Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Bosch's India unit posts higher quarterly profit on strong auto parts sales
(Reuters) -Bosch reported a higher first-quarter profit on Monday, helped by strong sales of spare auto parts to passenger and off-highway vehicles as well as demand for its consumer electronic goods....
Thomson Reuters Aug 04, 2025
Exclusive-Genstar explores $5 billion sale of automotive software maker OEConnection, sources say
By Milana Vinn (Reuters) -Genstar Capital is exploring a sale of OEConnection, which it aims to value the automotive software provider also backed by Ford and General Motors at as much as $5 billion, ...
Thomson Reuters Aug 04, 2025
Kaynes Tech unit to invest $570 million in India's Tamil Nadu state
(Reuters) -Kaynes Technology India said on Monday its unit will invest roughly 49.95 billion rupees ($570.40 million) over the next six years in the southern state of Tamil Nadu. Kaynes Circuits India...
Thomson Reuters Aug 04, 2025
Tower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for its chips used in the automotive and indu...
Thomson Reuters Aug 04, 2025
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its AI data center power consumption during times of surging demand on the grid, ...
Thomson Reuters Aug 04, 2025
Lyft, China's Baidu to launch robotaxi service in Europe next year
By Akash Sriram (Reuters) -U.S. ride-hailing company Lyft said on Monday it will partner with China's Baidu to deploy robotaxis across Europe starting next year, marking the Chinese search engine gian...
Thomson Reuters Aug 04, 2025
Crypto firm Bullish seeks up to $4.2 billion valuation in US IPO
(Reuters) -Crypto exchange Bullish is targeting a valuation of up to $4.23 billion in its United States listing, the company said in a filing on Monday, launching its roadshow to capitalize on the mom...
Thomson Reuters Aug 04, 2025
China's Ant Group to exit India's Paytm, CNBC-TV18 reports
(Reuters) -China's Ant Group will exit Indian payments firm Paytm, selling its remaining 5.84% equity stake in block deals that could total 38 billion rupees ($433.72 million), CNBC-TV18 reported on M...
Thomson Reuters Aug 04, 2025
Tesla approves share award worth $29 billion to CEO Elon Musk
(Reuters) -Tesla has granted CEO Elon Musk 96 million shares worth about $29 billion, a move aimed at keeping the billionaire entrepreneur at the helm as he fights a court ruling that voided his origi...
Thomson Reuters Aug 04, 2025
Exclusive-Tesla's brand loyalty collapsed after Musk backed Trump, data shows
By Chris Kirkham LOS ANGELES, August 4 (Reuters) -Tesla for years had more repeat U.S. customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk endorsed Presiden...
Thomson Reuters Aug 04, 2025
Fri Jul 3
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