Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Autonomous driving firm Aurora lays off 3% staff
(Reuters) - Autonomous vehicle technology company Aurora Innovation said on Wednesday it had cut 3% of its workforce as part of a reorganization exercise. Aurora had 1,700 employees by 2022-end, as pe...
Thomson Reuters Jan 24, 2024
SK Hynix swings to Q4 profit on strong AI chip demand
SEOUL (Reuters) -South Korea's SK Hynix on Thursday posted its first quarterly profit in a year on robust demand for high-end chips used in artificial intelligence and restocking orders from Chinese m...
Thomson Reuters Jan 24, 2024
Tesla gross margin falls on price cuts, shares tank
(Reuters) - Tesla on Wednesday reported a fall in fourth-quarter gross margin from a year earlier as it cut prices and offered incentives to boost demand for its electric vehicles. Shares of the Austi...
Thomson Reuters Jan 24, 2024
Lam Research delivers strong results, forecast as electronics demand recovers
(Reuters) - Lam Research forecast third-quarter revenue largely above analysts' estimates and topped expectations on Wednesday, as chipmakers placed orders for the company's manufacturing equipment on...
Thomson Reuters Jan 24, 2024
IBM forecasts annual revenue growth above estimates on AI adoption rush
(Reuters) - IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its IT software and consultancy services from businesses looking to adopt artificial...
Thomson Reuters Jan 24, 2024
ServiceNow raises annual subscription revenue forecast on GenAI product demand
(Reuters) - ServiceNow raised its annual subscription revenue forecast on Wednesday, as the software firm expects to attract new clients for its generative artificial intelligence (AI) products. Busin...
Thomson Reuters Jan 24, 2024
Analysis-Netflix emulates old-school cable TV playbook with addition of live sports
By Dawn Chmielewski (Reuters) - After a quarter in which Netflix reaffirmed its dominance in streaming video, its $5 billion deal to acquire rights to broadcast live wrestling suggests the streaming p...
Thomson Reuters Jan 24, 2024
Crypto hackers stole around $1.7 billion in 2023 - report
(Reuters) - Hackers of cryptocurrency platforms stole around $1.7 billion in 2023, around 54.3% lower than the year before, a Chainalysis report showed on Wednesday. Cyber attacks have been a persiste...
Thomson Reuters Jan 24, 2024
Microsoft hits $3 trillion market value
NEW YORK (Reuters) - Microsoft's stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world's second most valuable company, just behind iPho...
Thomson Reuters Jan 24, 2024
Stellantis acquires CloudMade's AI tech to support vehicle software development
MILAN (Reuters) - Stellantis has acquired the artificial intelligence framework, machine learning models and intellectual property rights and patents of British IT company CloudMade, the group said on...
Thomson Reuters Jan 24, 2024
Tue Sep 1
Sheboygan, WI, USA
Wind/Dir: 12 MPH-WNW

