Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
OpenAI aiming for speedy IPO, source says, as market awaits SpaceX filing
By Echo Wang and Utkarsh Shetti May 20 (Reuters) - OpenAI is preparing to confidentially file for a U.S. initial public offering in the coming weeks, a source familiar with the matter said on Wednesda...
May 20, 2026
Mercury hits $5.2 billion valuation as fintech firm banks on AI startups
May 20 (Reuters) - Mercury said on Wednesday it had raised $200 million at a $5.2 billion valuation in its latest funding round, led by investment firm TCV, as it seeks to attract AI-native founders a...
May 20, 2026
Ubisoft flags more losses after record hit
By Leo Marchandon and Zakarya Meliani May 20 (Reuters) - French videogame publisher Ubisoft warned on Wednesday of another year of losses and lower sales after a record annual operating loss, deepenin...
May 20, 2026
Amazon.com defeats appeal claiming it aided tariff evasion
By Jonathan Stempel NEW YORK, May 20 (Reuters) - A U.S. appeals court on Wednesday rejected a whistleblower's claim that Amazon.com helped foreign fur manufacturers evade tariffs on products sold on i...
May 20, 2026
Google rejects UK union recognition but offers talks via conciliation body
By Muvija M LONDON, May 20 (Reuters) - Google said it had rejected a request from two British unions for voluntary recognition but would negotiate with them via a state-backed conciliation service, de...
May 20, 2026
GameStop increases stake in eBay to more than 6%
By Svea Herbst-Bayliss and Harshita Mary Varghese May 20 (Reuters) - GameStop increased its stake in eBay to about 6.6% from around 5%, according to a regulatory filing, the latest step in the videoga...
May 20, 2026
French consortium to bid for EU's AI datacentre fund
(Fixes incorrectly spelled name from Guillochet to Gaillochet in paragraph 4) By Forrest Crellin and Leo Marchandon PARIS, May 20 (Reuters) - The AION consortium, which groups some of France's biggest...
May 20, 2026
Samsung Elec's South Korean labour union to vote on tentative pay plan -union
SEOUL, May 20 (Reuters) - Samsung Electronics and its South Korean labour union reached a preliminary pay deal on Wednesday, potentially averting a planned lengthy strike that threatened to disrupt th...
May 20, 2026
Exclusive-Intuit to cut 17% of global jobs to streamline operations, memo shows
By Rashika Singh and Jaspreet Singh May 20 (Reuters) - Intuit is laying off about 17% of its workforce, or about 3,000 employees worldwide, to streamline operations and sharpen focus on its key bets i...
May 20, 2026
Exclusive-ASML CEO sees tight supply in booming chip market as AI demand soars
By Toby Sterling ANTWERP, Belgium, May 20 (Reuters) - The booming global semiconductor market will be "tense" with tight supply for the foreseeable future, the head of chip-making machine giant ASML t...
May 20, 2026
