Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Global insurtech funding down 72% last year from 2021 peak -report
LONDON (Reuters) - Funding of the global insurance technology (insurtech) sector dropped to $4.5 billion in 2023, down 44% from 2022 and off 72% from its 2021 peak, broker Gallagher Re said in a repor...
Thomson Reuters Feb 01, 2024
Explainer-What next for Paytm's banking arm after India central bank clampdown?
By Ira Dugal and Indranil Sarkar BENGALURU (Reuters) - The Reserve Bank of India (RBI) has ordered the payments bank subsidiary of Paytm to stop accepting fresh deposits in its accounts or popular wal...
Thomson Reuters Feb 01, 2024
SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency - FT
(Reuters) -South Korean chipmaker SK Hynix has chosen the state of Indiana for a cutting-edge facility in the United States, the Financial Times reported on Thursday. SK Hynix is considering a possibl...
Thomson Reuters Feb 01, 2024
Exclusive-Nvidia's new China-focused AI chip set to be sold at similar price to Huawei product
By Yelin Mo and Brenda Goh BEIJING/SHANGHAI (Reuters) - Nvidia has started taking pre-orders for a new China-specific artificial intelligence (AI) chip from distributors who are pricing it on par with...
Thomson Reuters Feb 01, 2024
Google signs its largest offshore power agreement with Dutch wind projects
By Susanna Twidale and Simon Jessop LONDON (Reuters) - Technology giant Google has signed its largest ever power purchase agreement (PPA) with offshore wind projects off the coast of the Netherlands a...
Thomson Reuters Feb 01, 2024
German chip parts supplier Siltronic posts 16% drop in 2023 sales
(Reuters) - German semiconductor equipment supplier Siltronic posted a 16% drop in annual sales on Thursday as chipmakers' high inventories led to much weaker demand for its silicon wafers. The global...
Thomson Reuters Feb 01, 2024
Dassault Systemes sees 2024 revenue growth at 8%-10%
(Reuters) -French software maker Dassault Systemes on Thursday forecast a revenue growth of 8% to 10% in constant currency in 2024, after posting full-year earnings in line with expectations, driven b...
Thomson Reuters Feb 01, 2024
Over a third of EU firms adopt AI, bringing digital goals in reach
STOCKHOLM (Reuters) - More than a third of European businesses adopted artificial intelligence in 2023 as use of generative AI surged, a report commissioned by Amazon Web Services found. The European ...
Thomson Reuters Feb 01, 2024
Palo Alto Networks hit with $151.5 million verdict in Centripetal patent trial
By Blake Brittain (Reuters) - A federal jury in Virginia awarded cybersecurity company Centripetal Networks $151.5 million in damages on Wednesday after finding that rival Palo Alto Networks violated ...
Thomson Reuters Jan 31, 2024
What happens to Musk's Tesla pay after $56 billion package thrown out? It is complicated
By Hyunjoo Jin and Tom Hals (Reuters) - After a Delaware court threw out Elon Musk's $56 billion pay package on Tuesday, the Tesla chief executive and a board seen as captive to him must find a way to...
Thomson Reuters Jan 31, 2024

