Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Italy's Moltiply sues Google in 3 billion euro lawsuit over market dominance
MILAN (Reuters) -Italy's Moltiply Group said on Friday it was suing Alphabet's Google and seeking damages of 2.97 billion euros ($3.34 billion) for abuse of its dominant market position as previously ...
May 09, 2025
Exclusive-Star Health hacker says they sent death threats, bullets to India executives
By Munsif Vengattil, Praveen Paramasivam and Aditya Kalra NEW DELHI (Reuters) -The hacker who leaked sensitive personal data held by Indian health insurer Star Health last year has taken responsibilit...
May 09, 2025
Bain Capital to sell China data centre business likely valued at over $4 billion, sources say
By Kane Wu HONG KONG (Reuters) -U.S. investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value the business at over $4 bil...
May 08, 2025
SMIC to closely monitor impact of tariffs on demand, says co-CEO
By Che Pan and Brenda Goh BEIJING (Reuters) -China's semiconductor foundry, Semiconductor Manufacturing International Corporation (SMIC), will closely monitor the impact of tariffs on demand, co-CEO Z...
May 08, 2025
Hellman & Friedman launches sale process for US software maker Enverus, sources say
By Milana Vinn Private equity firm Hellman & Friedman has launched a sale process for Texas-based energy software maker Enverus in a deal that could value the company at around $6 billion, according t...
May 08, 2025
Microchip forecasts first-quarter profit, revenue above estimates
(Reuters) -Chipmaker Microchip Technology forecast first-quarter revenue and profit above estimates following an upbeat fourth-quarter revenue on Thursday, signaling a recovery in demand for its chips...
May 08, 2025
Stablecoin bill fails to clear key hurdle in U.S. Senate
By Hannah Lang (Reuters) -Legislation that would create a regulatory framework for U.S. dollar-pegged cryptocurrency tokens known as stablecoins faced a setback on Thursday as the bill failed to clear...
May 08, 2025
Pinterest's strong revenue forecast signals growing ad spend, shares surge
(Reuters) -Pinterest forecast current-quarter revenue above Wall Street estimates on Thursday, a sign of growing advertising spend on the social media platform despite uncertainty over marketing budge...
May 08, 2025
Coinbase quarterly profit falls as expenses bites, shares down
(Reuters) - Crypto exchange Coinbase reported a drop in first-quarter profit on Thursday as a steep rise in costs more than offset revenue growth in its transaction and subscription units, sending its...
May 08, 2025
Celsius founder Alex Mashinsky gets 12 years prison for crypto fraud
By Jonathan Stempel NEW YORK (Reuters) - Alex Mashinsky, the founder and former chief executive of bankruptcy cryptocurrency lender Celsius Network, was sentenced on Thursday to 12 years in prison aft...
May 08, 2025
