Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Cognizant’s $570 million trade-secret case win against Syntel thrown out on appeal
By Blake Brittain (Reuters) - A U.S. appeals court on Thursday vacated a $570 million award Cognizant Technology Solutions Corp had won against rival software provider Atos SE's Syntel Inc for theft o...
May 25, 2023
Autodesk’s quarterly revenue rises 8% on higher customer signups
(Reuters) - Design software maker Autodesk Inc posted an 8% increase in first-quarter revenue on Thursday as customer signups rose. The company, whose AutoCAD software is used by construction, enginee...
May 25, 2023
OpenAI offers $100,000 grants for ideas on AI governance
By Greg Bensinger (Reuters) -OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million for experiments in de...
May 25, 2023
Ford strikes deal with Tesla to gain access to rival charging stations in 2024
By Hyunjoo Jin and David Shepardson (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers in No...
May 25, 2023
Brazil’s PagSeguro posts $74 million quarterly profit, beats forecast
SAO PAULO (Reuters) - Brazilian financial technology firm PagSeguro Digital on Thursday posted a better-than-expected 6% increase in its first-quarter profit, which the company said was boosted by pay...
May 25, 2023
Chipmaker Marvell Technology beats revenue estimates on AI boom
(Reuters) -Marvell Technology Inc surpassed Wall Street targets for first-quarter revenue on Thursday, helped by demand for its chips that support artificial intelligence (AI) technology. Shares of th...
May 25, 2023
German authorities looking into possible data protection violations by Tesla -newspaper
BERLIN (Reuters) - German authorities have serious indications of possible data protection violations by Tesla, Handelsblatt newspaper reported on Thursday, citing the data protection office in the st...
May 25, 2023
Factbox-What is Volt Typhoon, the alleged China-backed hacking group?
By Raphael Satter and James Pearson (Reuters) - Its name is redolent of an exotic electrical storm. But is the freshly christened hacking group "Volt Typhoon" an imminent danger to American infrastruc...
May 25, 2023
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) - Nvidia Corp closed in on a trillion-dollar market value on Thursday as shares surged 25% following a bumper earnings report that forced Wall Street to reassess the potential windfall for t...
May 25, 2023
Semiconductor index surges with Nvidia leading race to AI “gold rush”
By Sinad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) - The Philadelphia semiconductor index hit its highest level in more than a year on Friday and eyed its biggest one-day percentage ga...
May 25, 2023
