Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
AI companies ask U.S. court to dismiss artists’ copyright lawsuit
By Blake Brittain (Reuters) - Stability AI, Midjourney, and DeviantArt fired back Tuesday at a group of artists who accused them of committing mass copyright infringement by using the artists' work in...
Apr 19, 2023
Software firm F5 to lay off 9% staff, trims fiscal revenue guidance
(Corrects syntax in headline) (Reuters) - Cloud and security services firm F5 Inc said on Wednesday it was reducing its workforce by 9% and cutting bonuses of senior executives to bring down costs. Th...
Apr 19, 2023
Exclusive-Seagate settles with U.S. for shipping $1.1 billion of hard drives to Huawei
By Karen Freifeld Reuters) - Seagate Technology Holdings has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to Chin...
Apr 19, 2023
Lam Research forecasts lower quarterly revenue as China export curbs weigh
(Reuters) - Chip-making equipment supplier Lam Research Corp forecast lesser-than-expected June-quarter revenue on Wednesday, as U.S. restrictions on sale of certain technology to China and weakness i...
Apr 19, 2023
Tesla settles with engineer accused of taking AI trade secrets
By Blake Brittain (Reuters) - Tesla Inc has settled a lawsuit against one of its former engineer, Alexander Yatskov, whom it accused of stealing trade secrets related to its AI-training supercomputer ...
Apr 19, 2023
IBM misses first-quarter revenue estimates as corporate IT spending shrinks
By Chavi Mehta (Reuters) - IBM Corp missed Wall Street expectations for first-quarter revenue on Wednesday, hurt by shrinking corporate spending on IT services and a strong dollar. The IT industry is ...
Apr 19, 2023
Tesla reports quarterly margin below estimates
(Reuters) -Tesla Inc missed market estimates for first-quarter total gross margin on Wednesday, throttled by a series of aggressive price cuts meant to spur demand in a sagging economy and fend off ri...
Apr 19, 2023
Tech protectionism would risk new Dark Age, says UK’s Hunt
LONDON (Reuters) - British finance minister Jeremy Hunt said on Wednesday that Western countries and their allies should avoid the temptation to put up protectionist trade barriers in an attempt to ga...
Apr 19, 2023
Amazon must face driver’s spying claims in US court
By Daniel Wiessner (Reuters) - Amazon.com Inc must face a proposed U.S. nationwide class action accusing the company of illegally monitoring private Facebook groups that delivery drivers used to discu...
Apr 19, 2023
Profit for Tesla short sellers rises in April -S3 Partners
By Caroline Valetkevitch NEW YORK (Reuters) -Tesla Inc short sellers have $2.16 billion in mark-to-market profits for April so far, but shorts remain down $5.52 billion for the year so far in mark-to-...
Apr 19, 2023
