Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
My Big Coin cryptocurrency firm founder gets 8 years in prison for fraud
By Nate Raymond BOSTON (Reuters) - The founder of a defunct cryptocurrency business was sentenced on Tuesday to more than eight years in prison for defrauding investors and customers out of millions o...
Jan 31, 2023
Defense tech firm Mercury Systems announces CFO exit, strategic review
(Reuters) - Mercury Systems Inc on Tuesday announced the exit of finance chief Michael Ruppert and said the defense technology firm had initiated a review of strategic alternatives. The news comes a y...
Jan 31, 2023
Britain’s first crypto regulations to set ‘robust’ standards
By Huw Jones LONDON (Reuters) - Britain's finance ministry plans "robust" regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left millions of people nursing ...
Jan 31, 2023
ChatGPT owner launches ‘imperfect’ tool to detect AI-generated text
By Krystal Hu (Reuters) - OpenAI, the creator of the popular chatbot ChatGTP, has released a software tool to identify text generated by artificial intelligence, the company said in a blog post on Wed...
Jan 31, 2023
Event software firm Cvent Holding explores sale – WSJ
(Reuters) - Cvent Holding Corp is exploring a sale that could value the cloud-based event-software provider at upwards of $4 billion, the Wall Street Journal reported on Tuesday citing people familiar...
Jan 31, 2023
AMD revenue beats targets, Wall St relieved after Intel’s grim outlook
By Chavi Mehta and Jane Lanhee Lee (Reuters) -U.S. chip maker Advanced Micro Devices Inc on Tuesday posted revenue that beat Wall Street targets and said it expected business to improve in the second ...
Jan 31, 2023
Tinder gets swiped left as Match’s forecast disappoints
By Vansh Agarwal and Shreyaa Narayanan (Reuters) -Match Group Inc on Tuesday forecast first-quarter revenue below expectations after Tinder, the face of online dating, became a sore point in 2022 and ...
Jan 31, 2023
Snap swings to quarterly net loss, expects lower Q1 rev; shares fall
By Sheila Dang (Reuters) -Snap Inc on Tuesday said current quarter revenue could decline by as much as 10%, sending its shares down 14% as the company struggles with weak advertising demand. The owner...
Jan 31, 2023
Payments firm PayPal to lay off 7% of its workforce to cut costs
By Manya Saini (Reuters) - PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit by the economic slow...
Jan 31, 2023
U.S. FTC asks judge to pause Meta deal for VR company Within
WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Tuesday asked a judge to put a hold on Meta Platforms Inc's deal to buy virtual reality app maker Within Unlimited while the two sides await ...
Jan 31, 2023
