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

(Reuters) -China's Alibaba is looking to raise about $3.2 billion in a zero-coupon convertible note offering to strengthen its cloud infrastructure and expand its international business, the company s...

(Reuters) - AI startup Perplexity has secured commitments from investors for $200 million in new funding at a $20 billion valuation, the Information reported on Wednesday, citing a person with knowled...

(Reuters) -Eunice Kim, who has been Netflix's chief product officer since 2023, will be leaving the company, the streaming pioneer said on Wednesday. Kim joined Netflix in 2021 to lead its consumer pr...

(Reuters) -OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle, among biggest in history, the Wall Street Journal reported on Wednesday. (Repor...

By Kate Skelly TORONTO (Reuters) - The new biopic "Swiped," starring British actor Lily James as dating app Bumble founder Whitney Wolfe Herd, takes the audience back to Silicon Valley in the early 20...

(Reuters) -AI software developer platform Replit on Wednesday said it has raised $250 million in a funding round that values the San Francisco-based company at $3 billion, as investors continue to bac...

By Supantha Mukherjee and Echo Wang STOCKHOLM/NEW YORK (Reuters) -After becoming one of the early adopters in Europe of artificial intelligence, Klarna CEO Sebastian Siemiatkowski says the lender may ...

By Milana Vinn -Moelis has hired veteran technology banker Timothy Roepke from Jefferies as the boutique investment bank continues to expand its technology M&A franchise, according to people familiar ...

(Reuters) -Shares of Synopsys fell nearly 35% on Wednesday, erasing the chip design software provider's 2025 gains, as Sino-U.S. trade tensions hurt its quarterly revenue and left investors mulling th...

(Reuters) -Amazon.com is developing augmented reality (AR) glasses for consumers, the Information reported on Wednesday, citing two people with knowledge of the plans, a move that would put the compan...