Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Renaissance Technologies bought GameStop, AMC shares, filing says
NEW YORK (Reuters) - Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in pos...
May 15, 2024
Airbus unveils half-plane, half-copter in quest for speed
MARIGNANE, France (Reuters) - Airbus Helicopters showcased an experimental half-plane, half-helicopter on Wednesday in a quest for speed as competition heats up to define the rotorcraft of the future....
May 15, 2024
House Republicans propose to boost tariffs on Chinese-made drones
WASHINGTON (Reuters) - A group of House Republicans on Wednesday proposed legislation that would hike U.S. tariffs on Chinese-made drones by 30% and bar Chinese drone imports with some components by 2...
May 15, 2024
Video game maker Ubisoft swings to full-year operating profit on record bookings
By Gaelle Sheehan (Reuters) - French video games group Ubisoft swung to an operating profit for its full-year to end-March, it said on Wednesday, as record bookings helped it reverse a year earlier lo...
May 15, 2024
Uber unveils US shuttle service, expands Costco tie-up to woo price-conscious users
By Yuvraj Malik and Arsheeya Bajwa (Reuters) - Uber Technologies is introducing a shuttle service in the U.S. and widening a delivery tie-up with membership-only retailer Costco as part of a series of...
May 15, 2024
Data platform firm WekaIO notches $1.6 billion valuation after lastest funding round
(Reuters) - Data platform company WekaIO notched a valuation of $1.6 billion in a round led by Valor Equity Partners as a funding winter, especially for tech startups focused on artificial intelligenc...
May 15, 2024
US, China hold AI risk, safety talks, White House says
WASHINGTON (Reuters) - The United States and China on Tuesday held talks on artificial intelligence, the White House said in a statement. U.S. and Chinese officials held a 'candid and constructive dis...
May 15, 2024
AI could bring 50 billion euro benefit to Italian companies, Accenture study shows
ROME (Reuters) - Italian companies could increase the added value they create by about 50 billion euros ($54.30 billion) by 2030 with the generalised use of generative Artificial Intelligence (AI), ac...
May 15, 2024
Veon teams up with partners to bridge online 'AI language gap'
(Reuters) - Telecom company Veon, mobile operator Beeline Kazakhstan, the Barcelona Supercomputing Center and the GSMA lobby group said on Wednesday they would work together to bridge an "AI language ...
May 15, 2024
Cerebras Systems, Aleph Alpha to supply AI to German military
By Max A. Cherney (Reuters) - Silicon Valley firm Cerebras Systems on Wednesday said it will supply a supercomputing system to Aleph Alpha, a German technology startup that will use it to develop arti...
May 15, 2024
