $250 million in a funding round that will enable it to manufacture its first server chip geared for artificial intelligence. ...
Apr 16, 2024
AMD introduces AI chips for business laptops and desktops
(Reuters) -Advanced Micro Devices unveiled a new series of chips for artificial intelligence-enabled personal computers on Tuesday as it looks to expand its share of the lucrative "AI PCs" market. The...
Apr 16, 2024
India defers approval of Paytm's investment in its payments arm, sources say
By Nikunj Ohri, Shivangi Acharya and Sarita Chaganti Singh NEW DELHI (Reuters) - India has deferred approval of Paytm's 500 million rupee ($6 million) investment in its Paytm Payment Services arm in p...
Apr 16, 2024
Bain proposes IPO of Japan's Kioxia to clear way for $5.8 billion loan refinance, source says
By Miho Uranaka TOKYO (Reuters) - Bain Capital has proposed an initial public offering (IPO) of Japan's Kioxia Holdings as part of a plan to allow the money-losing chipmaker to refinance a $5.8 billio...
Apr 16, 2024
Microsoft-backed Rubrik targets up to $5.4 billion valuation in US IPO
(Reuters) -Cybersecurity software firm Rubrik, backed by Microsoft, said on Tuesday it was targeting a valuation of up to $5.44 billion in its U.S. initial public offering. Technology companies have b...
Apr 16, 2024
