Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
TSMC says work on European plant on track to start in fourth quarter
AMSTERDAM (Reuters) - Taiwanese chipmaker TSMC is planning to start construction of its European facility in the fourth quarter of 2024, it said on Tuesday. At a conference in the Netherlands, TSMC's ...
Thomson Reuters May 14, 2024
Rakuten logs $213 million quarterly loss as mobile losses negate fintech growth
TOKYO (Reuters) - Japan's Rakuten Group on Tuesday logged an operating loss of 33.3 billion yen ($213 million) in the January-March quarter, its 15th straight quarter in the red as losses in its mobil...
Thomson Reuters May 14, 2024
Apple supplier Foxconn's first-quarter profit jumps 72% but misses forecasts
TAIPEI (Reuters) -Apple supplier Foxconn reported a 72% rise in first-quarter profit, boosted by strong demand for AI servers and coming off a low base from the period a year earlier, but the growth w...
Thomson Reuters May 14, 2024
Japan sees need for sharp hike in power output by 2050 to meet demand from AI, chip plants
TOKYO (Reuters) - Japan envisages the need for electricity output to rise 35% to 50% by 2050 due to growing demand from semiconductor plants and data centres backing artificial intelligence (AI), the ...
Thomson Reuters May 13, 2024
Sony restructures leadership of key games business
By Sam Nussey TOKYO (Reuters) - Sony announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the business. Hideak...
Thomson Reuters May 13, 2024
Rumble sues Google over digital advertising practices
WASHINGTON (Reuters) - Video sharing platform Rumble said on Monday it has sued Google, arguing the tech giant has engaged in anticompetitive practices across its range of digital advertising products...
Thomson Reuters May 13, 2024
VC firm Accel raises $650 million to invest in AI, cybersecurity startups
By Supantha Mukherjee STOCKHOLM (Reuters) - Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artific...
Thomson Reuters May 13, 2024
Games Global Ltd withdraws US IPO plan
(Reuters) - Games Global, the UK-based maker of online casino-styled games, withdrew its plan for an initial public offering in the United States on Monday. (Reporting by Arasu Kannagi Basil in Bengal...
Thomson Reuters May 13, 2024
Artificial intelligence hitting labour forces like a "tsunami" - IMF Chief
ZURICH (Reuters) - Artificial intelligence is hitting the global labour market "like a tsunami" International Monetary Fund Managing Director Kristalina Georgieva said on Monday. Artificial intelligen...
Thomson Reuters May 13, 2024
OpenAI to announce ChatGPT product improvements Monday
By Anna Tong (Reuters) - ChatGPT-maker OpenAI plans to announce on Monday updates to its flagship chatbot as its most advanced AI model GPT-4, which "feels like magic," CEO Sam Altman said on X on Fri...
Thomson Reuters May 13, 2024

