Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
ASML CEO makes case that DeepSeek is positive for chip demand
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) - Computer chip equipment maker ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has la...
Thomson Reuters Jan 29, 2025
Planet Labs signs $230 million deal to build satellites for Asian customer
By Joey Roulette ORLANDO, Florida (Reuters) - Satellite imagery firm Planet Labs said on Wednesday it signed a $230 million agreement to build satellites for an unnamed customer in the Asia-Pacific re...
Thomson Reuters Jan 29, 2025
AI-driven vehicle inspection startup UVeye raises $191 million in equity, debt
By Nick Carey (Reuters) - UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to sc...
Thomson Reuters Jan 29, 2025
T-Mobile forecasts robust 2025 subscriber growth after strong holiday quarter
(Reuters) - T-Mobile forecast stronger-than-expected annual subscriber growth driven by increased demand for its affordable premium 5G plans on Wednesday, boosting its shares 7% in premarket trading. ...
Thomson Reuters Jan 29, 2025
High-Flyer, the AI quant fund behind China's DeepSeek
By Eduardo Baptista BEIJING (Reuters) - Quantitative hedge fund, High-Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but ...
Thomson Reuters Jan 29, 2025
ADP beats second quarter revenue estimates on strong demand for payroll services
(Reuters) - Automatic Data Processing beat second-quarter revenue estimates on Wednesday due to increased demand for its employee management and payroll services, driven by strong spending from small ...
Thomson Reuters Jan 29, 2025
Corning forecasts Q1 results above estimates on robust demand for AI-related infrastructure
(Reuters) - Corning on Wednesday forecasted first-quarter revenue and profit that beat Wall Street expectations, with the Gorilla Glass-maker expecting robust demand for its optical fiber products for...
Thomson Reuters Jan 29, 2025
Intel's CEO search in focus as chipmaker set to post lower revenue
By Arsheeya Bajwa (Reuters) - Intel will face investor scrutiny on its CEO search when it reports quarterly results on Thursday, as the chipmaker stares at another big decline in revenue due to weak P...
Thomson Reuters Jan 29, 2025
UK's Morrisons says cyber attack at technology provider dented Christmas sales
LONDON (Reuters) - British supermarket group Morrisons said on Wednesday that a November cyber attack at technology provider Blue Younder hit its product availability, impacting Christmas sales. "Our ...
Thomson Reuters Jan 29, 2025
Apple's sales likely hurt by AI delays, Chinese competition
By Akash Sriram (Reuters) - Apple is expected to report tepid quarterly revenue growth on Thursday as its slow roll-out of artificial intelligence features and tough Chinese competition weighed on iPh...
Thomson Reuters Jan 29, 2025
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