Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Nigeria court adjourns Binance and execs trial to May 17
By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Thursday adjourned a money laundering trial against cryptocurrency exchange Binance and two of its executives to May 17 after a lawyer for the ex...
May 02, 2024
Qualcomm jumps as AI sparks rebound in Chinese smartphone market
(Reuters) - Qualcomm shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump. Sales ...
May 02, 2024
Google faces closing arguments in US market power trial
WASHINGTON (Reuters) - The U.S. government will layout its antitrust case against Alphabet's Google in closing arguments on Thursday, wrapping up a trial in which the online search leader is accused o...
May 02, 2024
Tech giants' market cap falls on AI doubts, high rates; Alphabet, Tesla gain
(Reuters) - The market capitalisation of top technology giants fell sharply in April, pressured by diminishing enthusiasm for artificial intelligence and a scaling back of expectations for central ban...
May 02, 2024
Chip parts supplier Siltronic's profit falls on high client inventories
(Reuters) - German chip equipment supplier Siltronic reported a 27.5% drop in first-quarter core profit on Thursday, a week after it slashed annual targets due to customers' still high inventories. Th...
May 02, 2024
US official urges China, Russia to declare only humans, not AI, control nuclear weapons
By Greg Torode HONG KONG (Reuters) - A senior U.S. official on Thursday urged China and Russia to match declarations by the United States and others that only humans, and never artificial intelligence...
May 02, 2024
Microsoft to invest $2.2 billion in Malaysia's digital transformation
KUALA LUMPUR (Reuters) - Microsoft will invest $2.2 billion over the next four years in Malaysia to support the country's digital transformation, the company said in a statement on Thursday. (Reportin...
May 01, 2024
Japan's Mitsubishi full-year profit down 18%, misses estimates
TOKYO (Reuters) - Japanese trading house Mitsubishi Corp posted on Thursday a 18.4% fall in net profit for the year ended in March to 964 billion yen ($6.2 billion), missing estimates. A LSEG poll of ...
May 01, 2024
Nvidia supplier SK Hynix says HBM chips almost sold out for 2025
ICHEON, South Korea (Reuters) - South Korea's SK Hynix said on Thursday its high-bandwidth memory (HBM) chips used in AI chipsets are almost sold out for 2025, after their 2024 chips were fully booked...
May 01, 2024
Cognizant first-quarter revenue beats estimates on steady spending by clients
(Reuters) - Cognizant Technology Solutions beat Wall Street estimates for first-quarter revenue on Wednesday, helped by steady spending by clients, sending its shares up more than 4% in aftermarket tr...
May 01, 2024
