Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Exclusive-Crisis-hit EV battery champion Northvolt struggles to hit production targets
By Marie Mannes Embattled green tech player Northvolt has missed some in-house targets and has curtailed production at its battery cells plant in northern Sweden, according to internal company documen...
Nov 18, 2024
Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge
By Liam Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) -Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue as consumers clamoured for its first electric vehicle, the SU7 ...
Nov 18, 2024
South Africa's MTN exploring partnerships with satellite-internet providers
By Nqobile Dludla JOHANNESBURG (Reuters) - Africa's biggest mobile operator MTN is exploring partnerships with low-Earth-orbit (LEO) satellite providers to bring internet connection to rural and remot...
Nov 18, 2024
Nvidia's Blackwell revenue in focus as sales growth slows
By Arsheeya Bajwa (Reuters) - Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace of growth, how the company overcomes delays and...
Nov 18, 2024
Alibaba aims to raise $5 billion in dual currency bond deal, sources say
By Scott Murdoch SYDNEY (Reuters) - Chinese ecommerce giant Alibaba Group is aiming to raise $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, according to two sources with direct kn...
Nov 17, 2024
New Nvidia AI chips face issue with overheating servers, The Information reports
(Reuters) - Nvidia's new Blackwell AI chips, which have already faced delays, have encountered problems with accompanying servers that overheat, causing some customers to worry they will not have enou...
Nov 17, 2024
TikTok parent ByteDance’s valuation hits $300 billion amid US ban uncertainty, WSJ reports
(Reuters) - TikTok's Chinese parent company ByteDance is valuing itself at about $300 billion after a recent buyback offer, the Wall Street Journal reported on Saturday, even as the tech giant's popul...
Nov 16, 2024
Turkey fines Amazon's Twitch 2 million lira for data breach
(Reuters) - Turkey's Personal Data Protection Board (KVKK) has fined Amazon.com's gaming platform Twitch 2 million lira ($58,000) over a data breach, the official Anadolu Agency reported on Saturday. ...
Nov 16, 2024
Netflix down for thousands of users in US, Downdetector says
(Reuters) - Netflix was down for thousands of users in the U.S. late on Friday, according outage tracking website Downdetector.com. There were more than 12,000 incidents of people reporting issues wit...
Nov 15, 2024
T-Mobile hacked in massive Chinese breach of telecom networks, WSJ reports
(Reuters) -T-Mobile's network was among the systems hacked in a damaging Chinese cyber-espionage operation that gained entry into multiple U.S. and international telecommunications companies, The Wall...
Nov 15, 2024
