Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

By Savyata Mishra May 28 (Reuters) - Best Buy on Thursday forecast second-quarter sales above Wall Street estimates after beating quarterly expectations on steady demand for AI-powered smartphones and...

(Official correction to show in paragraph 5 engineers will work with 35 people in EQT's AI transformation team, not 85) By Isla Binnie NEW YORK, May 28 (Reuters) - EQT has partnered with Alphabet's Go...

May 28 (Reuters) - IBM said on Thursday it plans to invest more than $10 billion in quantum computing over five years as it aims to build by 2029 the first large-scale quantum computer capable of runn...

By Steven Scheer JERUSALEM, May 28 (Reuters) - Israel's Wix.com, which helps small businesses build and operate websites, is laying off 20% of its workforce, CEO Avishai Abrahami said on Thursday, cit...

By Shivansh Tiwary and Praveen Paramasivam May 28 (Reuters) - Whether they are recruiting the ideal "momfluencer" to sell diapers or trawling through reams of data to fast-track drug launches, global ...

May 28 (Reuters) - Property management software company Entrata filed for a U.S. initial public offering on Thursday, revealing a 23% revenue surge in the first three months of 2026, as issuers line u...

By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Chinese online retailer Temu has been fined 200 million ($232 million) for not doing enough to stop the sale of illegal products, European Union tech regul...

May 28 (Reuters) - IBM said on Thursday it has committed $5 billion to an initiative that will deploy engineers and AI tools to help companies better secure open source software. The initiative, calle...

By Foo Yun Chee BRUSSELS, May 28 (Reuters) - Chinese e-commerce giant JD.com's $2.5 billion bid for German electronics retailer Ceconomy may involve Chinese subsidies, European Union competition regul...

May 28 (Reuters) - China is designing a futures market for AI tokens, sources familiar with the matter said, as the country potentially takes a different tack to U.S. exchanges developing compute powe...