Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
AMD flags $800 million hit from new US curbs on chip exports to China
(Reuters) - Advanced Micro Devices expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China, the company said on Wednesday. ...
Apr 16, 2025
China video app Douyin launches program to help foreign trade firms pivot to domestic market
BEIJING (Reuters) - Popular short video platform Douyin, TikTok's sister app in China, launched on Wednesday a program to help Chinese exporters sell their goods domestically, amid an escalating U.S.-...
Apr 16, 2025
Crypto firm DWF Labs buys $25 million of Trump's World Liberty Financial tokens
By Elizabeth Howcroft and Tom Wilson (Reuters) - DWF Labs, an Abu Dhabi-based crypto investor and trading firm, said on Wednesday it had bought $25 million worth of digital tokens issued by the World ...
Apr 16, 2025
Spotify down for thousands of users globally, Downdetector shows
(Reuters) - Music streaming platform Spotify's services were down for thousands of users worldwide on Wednesday, according to Downdetector.com. There were more than 47,000 incidents of people reportin...
Apr 16, 2025
US agency extends support at last minute for cyber vulnerability database
By Raphael Satter WASHINGTON (Reuters) - U.S. officials have said at the last minute that they're extending support for a critical database of cyber weaknesses whose funding was due to run out on Wedn...
Apr 16, 2025
Global chip stocks slide as Nvidia warns of big hit from U.S. export curbs
(Reuters) - Global chip stocks slumped on Wednesday after Washington curbed exports of an AI chip Nvidia had tailored for China, further cutting off the crucial growth market for semiconductors in a m...
Apr 16, 2025
ASML's CFO says Chinese demand is stronger than anticipated so far in 2025
By Nathan Vifflin (Reuters) - Chinese demand for ASML's chip-making tools has remained stronger than expected in 2025, Chief Financial Officer Roger Dassen told journalists on Wednesday. ASML had warn...
Apr 16, 2025
Swedish car gear maker Autoliv's Q1 profit rises more than expected, shares rise
STOCKHOLM (Reuters) - Swedish car equipment maker Autoliv reported a first-quarter adjusted operating profit above expectations on Wednesday and reiterated its 2025 sales and profitability guidance de...
Apr 16, 2025
India's Wipro misses Q4 revenue estimates
BENGALURU (Reuters) - Wipro, India's fourth-largest software services provider, posted lower-than-expected revenue for the fourth quarter, hurt by macro uncertainties weighing on client spending. The ...
Apr 16, 2025
Google faces 5 billion pound UK lawsuit for abusing dominance in online search
(Reuters) - Alphabet's Google is being sued in the UK for potential damages worth more than 5 billion pounds ($6.64 billion) alleging the company abused its dominant market position in the online sear...
Apr 16, 2025
