Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
DeepSeek's launch of new AI model delayed by Huawei chip issues, FT reports
(Reuters) -Chinese artificial intelligence company DeepSeek has delayed the release of its new model after failing to train it using Huawei's chips, highlighting the limits of Beijing's push to replac...
Aug 14, 2025
Paramount's new owners to increase film production, hang on to cable networks
By Dawn Chmielewski LOS ANGELES (Reuters) -Paramount Global unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feat...
Aug 13, 2025
Bitcoin hits fresh record as Fed easing bets add to tailwinds
TOKYO (Reuters) -Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the Federal Reserve added to tailwinds from recently announced financial reforms. The ...
Aug 13, 2025
Chinese PC maker Lenovo fiscal Q1 profit doubles, revenue up 22%
By Che Pan and Brenda Goh BEIJING (Reuters) -China's Lenovo on Thursday reported a 108% rise in first-quarter profit despite challenges from U.S. tariff policies. Net profit attributable to shareholde...
Aug 13, 2025
AI demand expected to boost electronics giant Foxconn's second-quarter profit
By Wen-Yee Lee TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, is expected to report on Thursday that second-quarter profit rose 14% on continued strong demand for ...
Aug 13, 2025
xAI co-founder Babuschkin departs to launch AI safety investment firm
(Reuters) -Igor Babuschkin, a co-founder of Elon Musk's artificial intelligence startup xAI, said on Wednesday that he has left the company and plans to launch an investment firm focused on AI safety ...
Aug 13, 2025
Fintech dLocal hikes 2025 guidance after growth beats expectations
(Reuters) -Uruguayan fintech dLocal on Wednesday raised its forecasts for 2025, predicting higher ranges for its revenue and profit growth, after earnings surged ahead of analyst forecasts helped by s...
Aug 13, 2025
Google pledges $9 billion to expand AI, cloud infrastructure in Oklahoma
(Reuters) -Alphabet's Google said on Wednesday it will spend an additional $9 billion in Oklahoma over the next two years to expand cloud and artificial intelligence infrastructure. The company will b...
Aug 13, 2025
Cisco sees higher-than-expected quarterly revenue on increased networking gear demand
(Reuters) -Cisco Systems forecast first-quarter revenue above Wall Street estimates on Wednesday, as the artificial intelligence boom boosted demand for its networking equipment from cloud customers. ...
Aug 13, 2025
New York sues Zelle, says security lapses led to 'rampant' consumer fraud
By Jonathan Stempel NEW YORK (Reuters) -Zelle was sued on Wednesday by New York Attorney General Letitia James, who said the electronic payment platform's refusal to adopt critical safety features ena...
Aug 13, 2025
