Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Snap sinks as ad glitch, fierce competition stall growth
(Reuters) -Snap shares plummeted nearly 17% in premarket trading on Wednesday as a weak quarter and mounting competition underscored the company's struggle to keep pace with AI-driven peers. Advertise...
Thomson Reuters Aug 06, 2025
Exclusive-US lawmaker questions Intel CEO's ties to China in letter to company board chair
By Max A. Cherney SAN FRANCISCO (Reuters) -U.S. Republican Senator Tom Cotton sent a letter to Intel's board chair on Wednesday with questions about the chipmaker's new CEO Lip-Bu Tan's ties to Chines...
Thomson Reuters Aug 06, 2025
Musk says xAI will open source Grok 2 chatbot
(Reuters) -Billionaire Elon Musk said on Wednesday that his artificial intelligence startup xAI will open source its chatbot Grok 2 next week. (Reporting by Gursimran Kaur in Bengaluru; Editing by Niv...
Thomson Reuters Aug 06, 2025
Musk vs. Modi: Inside the battle over India's internet censorship
By Munsif Vengattil, Arpan Chaturvedi and Aditya Kalra BENGALURU/NEW DELHI (Reuters) -In January, an old post on Elon Musk's social media platform, X, became a concern for police in the Indian city of...
Thomson Reuters Aug 05, 2025
Nvidia reiterates its chips have no backdoors, urges US against location verification
BEIJING (Reuters) -Nvidia has published a blog post reiterating that its chips did not have backdoors or kill switches and appealed to U.S. policymakers to forgo such ideas saying it would be a "gift"...
Thomson Reuters Aug 05, 2025
OpenAI eyes $500 billion valuation in potential employee share sale, source says
(Reuters) -ChatGPT maker OpenAI is in early talks for a potential secondary stock sale that would allow current and former employees to sell shares, valuing the company at around $500 billion, a sourc...
Thomson Reuters Aug 05, 2025
TPG to acquire Australian automotive software firm Infomedia for over $420 million
(Reuters) -Australia's Infomedia said on Wednesday it has agreed to be acquired by the Asia-focused private equity arm of asset manager TPG for an equity value of A$651 million ($421.33 million). Unde...
Thomson Reuters Aug 05, 2025
Apple supplier Skyworks forecasts upbeat quarterly results on strong chip demand
(Reuters) -Apple supplier Skyworks Solutions forecast fourth-quarter revenue and profit above Wall Street expectations on Tuesday, benefiting from steady demand for its analog chips amid economic unce...
Thomson Reuters Aug 05, 2025
Arista forecasts upbeat third-quarter revenue on strong demand for networking equipment
(Reuters) -Arista Networks on Tuesday forecast third-quarter revenue above Wall Street expectations, signaling resilient demand for its networking equipment amid growing footprint of data centers. Sha...
Thomson Reuters Aug 05, 2025
Chipmaker AMD forecasts third-quarter revenue above estimates
(Reuters) -Advanced Micro Devices forecast third-quarter revenue above Wall Street estimates on Tuesday, betting on upbeat demand for its artificial intelligence chips from businesses rushing to expan...
Thomson Reuters Aug 05, 2025
Thu Jul 2
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