Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Japan offers $300 million backing for chip research organisation
By Sam Nussey TOKYO (Reuters) - Japan's trade ministry said on Friday it would offer backing worth up to 45 billion yen ($301 million) to an organisation, including chip foundry venture Rapidus, for r...
Feb 09, 2024
OpenAI's Altman in talks to raise funds for chips, AI initiative - WSJ
(Reuters) -OpenAI CEO Sam Altman is in talks with investors, including the UAE, to raise funds for a tech initiative to boost the world's chip-building capacity and expand its ability to power AI, amo...
Feb 08, 2024
Verisign beats fourth-quarter revenue estimates on strong internet services demand
(Reuters) - Verisign reported a 3% rise its fourth-quarter revenue on Thursday, beating market estimates, on strong demand for its internet services that include registering domain names. With more an...
Feb 08, 2024
Bell Canada to cut 4,800 jobs, cites 'unsupportive' government among factors
OTTAWA (Reuters) -Bell Canada said on Thursday it was slashing 4,800 jobs to rein in costs that the media and telecom company blamed on declining legacy phone and news business and "unsupportive" gove...
Feb 08, 2024
Disney's Epic deal shows sharp cut in Fortnite maker's valuation -The Information
(Reuters) - Walt Disney's investment in Epic Games values the gaming company at $22.5 billion, a steep drop from what the company was valued two years ago, The Information reported on Thursday, citing...
Feb 08, 2024
Pinterest shares slump after forecasts misses estimates
(Reuters) - Pinterest forecast first-quarter revenue largely below Wall Street estimates on Thursday, a sign that it faces tough competition from larger social media players even as the digital advert...
Feb 08, 2024
Ex-TikTok executive claims she was fired for reporting sex, age bias
By Daniel Wiessner (Reuters) - A former top marketing executive at TikTok sued the social media company and its China-based parent ByteDance on Thursday, claiming she had been forced out of her job af...
Feb 08, 2024
Motorola Solutions falls on weak full-year profit forecast
(Reuters) - Motorola Solutions forecast full-year adjusted profit below expectations on Thursday, taking the sheen off strong results and additional stock buyback, sending its shares down 5% in choppy...
Feb 08, 2024
Cloudflare shares jump after upbeat first-quarter forecasts
(Reuters) - Cloudflare forecast its first-quarter revenue and profit above market estimates on Thursday, betting on strong demand for its cloud and content delivery services, sending its shares up 24%...
Feb 08, 2024
Take-Two forecasts quarterly net bookings below estimates on weak demand
(Reuters) -Take-Two Interactive Software forecast fourth-quarter bookings below market expectations on Thursday, on signs of weak demand for the company's gaming titles such as "Grand Theft Auto". The...
Feb 08, 2024
