Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Expedia shares sink after 2024 revenue warning on softening air fares
(Reuters) - Shares of Expedia plunged 13% in premarket trading on Friday after the online travel firm said it expects 2024 revenue growth rates to moderate, as air fares soften from their post-pandemi...
Thomson Reuters Feb 09, 2024
Disney harnesses 'AI' to drive streaming ad-technology
By Dawn Chmielewski (Reuters) - Walt Disney is harnessing artificial intelligence to power a new advertising tool that will help brands tailor their commercials to fit the mood of specific scenes with...
Thomson Reuters Feb 09, 2024
US announces over $5 billion investments in semiconductor-related research and development
(Reuters) - The Biden administration expects to invest more than $5 billion from the CHIPS and Science Act in semiconductor-related research and development, including in the National Semiconductor Te...
Thomson Reuters Feb 09, 2024
Japan chipmaker Kioxia reports $434 million Q3 loss
By Sam Nussey TOKYO (Reuters) - Bain Capital-backed chipmaker Kioxia on Friday reported a narrower third-quarter operating loss of 65 billion yen ($434.70 million) sequentially, saying selling prices ...
Thomson Reuters Feb 09, 2024
After months of negotiation, a rare Russian compromise as Yandex changes hands
By Alexander Marrow, Darya Korsunskaya and Polina Devitt LONDON (Reuters) - Before Moscow's invasion of Ukraine two years ago, Russia's Nasdaq-listed search engine giant Yandex was briefly worth $30 b...
Thomson Reuters Feb 09, 2024
Japan offers $300 million backing for chip research organisation
By Sam Nussey TOKYO (Reuters) - Japan's trade ministry said on Friday it would offer backing worth up to 45 billion yen ($301 million) to an organisation, including chip foundry venture Rapidus, for r...
Thomson Reuters Feb 09, 2024
OpenAI's Altman in talks to raise funds for chips, AI initiative - WSJ
(Reuters) -OpenAI CEO Sam Altman is in talks with investors, including the UAE, to raise funds for a tech initiative to boost the world's chip-building capacity and expand its ability to power AI, amo...
Thomson Reuters Feb 08, 2024
Verisign beats fourth-quarter revenue estimates on strong internet services demand
(Reuters) - Verisign reported a 3% rise its fourth-quarter revenue on Thursday, beating market estimates, on strong demand for its internet services that include registering domain names. With more an...
Thomson Reuters Feb 08, 2024
Bell Canada to cut 4,800 jobs, cites 'unsupportive' government among factors
OTTAWA (Reuters) -Bell Canada said on Thursday it was slashing 4,800 jobs to rein in costs that the media and telecom company blamed on declining legacy phone and news business and "unsupportive" gove...
Thomson Reuters Feb 08, 2024
Disney's Epic deal shows sharp cut in Fortnite maker's valuation -The Information
(Reuters) - Walt Disney's investment in Epic Games values the gaming company at $22.5 billion, a steep drop from what the company was valued two years ago, The Information reported on Thursday, citing...
Thomson Reuters Feb 08, 2024
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