Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Schneider Electric to buy data centre cooling firm Motivair for $850 million
(Reuters) -Schneider Electric will pay about $850 million for a controlling stake in Motivair Corp, a specialist in liquid cooling for high-performance computing, the French firm said on Thursday, bee...
Oct 17, 2024
TSMC Q3 profit rises 54%, better than forecasts
TAIPEI (Reuters) - Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconduc...
Oct 17, 2024
Meta lays off employees at WhatsApp and Instagram, the Verge reports
(Reuters) - Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter. A Meta spokesperson told ...
Oct 16, 2024
South Korea vows to prevent technology leaks with heavier penalties
SEOUL (Reuters) - South Korea will prepare stronger measures in a bid to prevent overseas leaks of business secrets amid intensifying competition for advanced technologies, the finance minister said o...
Oct 16, 2024
Robinhood launches desktop platform, adds futures and index options trading to app
By Manya Saini and Niket Nishant (Reuters) - Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech fi...
Oct 16, 2024
Pentagon removes lidar maker Hesai from US list of firms alleged to help Beijing's military
WASHINGTON (Reuters) - The U.S. Defense Department removed China-based lidar maker Hesai Group from a list of companies allegedly working with Beijing's military, according to a letter sent to Congres...
Oct 16, 2024
Wireless tower operator Crown Castle lowers full year net income forecast
(Reuters) - Crown Castle lowered its full-year 2024 net income forecast on Wednesday, due to slower tower leasing activity in wake of wireless carriers tightening budgets. The company said it has canc...
Oct 16, 2024
TSMC set to report strong profit driven by AI boom
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 42% leap in third-quarter profit...
Oct 16, 2024
US Customs halting some drone imports from Chinese manufacturer DJI, company says
WASHINGTON (Reuters) - The U.S. government is stopping imports of some DJI drones from entering the United States, the Chinese drone maker told Reuters on Wednesday. In a letter seen by Reuters, DJI n...
Oct 16, 2024
BlackBerry exploring options for Cylance business
(Reuters) - BlackBerry forecast profit for its next fiscal year above market estimates and said it was exploring options for its Cylance business, sending shares of the Canadian company more than 4% h...
Oct 16, 2024
