Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
OpenAI CFO says new structure opens door to potential future IPO
DUBLIN (Reuters) -OpenAI's restructuring plans open the door to a potential future IPO, but any such decision would depend on the mood in public markets as well as the readiness of the company, Chief ...
Thomson Reuters May 28, 2025
Databricks competitor Chalk raises $50 million series A
By Anna Tong SAN FRANCISCO (Reuters) -Artificial intelligence infrastructure startup Chalk said Wednesday it had raised a $50 million Series A funding round, valuing the company at $500 million. Felic...
Thomson Reuters May 28, 2025
Instacart appoints insider Chris Rogers as CEO
(Reuters) -Delivery platform Instacart on Wednesday said it has appointed company insider Chris Rogers as chief executive officer, effective August 15, as the current head Fidji Simo is set to exit to...
Thomson Reuters May 28, 2025
Spanish satellite operator Sateliot in talks to offer 5G to European armies
MADRID (Reuters) -Spanish satellite startup Sateliot is in talks with several European defence ministries to offer 5G connection for their militaries, its co-founders said on Wednesday. The company, w...
Thomson Reuters May 28, 2025
EU plans tech scale-up fund to narrow gap with US, China
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission plans to create a public-private fund of at least 10 billion euros ($11.3 billion) to help tech companies scale up as the European Unio...
Thomson Reuters May 28, 2025
Global Payments to sell payroll unit to fintech Acrisure for $1.1 billion
(Reuters) -Global Payments said on Wednesday it would sell its payroll division, Heartland Payroll Solutions, to financial technology firm Acrisure for $1.1 billion, marking the payments company's lat...
Thomson Reuters May 28, 2025
China may relax rare earth export curbs for some chip companies
BEIJING (Reuters) - China may relax curbs on exports of rare earths for Chinese and European semiconductor firms and other companies in their supply chain, state media said on Wednesday. In April, Chi...
Thomson Reuters May 28, 2025
GameStop buys bitcoin worth $513 million in crypto push
(Reuters) -GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game retailer looks to capitalize on the growing adoption of cryptocurrencies glob...
Thomson Reuters May 28, 2025
Telegram, Musk's xAI partner to distribute Grok to messaging app's users
(Reuters) -Telegram CEO Pavel Durov said on Wednesday its messaging app and Elon Musk's artificial intelligence company xAI have agreed to a partnership to distribute Grok to its more than billion use...
Thomson Reuters May 28, 2025
Samsung India executives seek to quash $81 million penalty over tax evasion
By Arpan Chaturvedi NEW DELHI (Reuters) -Seven Samsung India executives have asked a court to revoke penalties of $81 million included in New Delhi's $601-million tax demand from the company for alleg...
Thomson Reuters May 28, 2025
Tue Jul 14
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