Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Advance Auto eyes record daily percentage drop after forecast cut
(Corrects day in the first paragraph to Wednesday from Thursday) NEW YORK (Reuters) -Advance Auto Parts' stock was on track for its biggest daily percentage drop since the company went public in 2001 ...
May 31, 2023
US proposes requiring automatic emergency braking in new vehicles
WASHINGTON (Reuters) - The Biden administration on Wednesday proposed requiring automatic emergency braking on all new passenger cars and light trucks and set new performance requirements. The new req...
May 31, 2023
Intel shares jump as chipmaker sees second-quarter revenue at upper end of outlook
(Reuters) - Shares of Intel Corp rose about 5% after the chipmaker's finance chief said on Wednesday that the company is on track to hit the upper end of its second-quarter revenue forecast. Semicondu...
May 31, 2023
Ford CEO says EV cost parity may not come until after 2030
By Shivansh Tiwary and Paul Lienert (Reuters) - Electric vehicles may not reach cost parity with internal combustion engine vehicles until after 2030, Ford Chief Executive Jim Farley said on Wednesday...
May 31, 2023
Dutch gov’t introduces ‘investment screening’ for sensitive tech
By Toby Sterling AMSTERDAM (Reuters) - A Dutch law giving the government power to review foreign technology investments and block takeovers on national security grounds is set to go into effect this w...
May 31, 2023
EU’s Vestager sees draft code of conduct on AI within weeks
LULEA, Sweden (Reuters) - European Union tech chief Margrethe Vestager said she believed a draft voluntary code of conduct for generative AI could be drawn up "within the next weeks", with a final pro...
May 31, 2023
HP Enterprise shares fall as dull forecast fuels fears of slowing demand
By Samrhitha A (Reuters) - Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster revenue forecast fanned worries of a slowdown in cloud spending this year. The c...
May 31, 2023
German family-owned Schmid Group aims for SPAC listing on NYSE
By Emma-Victoria Farr FRANKFURT (Reuters) - Germany's Schmid Group, a technology firm specialising in electronics, said on Wednesday it plans to list in New York via a special purpose acquisition comp...
May 31, 2023
Canada to set up cyber security certification for defence contractors – minister
OTTAWA (Reuters) -Canada will work with the United States to draft a cyber security certification framework for defence contractors that will be identical for both countries as incidents of malicious ...
May 31, 2023
AI boom triples valuation of Lightmatter, US startup using light for computing
By Jane Lanhee Lee OAKLAND, California (Reuters) - Lightmatter, a Boston-based startup using light for AI computing, said on Wednesday it raised $154 million and tripled its valuation as customers in ...
May 31, 2023
