Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Amazon cloud unit to invest nearly $8 billion in Ohio
(Reuters) - Amazon.com's cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations, it said on Monday. The e-commerce giant, which has invested $6.3 ...
Jun 26, 2023
EU to set out legal underpinnings for a digital euro
By Huw Jones LONDON (Reuters) - The European Union is due on Wednesday to publish draft rules that give legal underpinnings for a digital euro, if the European Central Bank decided to issue one in com...
Jun 26, 2023
US Supreme Court lets Google win stand against Genius suit over song lyrics
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday declined to hear a bid by website Genius to revive its lawsuit accusing Alphabet's Google of misusing its transcripts of song l...
Jun 26, 2023
U.S. Supreme Court spurns Apple-Broadcom challenge to Caltech patents
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday declined to hear a bid by Apple Inc and Broadcom Inc to revive their challenges to Caltech data-transmission patents in a patent infringement ca...
Jun 26, 2023
GM’s EV truck customers must wait for Tesla-compatible charge ports
By Paul Lienert (Reuters) - General Motors does not expect to put Tesla-compatible charging ports on its new Chevrolet Silverado EV pickups before model year 2025, it said on Monday. The U.S. automake...
Jun 26, 2023
Chipmaker Wolfspeed secures $1.25 billion in debt funding from Apollo Global
(Reuters) - Wolfspeed said on Monday that a group led by Apollo Global Management would make a debt investment of $1.25 billion in the chipmaker, with room for an additional $750 million, to support i...
Jun 26, 2023
Analysis-Fever over BlackRock’s bitcoin fund faces chill of rate hikes and regulations
By Elizabeth Howcroft LONDON (Reuters) - BlackRock's plans for a bitcoin fund have helped push the world's largest cryptocurrency to its highest in a year, but rising interest rates and a regulatory c...
Jun 26, 2023
Databricks strikes $1.3 billion deal for generative AI startup MosaicML
(Reuters) - Databricks said on Monday it has agreed to acquire generative artificial intelligence startup MosaicML in a deal valued at roughly $1.3 billion. The deal comes at a time when Artificial In...
Jun 26, 2023
Tesla’s searing rally elicits downgrades, caution on Wall Street
By Aniruddha Ghosh (Reuters) - A blistering rally in Tesla Inc shares has powered the EV maker's market value toward trillion-dollar levels, prompting some analysts to question its valuation and downg...
Jun 26, 2023
IBM to acquire software firm Apptio for $4.6 billion
(Reuters) -IBM said on Monday it will acquire cloud software company Apptio from Vista Equity Partners for $4.6 billion in cash, in the latest deal to bolster its capabilities in cloud and automation....
Jun 26, 2023
