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

By Elvira Pollina MILAN, Jan 6 (Reuters) - Telecom Italia (TIM) and Swisscom's Italian unit Fastweb are nearing a mobile network-sharing deal to cut costs of upgrading and operating their 5G infrastru...

Jan 6 (Reuters) - Elon Musk's artificial intelligence startup xAI announced Tuesday it raised $20 billion in an upsized Series E funding round, exceeding its $15 billion target as it ramps up developm...

Jan 6 (Reuters) - Meta Platforms said on Tuesday it has appointed C.J. Mahoney, a seasoned legal executive with a career in both the technology sector and U.S. government, as its new chief legal offic...

Jan 6 (Reuters) - LMArena said on Tuesday its valuation had tripled to $1.7 billion in about eight months, following a new funding round where it raised $150 million, as investors continue to pour mon...

Jan 6 (Reuters) - Buyout firm Hg Capital will buy OneStream in an all-cash deal valued at $6.4 billion, the financial software maker said on Tuesday. Shareholders will receive $24 per share in cash. T...

Jan 6 (Reuters) - Shares of U.S. heating, ventilation and air conditioning-related companies dropped on Tuesday after Nvidia CEO Jensen Huang said that the company's upcoming chips could significantly...

LAS VEGAS, Nevada, Jan 6 (Reuters) - The United States government is "working feverishly" on license applications for Nvidia to ship its H200 chips to China, but the company still does not know when t...

Jan 6 (Reuters) - The U.S. Midwest grid has teamed up with Microsoft, it said on Tuesday, in the latest instance of Big Tech turning to collaboration to help ensure the massive amounts of electricity ...

BERLIN, Jan 6 (Reuters) - The EU Commission must take legal action to stop the "industrialization of sexual harassment" taking place on Elon Musk's social media platform X, Germany's media minister, W...

Jan 6 (Reuters) - Marvell Technology said on Tuesday it will buy networking equipment provider XConn Technologies in a deal worth about $540 million, as the chipmaker doubles down on data center hardw...