Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Media start-up Semafor raises $19 million to buy out Sam Bankman-Fried’s investment
(Reuters) - Semafor said on Wednesday it has raised $19 million from investors including Yahoo co-founder Jerry Yang and KKR & Co co-founder Henry Kravis to replace Sam Bankman-Fried's investment in t...
May 24, 2023
Microsoft to lodge appeal against UK regulator’s block of Activision deal – Sky News
(Reuters) - Microsoft Corp will lodge an appeal by the end of Wednesday against British regulators' decision to block its $75 billion takeover of Activision Blizzard, Sky News reported. Microsoft did ...
May 24, 2023
Biden administration backs Google in song lyrics case at Supreme Court
By Blake Brittain (Reuters) - The Biden administration's U.S. solicitor general said Tuesday that the U.S. Supreme Court should not review a ruling won by Alphabet's Google LLC against song-lyric webs...
May 24, 2023
Montenegro court scraps bail for crypto entrepreneur Do Kwon
SARAJEVO (Reuters) - A higher court in Montenegro on Wednesday scrapped bail of 800,000 euros ($880,640) previously granted to Do Kwon, a cryptocurrency entrepreneur charged in the U.S. with a multibi...
May 24, 2023
Accenture secures up to $2.6 billion contract to modernize IRS systems
(Reuters) - An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency's systems. Accenture Fed...
May 24, 2023
EU, Google to develop voluntary AI pact ahead of new AI rules, EU’s Breton says
BRUSSELS (Reuters) - Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact involving European and non-European companies ahead of rules to govern the technology, EU ...
May 24, 2023
Meta expects to lay off almost 20% of Irish workforce
DUBLIN (Reuters) - Meta Platforms Inc expects to cut around 490 jobs at its international headquarters in Dublin, or almost 20% of its Irish workforce, part of 10,000 global layoffs announced in March...
May 24, 2023
Suspected fentanyl chemical suppliers have received $38 million in crypto -Chainalysis
By Elizabeth Howcroft LONDON (Reuters) - Suspected sellers of chemicals used to manufacture the deadly drug fentanyl have received tens of millions of dollars worth of cryptocurrency since 2018, accor...
May 24, 2023
Chipmaker Analog Devices forecasts weak third-quarter results, shares fall
(Reuters) - Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's shares down more than 5% in premarket trading. The company f...
May 24, 2023
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a pla...
May 24, 2023
