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

Oct 26 (Reuters) - Shares of neocloud companies declined on Monday after SpaceX CEO Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI i...

(Corrects paragraph 8 and graphic to additional (not total) technology spending following clarification from Deutsche Bank) By Tom Sims and Hakan Ersen FRANKFURT, Oct 26 (Reuters) - AI is helping Deut...

Oct 26 (Reuters) - Meta Platforms said on Monday it plans to raise up to $95 billion in its largest-ever equity fundraising, as the social media giant spends aggressively on its costly AI infrastructu...

Oct 26 (Reuters) - Verizon raised its annual forecast for wireless subscriber additions on Monday, betting on strong demand for its simplified plans, and signed an AI infrastructure deal worth more th...

SAO PAULO, Oct 26 (Reuters) - Brazilian lender Itau said on Monday it had entered an agreement to acquire all shares issued by artificial intelligence startup NeoSpace AI. Under the deal, the bank wil...

NEW DELHI, Oct 26 (Reuters) - A group of 21 news publishers, including companies owned by billionaires Mukesh Ambani and Gautam Adani, has challenged India's privacy law in court, arguing it would tra...

Oct 26 (Reuters) - British technology services provider Computacenter on Monday forecast annual profit above market expectations for the fourth time this year, driven by steady demand from AI data cen...

Oct 26 (Reuters) - Tata Communications, which offers data connections and cybersecurity to enterprises, announced investments of close to $450 million on Monday to build high-speed network cables conn...

By Kane Wu and Yantoultra Ngui HONG KONG, Oct 26 (Reuters) - IDG Capital has emerged as the most advanced bidder to buy the electronics assembly equipment business of Hong Kong-listed ASMPT, in a deal...

By Francesco Guarascio, Khanh Vu and Toby Sterling HANOI/AMSTERDAM, Oct 26 (Reuters) - Vietnam is unlikely to meet a 2027 target for its first semiconductor plant to embark on a trial production run, ...