Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Qualcomm profit forecast beats estimates amid AI push
By Stephen Nellis (Reuters) - Qualcomm on Wednesday forecast fiscal second-quarter profit slightly above Wall Street estimates and sales in line with market expectations, as a new line of AI-enabled c...
Jan 31, 2024
'AI' stays front-and-center on quarterly conference calls
By Noel Randewich (Reuters) - Artificial intelligence remains a hot topic on earnings conference calls this quarter by Microsoft, Alphabet and others across Wall Street, even as investors look for mor...
Jan 31, 2024
Qorvo expects strong Q4 on hopes of rebound in smartphone market
(Reuters) - Wireless connectivity chipmaker Qorvo forecast fourth-quarter revenue and profit above Wall Street estimates on Wednesday, anticipating a rebound in the smartphone market. Shares of Greens...
Jan 31, 2024
Tesla to bring LFP battery supply chain to US - Bloomberg News reporter
(Reuters) - Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, a Bloomberg News reporter said ...
Jan 31, 2024
Tesla sued by California counties over hazardous waste
By Clark Mindock (Reuters) - A group of 25 California counties have sued Elon Musk's Tesla, claiming the electric vehicle maker mishandled hazardous waste at its facilities across the state. The lawsu...
Jan 31, 2024
Paytm expects up to $60 million hit from RBI action on its payments bank
(Reuters) - Paytm said on Thursday it expects a worst case impact of 3 billion rupees ($36.13 million) to 5 billion rupees to its annual earnings from Reserve Bank of India's order barring its unit, P...
Jan 31, 2024
Pentagon adds companies to Chinese military list, US official says
By Idrees Ali WASHINGTON (Reuters) - The United States added more than a dozen Chinese companies to a list created by the Defense Department that highlights entities that are alleged to work with Beij...
Jan 31, 2024
US energy data agency to begin tracking crypto mining power use
(Reuters) - The U.S. Energy Information Administration (EIA) said on Wednesday that it will provisionally start collecting the electricity consumption data from U.S. cryptocurrency mining companies. "...
Jan 31, 2024
US disrupts Chinese botnet targeting critical infrastructure, FBI says
WASHINGTON (Reuters) - The United States disrupted a botnet used by China to conceal hacking of critical infrastructure, a senior FBI official said during a media briefing on Wednesday. The operation ...
Jan 31, 2024
EBay to pay $59 million to settle U.S. charges over pill presses
(Reuters) - The U.S. Department of Justice said on Wednesday that eBay agreed to pay $59 million and enhance its compliance program to resolve allegations that it violated the law in connection with t...
Jan 31, 2024
