Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Seagate forecasts first-quarter revenue above estimates, shares jump
(Reuters) - Seagate Technology forecast first-quarter revenue above Wall Street estimates on Tuesday, driven by increased demand for memory chips from personal computing and data center clients, sendi...
Thomson Reuters Jul 23, 2024
TI beats quarterly profit estimates as chip demand turns steady
(Reuters) -Texas Instruments beat analysts' estimates for second-quarter profit on Tuesday, as demand for analog chips from markets such as personal electronics stabilized following a years-long glut ...
Thomson Reuters Jul 23, 2024
Meta unveils biggest Llama 3 AI model, touting language and math gains
By Katie Paul NEW YORK (Reuters) - Meta Platforms released the biggest version of its mostly free Llama 3 artificial intelligence models on Tuesday, boasting multilingual skills and general performanc...
Thomson Reuters Jul 23, 2024
OpenAI reassigns AI safety leader Madry, The Information reports
(Reuters) - OpenAI has reassigned its artificial intelligence (AI) safety leader Aleksander Madry to a "bigger role within the research organization", The Information reported on Tuesday. Madry set up...
Thomson Reuters Jul 23, 2024
Tesla revenue sees surprise rise in second-quarter revenue
(Reuters) - Tesla's revenue saw a surprise rise in the April-June period as it handed over more electric vehicles than analysts had expected helped by price cuts and incentives. The company on Tuesday...
Thomson Reuters Jul 23, 2024
Google parent Alphabet beats quarterly revenue estimates
(Reuters) -Alphabet beat revenue estimates for the second quarter on Tuesday, driven by a rise in digital advertising sales and healthy demand for its cloud computing services. Revenue grew 14% to $84...
Thomson Reuters Jul 23, 2024
Semiconductor materials supplier Soitec reports Q1 sales slump
(Reuters) - French semiconductor materials supplier Soitec on Tuesday reported a 24% drop in its comparable first quarter revenue, slightly ahead of analyst expectations, as inventory correction in th...
Thomson Reuters Jul 23, 2024
ASMI raises quarterly guidance after AI orders offset Chinese sales drop
By Nathan Vifflin (Reuters) - Computer chip-making equipment supplier ASM International (ASMI) raised its third-quarter guidance after second-quarter orders beat expectations thanks to AI-related prod...
Thomson Reuters Jul 23, 2024
Temenos lowers full-year guidance after impact of short seller report
By Chiara Holzhaeuser (Reuters) -Swiss banking software firm Temenos lowered its guidance for 2024 on Tuesday, citing its half-year performance which was impacted by a short seller report by Hindenbur...
Thomson Reuters Jul 23, 2024
Visa prevented $40 billion worth of fraudulent transactions in 2023- official
JOHANNESBURG (Reuters) - Visa prevented 80 million fraudulent transactions worth $40 billion globally last year thanks to investments in technology including artificial intelligence (AI), a senior com...
Thomson Reuters Jul 23, 2024
Sat Aug 22
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