Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

(Reuters) - Monolithic Power Systems forecast third-quarter revenue above estimates on Thursday, benefiting from robust demand for its power control modules and hardware employed in artificial intelli...

(Reuters) - U.S. chip stocks plummeted on Thursday, on track for their worst day since 2020, after a conservative forecast from Arm Holdings dampened investor optimism about artificial intelligence an...

(Reuters) -Amazon.com forecast current-quarter revenue largely below Wall Street estimates on Thursday, signaling tepid demand for its cloud computing services as businesses keep a tight lid on costs ...

-Intel said on Thursday it would cut 15% of its workforce and will suspend its dividend in the fourth quarter as the chipmaker pursues a turnaround centered around its loss-making manufacturing busine...

By Granth Vanaik (Reuters) - DoorDash forecast third-quarter core profit above expectations and surpassed revenue estimates for the June quarter on Thursday, as more customers used its online delivery...

(Reuters) - Snap forecast current-quarter sales and adjusted core earnings below market expectations on Thursday as the Snapchat owner grapples with stiff competition from larger rivals for advertisin...

By Jody Godoy (Reuters) -Apple on Thursday asked a U.S. judge to dismiss federal and state antitrust regulators' lawsuit accusing the iPhone maker of illegally monopolizing the smartphone market, sayi...

(Reuters) -Arm Holdings shares slumped 16% in afternoon trading on Thursday, after the British chip firm's tepid revenue forecast sparked concerns it may have to wait longer than some peers to gain fr...

By Kenrick Cai SAN FRANCISCO (Reuters) - Contextual AI, a startup that sells a tool to improve the performance of artificial intelligence models, raised $80 million through a Series A funding, the com...

WASHINGTON (Reuters) - Former CNN anchor Don Lemon sued Elon Musk on Thursday over a canceled deal with social media platform X, the New York Times reported. It said the lawsuit was filed in Californi...