Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
YouTube hikes prices for US premium subscribers for the first time
(Reuters) -YouTube, Google's video streaming platform, hiked prices on its monthly and annual premium plans in the United States for the first time since the subscription service was launched in 2018....
Jul 20, 2023
Bain Capital raises SoftwareOne takeover offer to $3.7 billion – Bloomberg News
(Reuters) - Bain Capital has increased its offer for SoftwareOne Holding AG to about 3.2 billion Swiss francs ($3.72 billion), Bloomberg News reported on Thursday, citing people with knowledge of the ...
Jul 20, 2023
Cerebras Systems signs $100 million AI supercomputer deal with UAE’s G42
By Stephen Nellis and Krystal Hu (Reuters) - Cerebras Systems on Thursday said that it has signed an approximately $100 million deal to supply the first of three artificial intelligence (AI) supercomp...
Jul 20, 2023
Reliable Robotics gets FAA approval to test automated aircraft systems
By Paul Lienert (Reuters) - Reliable Robotics, a Silicon Valley startup aiming to automate conventional fixed-wing planes, has received approval from the Federal Aviation Administration to proceed wit...
Jul 20, 2023
Dutch SPAC in advanced talks to acquire electric vehicle group
LONDON (Reuters) - SPEAR Investments I, a special purpose acquisition company (SPAC), is in advanced discussions to acquire QEV Technologies, a Spanish electric vehicle firm, at a valuation of 209 mil...
Jul 20, 2023
Auto supplier Magna to invest $790 million to build three new facilities
(Reuters) - Canadian auto parts maker Magna International Inc said on Thursday it will invest $790 million to build three new supplier facilities, two of which will be housed at Ford Motor Co's BlueOv...
Jul 20, 2023
UK antitrust regulator: We await new Microsoft proposal on Activision deal
LONDON (Reuters) - Britain's antitrust regulator is waiting for Microsoft to submit a modified deal structure to buy "Call of Duty" maker Activision Blizzard, its boss Sarah Cardell said on Thursday. ...
Jul 20, 2023
Chinese automakers sold 75% of EVs in Southeast Asia in Q1 – study
By Devjyot Ghoshal BANGKOK (Reuters) - Chinese automakers dominated Southeast Asia's fast-growing electric vehicle market, selling three out of every four EVs in the first quarter, research firm Count...
Jul 20, 2023
Truist misses profit estimates amid bigger credit-loss provisions
(Reuters) - Truist Financial missed estimates for second-quarter profit on Thursday, as the bank set aside more rainy-day funds to cover for potential defaults in a tough economy. Banks have begun to ...
Jul 20, 2023
India’s Infosys cuts FY outlook in challenging environment after Q1 profit miss
BENGALURU (Reuters) - Indian software services provider Infosys on Thursday cut its full-year revenue growth outlook, due to a challenging environment, after reporting first quarter profit below estim...
Jul 20, 2023
