Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Australia plans new rules forcing Big Tech to continue paying news outlets
SYDNEY (Reuters) - Australia's centre-left government on Thursday will unveil new rules that could impose fines on Big Tech companies if they refuse to continue to pay Australian media firms for news ...
Dec 11, 2024
Microsoft expects $800 million impairment charge in Q2 2025 over General Motors' Cruise exit
(Reuters) - Microsoft expects to record an impairment charge of around $800 million in the second quarter of fiscal year 2025 over General Motors' exit of the Cruise autonomous driving business, the t...
Dec 11, 2024
AI a productivity boost to banks but making money from it is a challenge
By Isla Binnie and Megan Davies NEW YORK (Reuters) - Artificial intelligence is expected to show big gains in productivity at banks, panelists said at the Reuters Next conference in New York, but it h...
Dec 11, 2024
Senators say US must boost security after Chinese Salt Typhoon telecom hacking
WASHINGTON (Reuters) - Senators said Wednesday at a hearing the United States must do more to address hacking threats after on Chinese's alleged efforts known as Salt Typhoon to infiltrate American te...
Dec 11, 2024
Stunning rally in Big Tech drives Nasdaq to 20,000
By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK (Reuters) - The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which exci...
Dec 11, 2024
US bankers cautious on crypto despite expected regulatory easing
NEW YORK (Reuters) - U.S. bankers struck a cautious tone on cryptocurrencies at the Reuters NEXT conference in New York this week, despite expectations that friendlier rules under President-elect Dona...
Dec 11, 2024
Adobe forecasts annual revenue below estimates
(Reuters) -Photoshop maker Adobe forecast annual revenue below Wall Street estimates on Wednesday, indicating the company's investments to weave AI into its software applications were taking longer to...
Dec 11, 2024
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
By Nora Eckert and David Shepardson DETROIT (Reuters) - General Motors needed to exit its Cruise robotaxi business, most Wall Street analysts agreed on Wednesday, but the automaker's decision to do so...
Dec 11, 2024
Google-parent Alphabet hits record high after Trump taps Andrew Ferguson as FTC chair
By Harshita Mary Varghese (Reuters) - Alphabet led a Big Tech rally on Wednesday, with its stock hitting a record high after U.S. President-elect Donald Trump picked Federal Trade Commissioner Andrew ...
Dec 11, 2024
Supply chain software firm Logility explores sale, sources say
By Milana Vinn NEW YORK (Reuters) - Logility Supply Chain Solutions, a maker of artificial intelligence-powered software that helps companies manage their inventories and supply chains, is exploring a...
Dec 11, 2024
