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

By Karen Freifeld (Reuters) -The U.S. Justice Department has charged four people in a scheme to illegally export Nvidia AI chips to China, prompting a key House Republican to call for urgent passage o...

(Reuters) -Foxconn will collaborate with U.S.-based OpenAI to design and engineer data center racks, components, and other artificial intelligence hardware, the Taiwanese company said on Thursday, as ...

By Daniel Leussink, Maki Shiraki and David Dolan TOKYO (Reuters) -Foxconn will invest $2 billion to $3 billion a year in AI, the head of the world's largest contract electronics maker told Reuters. Fo...

(Reuters) -Online vehicle auction company Copart reported first-quarter revenue below Wall Street estimates on Thursday, hurt by weak demand and falling vehicle values for used cars. Shares of the com...

By Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Thursday said it has dropped its closely watched litigation against SolarWinds Corp and its top security officer that was ti...

By Tom Hals WILMINGTON, Delaware (Reuters) -Mark Zuckerberg and current and former leaders of Meta Platforms agreed to pay the company $190 million to resolve shareholder allegations that they damaged...

By Mike Scarcella WASHINGTON (Reuters) -Elon Musk's social media platform X has ended its lawsuit against elite law firm Wachtell, Lipton, Rosen & Katz that sought to recover most of a $90 million fee...

By Dan Catchpole and Shivansh Tiwary (Reuters) -Electric aircraft maker BETA Technologies said on Thursday it is partnering with Near Earth Autonomy to develop uncrewed aircraft for the military, with...

(Reuters) -Intuit forecast second-quarter revenue growth above Wall Street estimates on Thursday, a sign of growing demand for its artificial intelligence-powered financial management tools. Shares of...

By Max A. Cherney PHOENIX (Reuters) -A bipartisan group of U.S. lawmakers introduced a bill on Thursday in the House that would block the purchase of Chinese chipmaking equipment by CHIPS Act grant re...