Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
India IT minister praises DeepSeek's low-cost AI, compares it with own investment approach
By Munsif Vengattil and Nandan Mandayam (Reuters) - India's IT minister has praised Chinese startup DeepSeek for shaking up the sector with its low-cost AI assistant, likening its frugal approach to h...
Thomson Reuters Jan 30, 2025
UK software firm Sage backs annual forecasts on steady demand
(Reuters) -Britain's Sage Group on Thursday maintained its full-year forecasts after the software firm posted a 10% growth in underlying revenue for the first quarter, buoyed by higher demand, especia...
Thomson Reuters Jan 30, 2025
Microsoft shares slide on cloud outlook; Meta up after Q4 beat
LONDON/MILAN (Reuters) - Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent Meta shares rose after beating expectations, as i...
Thomson Reuters Jan 30, 2025
Tesla shares rise in Frankfurt despite earnings miss
MILAN (Reuters) - Tesla shares opened up 3.6% in Frankfurt trading on Thursday, even as quarterly results at the U.S. electric vehicle maker fell short of Wall Street expectations. Tesla said it was o...
Thomson Reuters Jan 30, 2025
Chipmaker STMicroelectronics sees an even softer Q1 2025
(Reuters) - STMicroelectronics, one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025, as the downturn seen in its key markets drags on in...
Thomson Reuters Jan 30, 2025
EQT-backed Zayo in lead to buy Crown Castle assets in deal above $8 billion, source says
By Milana Vinn and Disha Mishra (Reuters) - Fiber network owner Zayo Group is in the lead to buy the Crown Castle's assets in a deal that could be valued at over $8 billion, a source familiar with the...
Thomson Reuters Jan 29, 2025
Lawmakers in El Salvador rush new bitcoin reform after IMF deal
SAN SALVADOR (Reuters) - El Salvador's Congress on Wednesday swiftly approved a bill sent just minutes earlier by President Nayib Bukele to amend its bitcoin law to comply with a deal with a key inter...
Thomson Reuters Jan 29, 2025
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
By Aditya Soni and Deborah Mary Sophia (Reuters) - Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Mi...
Thomson Reuters Jan 29, 2025
SoftBank in talks to invest up to $25 billion into OpenAI, FT reports
(Reuters) - Japan's SoftBank is in talks to invest as much as $25 billion into ChatGPT maker OpenAI, the Financial Times reported on Wednesday. (Reporting by Gursimran Kaur in Bengaluru; Editing by Al...
Thomson Reuters Jan 29, 2025
Sensitive DeepSeek data exposed to web, Israeli cyber firm says
By Raphael Satter WASHINGTON (Reuters) - Israeli cybersecurity firm Wiz says it has found a trove of sensitive data from the Chinese artificial intelligence startup DeepSeek inadvertently exposed to t...
Thomson Reuters Jan 29, 2025

