Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
AI-driven vehicle inspection startup UVeye raises $191 million in equity, debt
By Nick Carey (Reuters) - UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to sc...
Jan 29, 2025
ADP beats second quarter revenue estimates on strong demand for payroll services
(Reuters) - Automatic Data Processing beat second-quarter revenue estimates on Wednesday due to increased demand for its employee management and payroll services, driven by strong spending from small ...
Jan 29, 2025
Intel's CEO search in focus as chipmaker set to post lower revenue
By Arsheeya Bajwa (Reuters) - Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak P...
Jan 29, 2025
Apple's sales likely hurt by AI delays, Chinese competition
By Akash Sriram (Reuters) - Apple is expected to report tepid quarterly revenue growth on Thursday as its slow roll-out of artificial intelligence features and tough Chinese competition weighed on iPh...
Jan 29, 2025
Analysis-AI stock shock could spark broader gains in US market
By Lewis Krauskopf NEW YORK (Reuters) - A development in the field of artificial intelligence that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of...
Jan 29, 2025
UK's Morrisons says cyber attack at technology provider dented Christmas sales
LONDON (Reuters) - British supermarket group Morrisons said on Wednesday that a November cyber attack at technology provider Blue Younder hit its product availability, impacting Christmas sales. "Our ...
Jan 29, 2025
Computer parts maker Logitech rises 9% after Q3 beat, outlook upgrade
(Reuters) - Shares in Logitech jumped as much as 9.4% at 0835 GMT on Wednesday, a day after the Swiss-American computer keyboard and mouse-maker raised its full-year outlook and posted a third-quarter...
Jan 29, 2025
TikTok to invest $3.8 billion in Thailand data hosting project, investment board says
BANGKOK (Reuters) - ByteDance's TikTok will invest 126.8 billion baht ($3.76 billion) in a data hosting service in Thailand, the country's investment board said on Wednesday. The investment was among ...
Jan 29, 2025
Volvo Cars buys Northvolt's stake in EV battery venture NOVO
STOCKHOLM (Reuters) - Volvo Cars has signed an agreement to buy struggling Swedish battery maker Northvolt's stake in their joint battery venture NOVO Energy, the Sweden-based automaker said on Wednes...
Jan 29, 2025
Italian startup Exein to supply cybersecurity for chips to MediaTek
(Reuters) - Italian tech startup Exein has agreed with Taiwan's MediaTek to provide cybersecurity systems to be embedded on the chipmaker's Genio platform, Exein said on Wednesday. The deal will provi...
Jan 29, 2025
