Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Dell beats second-quarter revenue estimates on strong AI server demand
(Reuters) -Dell Technologies beat Wall Street estimates for second-quarter revenue on Thursday, driven by strong demand for its AI-powered servers amid a recovering personal computer market. Shares of...
Thomson Reuters Aug 29, 2024
Autodesk raises annual revenue and profit forecasts on strong design software demand
(Reuters) - Autodesk raised its forecast for fiscal 2025 revenue and profit on Thursday, citing robust spending on its design software amid signs of an easing economy, sending shares up more than 5% i...
Thomson Reuters Aug 29, 2024
Chipmaker Marvell Tech beats quarterly revenue estimates amid AI surge
By Juby Babu (Reuters) - Chipmaker Marvell Technology surpassed expectations for quarterly revenue and forecast third-quarter results above Wall Street estimates on Thursday, on the back of strong dem...
Thomson Reuters Aug 29, 2024
Affirm soars as BNPL lender aims to turn profit ahead of Street targets
By Manya Saini (Reuters) - Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results and said it expects to be profitable by the fourth quarter of ...
Thomson Reuters Aug 29, 2024
Apple in talks to join OpenAI funding round, WSJ reports
(Reuters) -Apple is in talks to invest in OpenAI as part of a new fundraising round that would value the ChatGPT maker above $100 billion, Wall Street Journal reported on Thursday, citing people famil...
Thomson Reuters Aug 29, 2024
Explainer-What is Elon Musk's feud with a Brazilian Supreme Court justice about?
BRASILIA (Reuters) - A Brazilian Supreme Court justice has ordered billionaire Elon Musk to name a legal representative for his messaging platform X in Brazil within 24 hours or face suspension of the...
Thomson Reuters Aug 29, 2024
Analysis-UK reshapes its AI strategy under pressure to cut costs
By Martin Coulter LONDON (Reuters) - Britain's Labour government is drawing up a new, cost-cutting artificial intelligence strategy ahead of a crunch autumn budget - prioritising public sector adoptio...
Thomson Reuters Aug 29, 2024
OpenAI, Anthropic sign deals with US govt for AI research and testing
(Reuters) - AI startups OpenAI and Anthropic have signed deals with the United States government for research, testing and evaluation of their artificial intelligence models, the U.S. Artificial Intel...
Thomson Reuters Aug 29, 2024
Amazon workers to join Teamsters' labor strikes in US
(Reuters) -Amazon.com workers are organizing to join Teamsters' strikes in several U.S. states over unfair labor practices, the labor union said on Thursday. This comes after 100 Amazon drivers starte...
Thomson Reuters Aug 29, 2024
Meta says its Llama AI models being used by banks, tech companies
By Katie Paul NEW YORK - Meta's Llama artificial intelligence models are being used by companies including Goldman Sachs and AT&T for business functions like customer service, document review and comp...
Thomson Reuters Aug 29, 2024

