Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
AI startup by Columbia graduates raises $7 million to target midsize law firms
By Niket Nishant (Reuters) -August, an AI startup founded by Columbia University alumni and that caters to midsize law firms, said on Tuesday it had raised $7 million in a seed funding round led by ve...
Aug 05, 2025
Broadridge Financial beats quarterly profit view on robust demand for mainstay businesses
(Reuters) -Fintech firm Broadridge Financial reported fourth-quarter profit above Wall Street estimates on Tuesday, helped by demand for its investor communication offerings and global technology busi...
Aug 05, 2025
GlobalFoundries forecasts hit by slow smartphone demand recovery, shares fall
(Reuters) -Contract chipmaker GlobalFoundries forecast revenue and profit for the third quarter below Wall Street estimates on Tuesday, as it grapples with a slow recovery in demand from clients in th...
Aug 05, 2025
Barcode scanner maker Zebra in $1.3 billion deal to buy Elo Touch, boosts forecasts
(Reuters) -Barcode scanner maker Zebra Technologies is expanding its retail-focused business with a $1.3 billion buyout of touchscreen maker Elo Touch Solutions, after upbeat second-quarter results fu...
Aug 05, 2025
Abu Dhabi's MGX could raise up to $25 billion for AI fund, Bloomberg News says
(Reuters) -Abu Dhabi-based MGX is considering plans to raise as much as $25 billion in third-party capital as the investment group looks to ramp up its artificial intelligence holdings, Bloomberg News...
Aug 05, 2025
Exclusive-Intel struggles with key manufacturing process for next PC chip, sources say
By Jeffrey Dastin and Max A. Cherney SAN FRANCISCO (Reuters) -The production process that Intel hoped would pave the way to winning manufacturing deals and restore its edge in churning out high-end, h...
Aug 05, 2025
Gartner cuts annual revenue forecast on slower research demand
(Reuters) -Gartner cut its annual revenue forecast on Tuesday, anticipating slower demand for its biggest research unit as businesses dialed back on spending in an uncertain economy. Shares of the com...
Aug 05, 2025
South Africa's Telkom profit rises on subscriber growth and fibre services
JOHANNESBURG (Reuters) -South Africa's Telkom reported a 6.5% rise in quarterly core profit on Tuesday, helped by subscriber growth and increased use of its "next-generation network" (NGN) offerings a...
Aug 05, 2025
Brazil's iFood app announces $3.1 billion in investments
By Luciana Magalhaes SAO PAULO (Reuters) -Brazilian food delivery app iFood, owned by Dutch investment group Prosus, announced on Tuesday direct investments of 17 billion reais ($3.1 billion) in the c...
Aug 05, 2025
Small public companies snap up ether in new crypto gold rush, even as risks linger
By Niket Nishant and Manya Saini (Reuters) -Some companies are favoring ether over bitcoin as an inflation hedge as the cryptocurrency hits a sweet spot between affordability and credibility, while be...
Aug 05, 2025
