Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Hertz profit falls on higher vehicle maintenance costs
(Reuters) -Hertz Global Holdings Inc on Thursday posted a near 54% drop in its first-quarter profit as the rental car firm spent more on vehicle maintenance. While demand for rental cars remains stron...
Apr 27, 2023
Indonesia’s GoTo reports narrower Q1 loss, expects core profit in Q4
JAKARTA (Reuters) - Indonesia's biggest tech company PT GoTo Gojek Tokopedia Tbk reported a narrower quarterly loss on Thursday and said it expected to swing to a core profit in the fourth quarter, as...
Apr 27, 2023
Facebook-parent Meta soars as AI powers return to growth
By Aditya Soni (Reuters) - Meta Platforms Inc's shares rose 11% on Thursday after the Facebook owner dazzled Wall Street with an earnings report that showed progress towards the "year of efficiency" a...
Apr 27, 2023
Comcast beats revenue estimates as Wall St awaits update on NBCUniversal head
By Helen Coster and Eva Mathews (Reuters) -Comcast Corp's quarterly revenue edged past estimates on Thursday, helped by sustained demand for its broadband services and higher theme park attendance, wh...
Apr 27, 2023
India’s Tech Mahindra Q4 profit drops 26% as clients cut spending
BENGALURU (Reuters) - India's Tech Mahindra reported a drop in fourth-quarter profit on Thursday as challenging macro-economic conditions prompted clients to tighten spending. Consolidated net profit ...
Apr 27, 2023
EU sets out patent rules for smart technology to limit law suits
By Philip Blenkinsop BRUSSELS (Reuters) - The European Commission proposed rules on Thursday to govern patents increasingly in demand for technologies used in smart devices such as drones, connected c...
Apr 27, 2023
Mobileye lowers annual revenue forecast
(Reuters) - Mobileye Global Inc on Thursday lowered its forecast for annual revenue, hurt by increasing competition from start-ups as well as automakers developing their own driver-assistance products...
Apr 27, 2023
India’s Wipro posts dip in Q4 profit
BENGALURU (Reuters) - Indian IT services provider Wipro Ltd on Thursday reported a dip in quarterly profit amid a turbulent macro-economic environment, while the company approved a share buyback. The ...
Apr 27, 2023
Toyota Tsusho fears other countries may follow Chile and curb raw minerals exports
By Yuka Obayashi TOKYO (Reuters) - Japanese trading house Toyota Tsusho Corp is concerned that there may be more moves by countries like Chile to restrict exports of raw minerals such as lithium, its ...
Apr 27, 2023
Russia’s Yandex reports revenue jump, return to Q1 profitability
(Reuters) -Russian tech giant Yandex on Thursday reported a 54% jump in first-quarter revenue to 163.3 billion roubles ($2 billion) and a return to profitability after sliding to a net loss in the sam...
Apr 27, 2023
