Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)

(Reuters) - Shares of Meta Platforms Inc soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein on costs and a new $40 billion share buyback. Meta...

By Tim Kelly and Yoshifumi Takemoto TOKYO (Reuters) - Japan's state-backed chip venture Rapidus will need about 7 trillion yen ($54 billion) of mostly taxpayer money to begin mass producing advanced l...

WASHINGTON (Reuters) - TikTok, owned by China's ByteDance, should be removed from app stores run by Apple Inc and Alphabet's Google because the short video social media app poses a risk to national se...

SHANGHAI (Reuters) - China's Xiaomi

(Reuters) - Cyber security firm NCC Group said on Thursday it plans to cut more than 125 jobs as part of an ongoing strategic review, while flagging tough market conditions in the second-half period o...

HONG KONG (Reuters) - Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.55 million Hong Kong-listed shares of electric vehicle maker BYD for HK$351.81 million ($44.85 mill...

ZURICH (Reuters) - ABB won't be rushed into the flotation of it 2.6 billion Swiss franc ($2.86 billion) E-Mobility electric vehicle charging business, Bjorn Rosengren said on Thursday after the compan...

BERLIN (Reuters) -Infineon, a leading supplier of microchips to the auto industry, on Thursday bumped up its segment result margin outlook for fiscal 2023 to adjust for currency effects as it came in ...

TOKYO (Reuters) - Japan's Panasonic Corp on Thursday cut its full-year operating profit forecast even as it posted a 16% rise in third-quarter operating profit to 84.4 billion yen ($653 million). Pana...

(Reuters) - German chip equipment supplier Siltronic on Thursday said its sales and core profit reached record highs in 2022, driven price increases and strong U.S. dollar. The provider of silicon waf...