Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Toyota, NTT to invest $3.3 billion on development of AI platform
TOKYO (Reuters) - Toyota Motor and Nippon Telegraph and Telephone (NTT) said on Thursday they expect to invest a total of 500 billion yen ($3.27 billion) by 2030 into an infrastructure and software pl...
Oct 31, 2024
Meta, Microsoft lift AI spending, worrying Wall Street ahead of Amazon results
By Anna Tong, Aditya Soni and Deborah Mary Sophia (Reuters) - Big tech including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street...
Oct 30, 2024
Smartphone maker Honor announces investment from China Telecom and CICC Capital Corp
SHENZHEN, China (Reuters) - Former Huawei Technologies unit Honor announced on Thursday it had received an undisclosed investment from partners including China Telecom and a unit of CICC Capital Corp....
Oct 30, 2024
Samsung posts weaker profit recovery as it misses out on AI boom
SEOUL (Reuters) -Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that h...
Oct 30, 2024
TSMC says its does not expect significant impact from typhoon
TAIPEI (Reuters) - Taiwan chipmaker TSMC said on Thursday that it has activated routine typhoon alert preparation procedures at all its factories and construction sites, ahead of the arrival of Super ...
Oct 30, 2024
Australia takes Optus to court for allegedly selling mobiles to vulnerable customers
(Reuters) -Australia's competition watchdog is taking Singapore Telecommunications-owned Optus to court, alleging it engaged in misconduct while selling mobile phones and plans, particularly to vulner...
Oct 30, 2024
Cognizant beats quarterly profit estimates on gradual recovery in IT services demand
(Reuters) - Cognizant Technology Solutions beat Wall Street estimates for third-quarter profit on Wednesday, helped by recovery in demand as more businesses turn to the IT services provider. The resul...
Oct 30, 2024
Equinix forecasts quarterly revenue above estimates on steady demand
(Reuters) - Equinix forecast fourth-quarter revenue above Wall Street estimates on Wednesday, driven by steady demand for its data center services amid the continuing surge in artificial intelligence ...
Oct 30, 2024
KLA forecasts quarterly revenue above estimates as AI boosts demand for chipmaking tools
(Reuters) - Chipmaking equipment supplier KLA Corp forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on growing demand for chips to support artificial intelligence work...
Oct 30, 2024
Paycom beats quarterly revenue estimates on strong payroll services demand
(Reuters) - Paycom Software beat Wall Street's quarterly revenue estimates on Wednesday due to higher demand for its employee management services in a robust job market. Shares of the Oklahoma City-ba...
Oct 30, 2024
Mon Jul 13
Green Bay, WI, USA
95°FFeels Like: 100°F
Wind/Dir: 27 MPH-W
Humidity: 42%
