Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Nvidia funds construction of Corning plants, in addition to equity investment
By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) - Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion...
Thomson Reuters May 07, 2026
Exclusive-SK Hynix flooded with unprecedented offers from big tech firms to secure chip supplies
By Heekyong Yang, Fanny Potkin and Hyunjoo Jin SEOUL/SINGAPORE, May 8 (Reuters) - SK Hynix is being aggressively courted by big global tech firms with offers to invest in its new production lines and ...
Thomson Reuters May 07, 2026
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
May 7 (Reuters) - Nvidia will invest up to $2.1 billion in data center operator IREN, as part of a broader deal to deploy up to 5 gigawatts of infrastructure to keep up with soaring artificial intelli...
Thomson Reuters May 07, 2026
BILL cuts about 30% jobs to boost profitability, shares jump
May 7 (Reuters) - Payments firm BILL said on Thursday it was cutting its workforce by up to 30% in an effort to increase profitability, sending its shares up over 8% in extended trading. The company s...
Thomson Reuters May 07, 2026
Motorola Solutions raises annual forecasts on robust demand
May 7 (Reuters) - Motorola Solutions on Thursday raised its full-year revenue and profit forecasts, driven by strong demand for its critical communications equipment and video security systems. The co...
Thomson Reuters May 07, 2026
Cloudflare to cut about 20% workforce as AI adoption reshapes operations
May 7 (Reuters) - Cloudflare said on Thursday it would cut about 20% of its workforce as the company restructures operations around the rapid adoption of artificial intelligence tools, and forecast se...
Thomson Reuters May 07, 2026
Microchip Tech forecasts quarterly revenue above estimates on strong chip demand
May 7 (Reuters) - Microchip Technology forecast first-quarter revenue above estimates on Thursday, betting on strong demand for its chips used in industrial and automotive sectors. Shares of the Chand...
Thomson Reuters May 07, 2026
Apple, Meta warn Canadian bill could force them to weaken encryption
By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) - Apple and Meta have publicly opposed a Canadian bill that the companies say could require them to break the encryption of their devices and services ...
Thomson Reuters May 07, 2026
Coinbase logs second straight quarterly loss as crypto trading momentum fades
By Rishab Shaju and Pritam Biswas May 7 (Reuters) - Cryptocurrency exchange Coinbase Global on Thursday recorded a second-consecutive quarter of losses, as a crypto-driven market volatility sapped the...
Thomson Reuters May 07, 2026
Block raises annual gross profit outlook as Cash App stands out
May 7 (Reuters) - Jack Dorsey-led Block raised its full-year outlook on Thursday as the payments firm benefited from resilient consumer spending and strong growth in its core businesses. The Oakland, ...
Thomson Reuters May 07, 2026
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