Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Zoom beats quarterly revenue estimates
(Reuters) -Zoom Video Communications beat market expectations for quarterly revenue on Monday, helped by strong demand for its expanding product portfolio as more employers embrace hybrid work models,...
Thomson Reuters Feb 26, 2024
Hedge funds call time on tech rally, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) - Global hedge funds sold tech stocks at their highest pace in almost eight months in the week to Feb. 23, Goldman Sachs said, piling into bets against the sector ju...
Thomson Reuters Feb 26, 2024
Nvidia bets dominate US options market as AI fervor grows
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors' fervor for all things AI-related is leaving its mark on the U.S. options market, as traders pile in to derivatives bets to gain exposure to the red...
Thomson Reuters Feb 26, 2024
Chips companies will be lucky to get half of subsidies sought, US Commerce Secretary says
By David Shepardson WASHINGTON (Reuters) - U.S. Commerce Secretary Gina Raimondo said Monday chips companies seeking government subsidies from a $52.7 billion program are expected get significantly le...
Thomson Reuters Feb 26, 2024
EquiLend hack raised costs as traders flew blind, sources say
By Laura Matthews NEW YORK (Reuters) - A ransomware attack last month on EquiLend, a little-known market utility, left Wall Street briefly in the dark on trading risks, raising capital costs for banks...
Thomson Reuters Feb 26, 2024
Microsoft partners with OpenAI's French rival Mistral
By Yuvraj Malik and Krystal Hu (Reuters) - Microsoft will make French startup Mistral AI's artificial intelligence models available through its Azure cloud computing platform under a new partnership, ...
Thomson Reuters Feb 26, 2024
Google hopes to relaunch Gemini AI image generation tool in 'couple of weeks'
BARCELONA (Reuters) - Google plans to relaunch "in the next couple of weeks" its AI tool that creates images of people which it paused last week following inaccuracies in some historical depictions, G...
Thomson Reuters Feb 26, 2024
Cyber security outage at UnitedHealth's Change unit extends for sixth straight day
(Reuters) -UnitedHealth's technology unit Change Healthcare said it expects disruptions from a recent cyber security attack to last at least through Monday, according to the latest update on its statu...
Thomson Reuters Feb 26, 2024
Amazon's AWS to invest over $5 billion to boost cloud computing in Mexico
By Valentine Hilaire MEXICO CITY (Reuters) - Amazon Web Services Mexico (AWS), a unit of Amazon.com Inc, announced on Monday it will invest over $5 billion to open a cluster of data centers in Mexico,...
Thomson Reuters Feb 26, 2024
Peter Thiel's Founders Fund backs $27 million funding for Avail
(Reuters) - Blockchain technology start-up Avail said on Monday it had raised $27 million for its early-stage funding round led by billionaire Peter Thiel's Founders Fund and crypto investment firm Dr...
Thomson Reuters Feb 26, 2024

