Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
TE Connectivity beats quarterly profit estimates on sensor demand
(Reuters) - TE Connectivity beat Wall Street estimates for second-quarter profit on Wednesday, helped by strong demand for its sensor technology from electric vehicle (EV) makers across the globe. Wit...
Thomson Reuters Apr 24, 2024
UK watchdog seeks views on Microsoft's and Amazon's AI partnerships
(Reuters) -Britain's competition watchdog said on Wednesday it was seeking comments on the AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic. The Competition an...
Thomson Reuters Apr 24, 2024
Texas Instruments' upbeat Q2 forecast pushes chip stocks higher
(Reuters) - Texas Instruments jumped 7% in premarket trade on Wednesday, sparking a rally in chip stocks as its strong second-quarter revenue forecast fanned optimism that chip demand was picking up a...
Thomson Reuters Apr 24, 2024
Factbox-EU probes on Chinese subsidies and imports
(Reuters) - The European Union launched an investigation into China's procurement of medical devices on Wednesday in a latest effort to protect home-grown manufacturers. It has also launched several p...
Thomson Reuters Apr 24, 2024
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears
(Reuters) - Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries about growth with a prediction that sales would rise this year and said it would roll out more affordab...
Thomson Reuters Apr 24, 2024
Taiwan chipmaker UMC warns of muted auto, industrial demand
TAIPEI (Reuters) - Taiwanese chipmaker UMC said on Wednesday it expected a rise in wafer shipments in the second quarter as inventory levels for computing, consumer and communications segments improve...
Thomson Reuters Apr 24, 2024
SK Hynix to invest $3.86 billion in DRAM chip production base in South Korea
SEOUL (Reuters) - South Korean memory chipmaker SK Hynix said on Wednesday it plans to invest 5.3 trillion won ($3.86 billion) in a new dynamic random access memory (DRAM) chip production base in Sout...
Thomson Reuters Apr 24, 2024
Italy fines Amazon 10 million euros for alleged unfair commercial practices
MILAN (Reuters) - Italy's antitrust authority has fined two subsidiaries of Amazon 10 million euros ($10.70 million) for alleged unfair commercial practices, the regulator said on Wednesday. According...
Thomson Reuters Apr 24, 2024
Filtronic's shares soar on partnering with Musk's SpaceX
(Reuters) - Filtronic's soared 42% on Wednesday after the British engineering group signed a strategic agreement with SpaceX for the Starlink constellation, giving the space venture controlled by bill...
Thomson Reuters Apr 24, 2024
Polestar may use US plant to sell cars to Europe as EU-China tension rises
BEIJING (Reuters) - Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is preparing to shift production of cars it plans to sell into Europe to its U.S. plant from China in view of...
Thomson Reuters Apr 24, 2024

