Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
The lower the AI exposure, the bigger the problem for Europe's chip firms
By Olivier Sorgho and Nathan Vifflin (Reuters) - Shares in European semiconductor firms less exposed to AI chips slumped on Thursday as falling demand from their key automotive and industrial clients ...
Thomson Reuters Jul 25, 2024
AI cloud provider SMC plans global rollout, CEO says
Singapore - Singapore-headquartered AI cloud provider Sustainable Metal Cloud (SMC) is planning to expand globally as its sees fast-growing demand for its energy saving technology, its CEO said on Thu...
Thomson Reuters Jul 25, 2024
EU and Singapore agree digital trade deal
BRUSSELS (Reuters) - The European Union and Singapore concluded a digital trade agreement on Thursday designed to ease cross-border data flows and shape global rules for data. The agreement, supplemen...
Thomson Reuters Jul 25, 2024
BofA payments app for businesses handled record $500 billion by mid-year
By Lananh Nguyen NEW YORK (Reuters) - Bank of America's corporate clients approved a record $500 billion in payments through its CashPro app by mid-year, up almost 40% versus the same period in 2023, ...
Thomson Reuters Jul 25, 2024
Stellantis to sell majority stake in Comau robotics unit to One Equity Partners
MILAN (Reuters) - Carmaker Stellantis will sell a majority stake in its robotic unit Comau to One Equity Partners, the three companies said in a statement on Thursday, in a move aimed at supporting Co...
Thomson Reuters Jul 25, 2024
India's Cyient posts Q1 profit drop on delays in project execution
BENGALURU (Reuters) - India's Cyient reported a drop in first-quarter profit on Thursday, hurt by greater than expected delays in project execution. The company reported consolidated profit of 1.44 bi...
Thomson Reuters Jul 25, 2024
India's Tech Mahindra beats Q1 revenue view on demand recovery
BENGALURU (Reuters) -India's Tech Mahindra reported its smallest revenue fall in four straight quarters on Thursday, beating estimates, on demand recovery in its manufacturing and healthcare segments....
Thomson Reuters Jul 25, 2024
UK watchdog fines Coinbase's CB Payments for poor controls
By Huw Jones LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) has fined Coinbase business CB Payments Limited (CPBL) 3.5 million pounds ($4.5 million) for poor anti-money laundering cont...
Thomson Reuters Jul 25, 2024
Trump, Republicans court crypto votes and dollars at 'Bitcoin 2024'
By Stephanie Kelly, Suzanne McGee and Hannah Lang NASHVILLE (Reuters) - Republican nominee and former U.S. President Donald Trump once blasted cryptocurrency, calling it a "scam." Now, he is headlinin...
Thomson Reuters Jul 25, 2024
Huawei's China smartphone shipments leap while Apple share dips
BEIJING (Reuters) - Huawei's smartphone shipments jumped 41% year on year in the second quarter of 2024 while Apple Inc's market share slipped by about two percentage points in China, data from resear...
Thomson Reuters Jul 25, 2024
Fri Aug 21
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