Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Analysis-India tech giant TCS layoffs herald AI shakeup of $283 billion outsourcing sector
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) -Indian outsourcing giant Tata Consultancy Services' decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend tha...
Aug 08, 2025
Standard Chartered forms joint venture to issue stablecoins in Hong Kong
(Reuters) -Standard Chartered said on Friday that it has formed a joint venture with strategic partners to apply for a license to issue stablecoins in Hong Kong, days after the city's stablecoin legis...
Aug 08, 2025
Intel CEO says he is working with US administration after Trump demands resignation
(Reuters) -Intel Chief Executive Lip-Bu Tan on Thursday said the chipmaker is engaging with the U.S. administration to clarify concerns and ensure accurate information is provided after President Dona...
Aug 08, 2025
Binance teams up with BBVA to let customers keep assets off exchange, FT reports
(Reuters) -Binance is working with Spanish bank BBVA to allow customers to hold their assets off the crypto exchange, Financial Times reported on Friday. The Spanish bank is working as one of only a s...
Aug 08, 2025
SoftBank shares surge to record after optimism for AI prospects boosted Q1 earnings
By Anton Bridge and Junko Fujita TOKYO (Reuters) -Shares in SoftBank Group jumped more than 13% to a record high on Friday morning in a show of investor support for the Japanese technology investor's ...
Aug 07, 2025
China's SMIC says Trump tariffs did not cause expected 'hard landing'
By Che Pan and Joe Cash BEIJING (Reuters) -China's top foundry SMIC said on Friday U.S. tariff policy had not led to a "hard landing" the company had initially feared and strong domestic demand would ...
Aug 07, 2025
Meta selects Pimco, Blue Owl for $29 billion data center financing, Bloomberg News reports
(Reuters) -Meta has selected investment management firm Pimco and alternative asset manager Blue Owl Capital for a $29 billion financing deal related to its data center projects in rural Louisiana, Bl...
Aug 07, 2025
Australia's privacy regulator sues Optus over 2022 cyber attack
(Reuters) -Australia's privacy regulator has initiated legal proceedings against Optus, the Singapore Telecommunications-owned telecom operator, over a cyber attack it faced in September 2022, the com...
Aug 07, 2025
Australia's Iress confirms talks for potential bid from Blackstone, Thoma Bravo
(Reuters) -Australia's Iress confirmed on Friday that it was in early stages of discussion with Blackstone and Thoma Bravo for a potential offer for the financial software firm. Blackstone had previou...
Aug 07, 2025
Motorola Solutions raises annual revenue forecast on steady demand
(Reuters) -Safety and enterprise security services provider Motorola Solutions raised annual revenue forecast on Thursday, driven by robust demand for its safety and security solutions. Government age...
Aug 07, 2025
