Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
CoreWeave shares drop as growing losses eclipse AI demand surge
By Rashika Singh (Reuters) -CoreWeave shares sank 10% in premarket trading on Wednesday after the Nvidia-backed company posted a bigger-than-expected loss, raising doubts about its ability to keep cos...
Aug 13, 2025
China's Tencent beats Q2 revenue forecasts as gaming, AI fuel growth
BEIJING (Reuters) -Tencent reported second-quarter revenue growth of 15% on Wednesday, driven by robust gaming performance and deployment of AI across services and platforms including WeChat. For the ...
Aug 13, 2025
Nordic Semiconductor shares hit two-year high on strong results and Q3 guidance
By Jesus Calero (Reuters) -Norwegian chipmaker Nordic Semiconductor on Wednesday reported consensus-beating second-quarter results and gave a revenue guidance above market expectations for the third q...
Aug 13, 2025
Exclusive-US embeds trackers in AI chip shipments to catch diversions to China, sources say
By Fanny Potkin, Karen Freifeld and Jun Yuan Yong SINGAPORE/NEW YORK (Reuters) -U.S. authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as bein...
Aug 13, 2025
CoinDesk owner Bullish prices IPO above range to raise over $1.1 billion
NEW YORK (Reuters) -Bullish, a cryptocurrency exchange operator that counts billionaire Peter Thiel amongst its backers, said its U.S. initial public offering was priced above its indicated range at $...
Aug 13, 2025
Software firm Sapiens to be acquired by Advent for $2.5 billion
(Reuters) -Israeli software company Sapiens International said on Wednesday that it will be acquired by private equity firm Advent for $2.5 billion in cash. Sapiens' shareholders will receive $43.50 p...
Aug 13, 2025
Australia's Tyro Payments confirms takeover interest from separate parties; shares rally
(Reuters) -Tyro Payments said on Wednesday it has received takeover approaches from multiple parties in recent months, moving to clarify speculation after its shares were halted on the Australian exch...
Aug 12, 2025
Brazil's Lula says proposal to regulate social media platforms is ready
BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday that a proposal to regulate social media platforms in the country is ready and will be sent to Congress. In an intervi...
Aug 12, 2025
CoreWeave beats quarterly revenue estimates on sturdy AI demand
(Reuters) -CoreWeave beat Wall Street estimates for second-quarter revenue on Tuesday, driven by accelerating demand for the Nvidia-backed AI cloud computing firm's services. The company offers access...
Aug 12, 2025
Russia is suspected to be behind hack of US federal court filing system, New York Times reports
WASHINGTON (Reuters) -Investigators have uncovered evidence that Russia is at least in part responsible for a recent hack of the computer system that manages U.S. federal court documents, the New York...
Aug 12, 2025
