Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Italy fines WINDTRE €1.7 million over data breaches
MILAN, July 16 (Reuters) - Italy's data protection authority has fined telecoms operator WINDTRE 1.7 million ($1.94 million) for "serious shortcomings" in its data security systems, leading to two una...
Thomson Reuters Jul 16, 2026
Factbox-How Uber, Delivery Hero and rivals stack up in global food delivery
July 16 - Uber will buy Delivery Hero in a deal valuing the German firm at $14.8 billion to create the largest food-delivery group outside China and stave off intensifying competition. The transaction...
Thomson Reuters Jul 16, 2026
Chinese filing implies DeepSeek valuation of around $52 billion
By Eduardo Baptista BEIJING, July 16 (Reuters) - Chinese luggage maker Anhui Korrun said on Thursday a fund it invested in deployed 2.9 billion yuan for an indirect 0.8265% stake in DeepSeek, implying...
Thomson Reuters Jul 16, 2026
Nvidia-backed startup Fireworks valued at $17.5 billion in latest funding
July 16 (Reuters) - Nvidia-backed AI infrastructure startup Fireworks said on Thursday it raised $1.51 billion at a $17.5 billion valuation to expand its engineering team and global compute capacity. ...
Thomson Reuters Jul 16, 2026
Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex
NEW YORK, July 16 (Reuters) - Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock slippe...
Thomson Reuters Jul 16, 2026
Truth Social to sell trading firms 'fastest' access to Trump's posts
By Deborah Mary Sophia and Saqib Iqbal Ahmed July 16 (Reuters) - Trump Media & Technology Group has unveiled a paid-for, licensed data feed that will give banks and trading firms "the fastest" access ...
Thomson Reuters Jul 16, 2026
Organised crime groups move billions through crypto, global financial crime watchdog warns
By Elizabeth Howcroft PARIS, July 16 (Reuters) - Criminals are taking advantage of gaps in regulation to move billions in illicit proceeds through the crypto industry, the Financial Action Task Force ...
Thomson Reuters Jul 16, 2026
Micron signs deals with Qualcomm, others for AI-powered automobile chip components
July 16 (Reuters) - Micron Technology on Thursday signed long-term agreements with automotive suppliers, including chip designer Qualcomm and audio products maker Harman, to secure memory and storage ...
Thomson Reuters Jul 16, 2026
IDF, Oaktree to invest $1.7 billion in Bloom Energy fuel cells for AI infrastructure
July 16 (Reuters) - Industrial Development Funding (IDF) and U.S.-based asset manager Oaktree said on Thursday they will invest $1.7 billion in deploying Bloom Energy's fuel-cell technology to help po...
Thomson Reuters Jul 16, 2026
Google required to open up to AI, search engine rivals under EU-mandated changes
By Foo Yun Chee BRUSSELS, July 16 (Reuters) - Alphabet's Google will have to help OpenAI and other AI rivals as well as online search engine competitors access its services to comply with EU rules cur...
Thomson Reuters Jul 16, 2026
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