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

By Rajveer Pardesi and Mrinmay Dey Aug 5 (Reuters) - Meta said on Wednesday one of its AI models hacked another company during cybersecurity testing, fanning concerns about how developers can contain ...

Aug 5 (Reuters) - TASER-maker Axon Enterprise posted lower second-quarter gross margin on Wednesday, weighed by a higher mix of less lucrative professional services and investments in scaling new prod...

Aug 5 (Reuters) - Payroll processor Paycom on Wednesday lifted its annual revenue forecast, driven by steady demand for its AI-driven employee management services. Shares of the company were up 15.1% ...

Aug 5 (Reuters) - Bumble on Wednesday forecast third-quarter revenue below Wall Street estimates, as paying users declined during an ongoing platform overhaul to win back swipe-weary Gen Z users. The ...

Aug 5 (Reuters) - Meta Platforms on Wednesday launched Muse Code, a coding tool powered by its latest AI model, Muse Spark 1.2, designed to help developers write and debug software. The launch highlig...

By Anhata Rooprai and Stephen Nellis Aug 5 (Reuters) - Sandisk forecast quarterly revenue above estimates on Wednesday, banking on rising demand for its memory chips used in AI data centers. Shares of...

Aug 5 (Reuters) - Western Digital forecast quarterly revenue slightly above Wall Street estimates on Wednesday, betting on strong AI-driven demand for its hard disk drives. Still, its shares dropped m...

By Akash Sriram Aug 5 (Reuters) - Duolingo forecast third-quarter revenue below Wall Street expectations on Wednesday, tempering optimism from its stronger user growth forecast as the language-learnin...

By Manya Saini Aug 5 (Reuters) - Chime raised its full-year revenue growth forecast above Wall Street estimates on strong demand for its digital banking products, and announced the departure of longti...

By Deborah Mary Sophia Aug 5 (Reuters) - Figma on Wednesday reported a sharp rise in costs and a decline in profit margins as the design software company ramps up AI investments, triggering a 16% slum...