Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

May 26 (Reuters) - Qualcomm reached a deal with TikTok owner ByteDance to supply chips for AI data centers, Bloomberg News reported on Tuesday, citing people familiar with the matter. Shares of the sm...

By Niket Nishant and Shashwat Chauhan May 26 (Reuters) - Micron Technology briefly topped $1 trillion in market value for the first time on Tuesday, crowning a dizzying rally that has cemented the U.S...

May 26 (Reuters) - Shares of Micron Technology climbed about 14.2% in early trading on Tuesday after brokerage UBS sharply raised its target price for the stock citing stronger AI demand and long-term...

May 26 (Reuters) - Dropbox said on Tuesday that CEO and co-founder Andrew Houston would step down after a transition period and promoted insider Ashraf Alkarmi to co-CEO ahead of his succession as the...

By Andrew Chung May 26 (Reuters) - The U.S. Supreme Court declined on Tuesday to hear a bid by Meta Platforms to avoid a lawsuit brought by Vermont's attorney general accusing the company of designing...

By Foo Yun Chee BRUSSELS, May 26 (Reuters) - Elon Musk's Starlink and Amazon's low-earth-orbit satellite business may be able to acquire some European mobile satellite spectrum next year, two people w...

May 26 (Reuters) - Logistics startup Stord said on Tuesday it raised nearly $250 million in a late-stage funding round at a $3 billion valuation, and launched Stord Labs to advance physical intelligen...

May 26 (Reuters) - Investment manager I Squared Capital on Tuesday said that it has bought 10 data center facilities from Cogent Fiber for $225 million in cash, marking its latest bet on AI infrastruc...

By Sam Tabahriti LONDON, May 26 (Reuters) - Britain on Tuesday targeted Russia-linked cryptocurrency platforms, banks and financial networks that it said were used to bypass sanctions, freezing their ...

BEIJING, May 26 (Reuters) - Chinese autonomous driving company Pony.ai has not been affected by a national safety review following a robotaxi outage involving rival Baidu's Apollo Go, and is pushing a...