Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Insight Partners sells $2 billion stake in data firm Veeam at $15 billion valuation
(Reuters) - U.S. private equity firm Insight Partners has sold a $2 billion stake in cloud data company Veeam Software in a secondary sale valuing the Swiss firm at $15 billion, it said on Wednesday. ...
Thomson Reuters Dec 06, 2024
Marvell shares surge on AI chip demand, forecasts strong Q4
(Reuters) - Marvell Technology's shares jumped over 13% in premarket trading on Wednesday after the chipmaker's optimistic forecast boosted investor confidence in AI-related stocks. The company, which...
Thomson Reuters Dec 06, 2024
BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
By Davide Barbuscia NEW YORK (Reuters) - BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S. go...
Thomson Reuters Dec 06, 2024
Ubisoft pulls the plug on XDefiant, to close San Francisco and Osaka studios
(Reuters) - France's largest video game maker Ubisoft has decided to discontinue development on XDefiant, its free-to-play first-person shooter title, it said on Wednesday. As a result, Ubisoft will c...
Thomson Reuters Dec 06, 2024
Salesforce jumps as latest AI tools set to accelerate demand
(Reuters) - Salesforce shares jumped 12.5% in premarket trading on Wednesday, after the customer relationship management software maker topped quarterly sales estimates and provided an upbeat forecast...
Thomson Reuters Dec 06, 2024
EU watchdog probes Nvidia hardware bundling as it scrutinises Run:ai deal
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are asking Nvidia customers if they have been offered discounts to buy the company's graphics processing unit (GPU) software products toget...
Thomson Reuters Dec 06, 2024
Australia urges greater internet user choice amid Google dominance, genAI
(Reuters) - Australia's competition watchdog said there was a need to revisit efforts to ensure greater choice for internet users, citing Google's dominant search engine market share and its competito...
Thomson Reuters Dec 06, 2024
China's SenseTime reshapes to focus on generative AI growth
BEIJING (Reuters) - Loss-making Chinese AI company SenseTime Group said on Tuesday it has completed a major organizational restructuring aimed at ramping up its shift toward generative AI technologies...
Thomson Reuters Dec 06, 2024
Sizzling valuations are no bar for Asia data centre deals as AI growth beckons
By Yantoultra Ngui, Kane Wu and Scott Murdoch SINGAPORE/HONG KONG/SYDNEY (Reuters) - Global investors are queueing up to invest in data centre operators in Asia Pacific either by buying stakes directl...
Thomson Reuters Dec 06, 2024
Marvell forecasts fourth-quarter revenue above estimates on strong AI-backed demand
(Reuters) - Chipmaker Marvell Technology forecast fourth-quarter revenue above estimates on Tuesday, betting on robust demand for its custom artificial intelligence chips from businesses adopting boom...
Thomson Reuters Dec 06, 2024

