Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Exclusive-OpenAI courts private equity to join enterprise AI venture, sources say
By Milana Vinn and Echo Wang NEW YORK, March 16 (Reuters) - OpenAI is in advanced talks with private equity firms including TPG, Advent International, Bain Capital and Brookfield Asset Management to f...
Mar 16, 2026
Meta shares jump after Reuters report on plans for layoffs of 20% or more
By Aditya Soni March 16 (Reuters) - Meta Platforms shares rose nearly 3% on Monday after a Reuters report that the social media giant plans to lay off 20% or more of its workforce to offset heavy spen...
Mar 16, 2026
Crypto company Abra to go public in blank-check merger
March 16 (Reuters) - Crypto wealth management platform Abra plans to go public through a merger with blank-check firm New Providence Acquisition Corp III, amid renewed investor interest in digital ass...
Mar 16, 2026
Alibaba CEO takes helm of new AI-focused business group
SHANGHAI, March 16 (Reuters) - Alibaba Group CEO Eddie Wu will head its newly formed Alibaba Token Hub business group, which will focus on building artificial intelligence work platforms for enterpris...
Mar 16, 2026
Nvidia bets on AI inference as chip revenue opportunity hits $1 trillion
By Stephen Nellis and Max A. Cherney SAN JOSE, California, March 16 (Reuters) - Nvidia said the revenue opportunity for its artificial intelligence chips may reach at least $1 trillion through 2027, a...
Mar 16, 2026
European publishers, tech firms urge EU to speed up fine on Google over search
By Foo Yun Chee BRUSSELS, March 16 (Reuters) - European publishers, tech firms and startups have urged EU antitrust regulators to wrap up a nearly two-year probe into Google's alleged favouring of its...
Mar 16, 2026
Nebius signs AI infrastructure deals with Meta worth up to $27 billion over 5 years
By Aditya Soni and Toby Sterling March 16 (Reuters) - Amsterdam-based AI infrastructure firm Nebius Group said on Monday it has agreed with Meta Platforms to provide the social media giant with $12 bi...
Mar 16, 2026
Russia fines Telegram app $432,366 for failing to remove banned content, Ifax reports
MOSCOW, March 16 (Reuters) - Russia has fined the Telegram messaging app 35 million roubles ($432,366) for failing to remove banned content, Russia's Interfax news agency reported on Monday. Authoriti...
Mar 16, 2026
British teens resist Australian-style social media ban
By Paul Sandle and Marissa Davison LONDON, March 16 (Reuters) - British teenagers, like their peers abroad, have a conflicted relationship with social media. They know it can feed them a diet of "brai...
Mar 16, 2026
Foxconn's profit lags estimates as it forecasts strong revenue growth
By Wen-Yee Lee, Faith Hung and Ben Blanchard TAIPEI, March 16 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, said on Monday it expected strong revenue growth in the firs...
Mar 16, 2026
