Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
US mulls new export restriction on computing power in AI chips
By Stephen Nellis and Karen Freifeld (Reuters) - U.S. officials are considering tightening an export control rule designed to slow the flow of artificial intelligence chips to China by clamping down o...
Jun 28, 2023
Factbox – Financial firms line up spot bitcoin exchange-traded fund applications
(Reuters) - Financial firms are once again lining up to attempt to get their proposed spot bitcoin exchange-traded-funds approved by the U.S. securities regulator after BlackRock this month unveiled i...
Jun 28, 2023
Apple’s stock hits record, on cusp of $3 trillion market value
By Akash Sriram and Noel Randewich (Reuters) - Apple's stock climbed to an intra-day record high on Wednesday, and was on the cusp of ending the session for the first time with a market capitalization...
Jun 28, 2023
Nvidia sees no material impact from reported AI chip restrictions on China – CNBC
(Reuters) - Nvidia expects no immediate material impact from the reported new restrictions on exports of artificial intelligence chips to China, CNBC reported on Wednesday citing CFO Colette Kress. Sh...
Jun 28, 2023
Warner Bros Discovery to add CNN on streaming service – Bloomberg
(Reuters) - Warner Bros Discovery Inc is planning to add live programming from CNN to the Max streaming service later this year, Bloomberg News reported on Wednesday, citing people familiar with the m...
Jun 28, 2023
BlackRock Investment Institute sees AI as major driver of equity returns
(Reuters) - Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic environment, BlackRock Investment Institute said, citing a current rally that is ...
Jun 28, 2023
Israel tech fundraising suffers 65% annual slump in second quarter
By Steven Scheer JERUSALEM (Reuters) - Fundraising by Israeli technology firms slumped 65% in the second quarter compared to the same period last year, data showed on Wednesday, as political turmoil i...
Jun 28, 2023
Micron signs preliminary agreement for India chip facility
AHMEDABAD (Reuters) - U.S. memory chip firm Micron Technology on Wednesday signed a memorandum of understanding with the Indian government to build a semiconductor plant, its first factory in the coun...
Jun 28, 2023
Indian govt meets Foxconn, Samsung, Reliance to improve PLI scheme
By Shivangi Acharya NEW DELHI (Reuters) - The Indian government met large global firms such as Foxconn, Samsung Electronics and Reliance Industries to find ways to boost manufacturing in the country w...
Jun 28, 2023
Volkswagen shares recover after EV production cut reports
(Reuters) - Shares in Volkswagen inched higher on Wednesday, recovering slightly from a selloff the day before when the automaker played down reports it will cut EV output in Germany over the next two...
Jun 28, 2023
