Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Britain's Space Forge raises $30 million with backing from NATO Innovation Fund
By Sudip Kar-Gupta BRUSSELS (Reuters) -British space technology company Space Forge announced on Wednesday a 22.6 million pound ($29.8 million) fundraising led by the NATO Innovation Fund, highlightin...
May 14, 2025
Crypto platform FalconX partners with Standard Chartered
By Summer Zhen HONG KONG (Reuters) -Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they had formed a strategic partnership to serve institutional crypto investors. Th...
May 13, 2025
Sony sees profits flat this year
TOKYO (Reuters) -Sony said on Wednesday it expects operating profit to rise 0.3% to 1.28 trillion yen ($8.70 billion) in the financial year ending in March. The Japanese conglomerate has transformed f...
May 13, 2025
Baidu prepares to launch driverless taxi in Europe, WSJ reports
(Reuters) -Chinese technology giant Baidu is preparing to test its driverless ride-hailing service, Apollo Go, in Europe for the first time, the Wall Street Journal reported on Tuesday. Baidu has been...
May 13, 2025
Israel's eToro seeks to raise up to $620 million in upsized US IPO
(Reuters) -eToro Group is planning to raise around $620 million in an upsized U.S. initial public offering (IPO) priced above market range, the company said on Tuesday. The stock and cryptocurrency tr...
May 13, 2025
Samsung Electronics to buy FläktGroup for 1.5 billion euro
SEOUL (Reuters) -Samsung Electronics said on Wednesday that it has agreed to acquire all shares of FlktGroup, a German maker of air conditioning and heating systems, for 1.5 billion euro ($1.68 billio...
May 13, 2025
Foxconn expected to post strong Q1 profit growth on AI server demand
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Wednesday that first-quarter profit leapt 72% on continued strong demand for artificial int...
May 13, 2025
Nvidia CEO's net worth nears $120 billion as shares surge on Saudi chip deal
(Reuters) - Nvidia CEO Jensen Huang's personal net worth jumped to around $120 billion on Tuesday, up from $80 billion last year, as a boom in demand for the company's artificial intelligence chips ha...
May 13, 2025
Exclusive-SiCarrier - Huawei partner in chips - seeks $2.8 billion in funds, sources say
By Che Pan, Julie Zhu, Fanny Potkin and Eduardo Baptista BEIJING/HONG KONG (Reuters) -SiCarrier, a Chinese chip equipment maker with close links to Huawei, is seeking $2.8 billion in its maiden fundra...
May 13, 2025
Explainer-How China's chip equipment manufacturing sector stacks up
By Che Pan and Brenda Goh BEIJING (Reuters) -SiCarrier, a Chinese chip equipment maker with close links to Huawei, has created a stir with the breadth of its planned product range. Its efforts to beco...
May 13, 2025
