Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
AI cloud startup Lambda raises $480 million in new round; Nvidia among investors
By Krystal Hu (Reuters) - Lambda, a cloud computing firm specializing in providing hardware and services to power artificial intelligence development, has raised $480 million in a Series D equity roun...
Thomson Reuters Feb 19, 2025
Verkada valued at $4.5 billion after General Catalyst-led fundraise
(Reuters) - Security systems maker Verkada said on Wednesday it has raised $200 million in its latest funding round led by venture capital firm General Catalyst, bringing its valuation to $4.5 billion...
Thomson Reuters Feb 19, 2025
Nicknames bloom in China's tech renaissance
By Tom Westbrook and Samuel Shen SINGAPORE/SHANGHAI (Reuters) - Six Little Dragons, Seven Sisters and the Terrific Ten. These are some of the nicknames being bestowed on China's cast of home-grown her...
Thomson Reuters Feb 19, 2025
DeepSeek's outside funding draws interest from Alibaba, Chinese state funds, The Information reports
(Reuters) - Chinese AI startup DeepSeek is considering outside funding for the first time and has drawn interest from Alibaba and state funds, The Information reported on Wednesday, citing sources wit...
Thomson Reuters Feb 19, 2025
Analog Devices beats first-quarter revenue estimates as chip demand recovers
(Reuters) - Analog Devices topped first-quarter Wall Street expectations for revenue and profit on Wednesday, driven by a recovery in chip demand, particularly in the consumer segment, sending its sha...
Thomson Reuters Feb 19, 2025
Bumble shares slide after weak forecast signals slow dating app turnaround
(Reuters) - Bumble's shares fell 16% on Wednesday after the dating app operator forecast first-quarter revenue below market estimates, as it continues to grapple with a slowdown in the growth of payin...
Thomson Reuters Feb 19, 2025
Apple to launch new lower-cost iPhone to capture a broader market
(Reuters) - Apple is set to launch its latest budget iPhone model on Wednesday as it looks to grab a bigger share of the mid-range smartphone market and fend off competition from rivals such Samsung a...
Thomson Reuters Feb 19, 2025
Nigeria seeks $81.5 billion in economic losses, back tax from Binance
ABUJA (Reuters) - Nigeria has filed a lawsuit against cryptocurrency exchange Binance, seeking to compel the company to pay $79.5 billion for economic losses caused by its operations in the country an...
Thomson Reuters Feb 19, 2025
Etsy misses holiday-quarter sales estimates, shares fall
(Reuters) - Etsy missed Wall Street estimates for holiday-quarter revenue and gross merchandise sales, hurt by weak spending on gifts and handcrafted goods, sending shares of the online marketplace do...
Thomson Reuters Feb 19, 2025
Delivery robot firm Serve Robotics expands to Miami in first East Coast launch
(Reuters) - Serve Robotics said on Wednesday it was rolling out its sidewalk delivery robot services in Miami, marking its first expansion to the East Coast as part of its goal to deploy 2,000 robots ...
Thomson Reuters Feb 19, 2025

