Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
FBI searches home of top FTX executive – NYT
(Reuters) - The FBI carried out a search on Thursday morning at the Potomac, Md., home of former FTX executive Ryan Salame, the New York Times reported, citing two people with knowledge of the matter ...
Apr 27, 2023
Snap misses revenue expectations, warns of Q2 decline
By Sheila Dang (Reuters) - Snap Inc on Thursday missed analyst expectations for quarterly revenue as recent changes to its advertising platform hurt demand for ads, and it also warned next quarter cou...
Apr 27, 2023
Pinterest forecasts tepid revenue growth, shares down
(Reuters) -Pinterest Inc forecast second-quarter revenue growth below market estimates on Thursday, as the image-sharing platform grapples with a pullback in advertising spending. Shares of the Califo...
Apr 27, 2023
T-Mobile misses estimates for quarterly revenue, wireless subscriber additions
(Reuters) - Wireless carrier T-Mobile US Inc missed Wall Street estimates for first-quarter revenue and monthly bill-paying phone subscriber additions on Thursday, weighed down by intense competition ...
Apr 27, 2023
Intel forecasts second-quarter revenue above estimates
(Reuters) - Chipmaker Intel Corp forecast second-quarter revenue above Wall Street estimates on Thursday, a sign that chip demand was recovering after a downturn wrought by excess supply and a post-pa...
Apr 27, 2023
Amazon revenue beats on stable online demand, cloud strength
(Reuters) -Amazon.com Inc's first-quarter revenue beat estimates on Thursday, helped by resilient demand for online shopping and cloud services businesses, sending its shares up about 9% in extended t...
Apr 27, 2023
Meta merges ad and business messaging product groups – The Information
(Reuters) - Meta Platforms has merged its advertising product, business messaging and commerce departments into one division, The Information reported on Thursday, citing an internal message by compan...
Apr 27, 2023
Triller to pay Sony Music $4.5 million in US music rights case
By Blake Brittain (Reuters) - TikTok rival Triller Inc has agreed to pay Sony Music Entertainment more than $4.5 million to resolve claims that Triller breached an agreement covering its use of musici...
Apr 27, 2023
As U.S. megacaps soar, some investors are wary of rising valuations
By Lewis Krauskopf NEW YORK (Reuters) - Some market participants are warning that the U.S. market's biggest tech and growth stocks may be getting too expensive, even as better-than-expected earnings r...
Apr 27, 2023
White House’s Sullivan: US not looking to decouple from China economy
WASHINGTON (Reuters) - White House national security adviser Jake Sullivan said on Thursday the United States is not looking to decouple its economy from the Chinese economy, saying, "We're not cuttin...
Apr 27, 2023
