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

(Reuters) - Online furniture retailer Wayfair Inc is preparing to lay off over 1,000 workers, or more than 5% of its workforce, the Wall Street Journal reported on Thursday, citing people familiar wit...

(Reuters) - Consumer lending firm Capital One Financial Corp has cut 1,100 positions in its technology segment, a person familiar with the matter told Reuters on Thursday, a move that comes as its dig...

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) - Netflix Inc co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming servic...

By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) - Top advertisers on Twitter slashed their spending after Elon Musk's takeover, according to estimates compiled for Reuters by research fi...

(Reuters) - Bankrupt crypto exchange FTX is looking into the possibility of reviving its business, Chief Executive Officer John Ray told the Wall Street Journal on Thursday. Ray, who took over the rei...

By Supantha Mukherjee STOCKHOLM (Reuters) - Chinese social media company TikTok could face a ban in the European Union if it does not step up efforts to comply with EU legislation before September, th...

(Reuters) - Israeli gaming firm Playtika Holding Corp said on Thursday it offered to buy Finnish game maker Rovio, best known for its "Angry Birds" franchise, for 683 million euros ($683 million) in a...

By Paul Lienert and Joseph White DETROIT (Reuters) - Tesla Inc earns more money for every vehicle it sells than any of its global rivals. Now, Chief Executive Elon Musk is using that superior profitab...

By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) - Startups in India cheered a decision by the Supreme Court on Thursday to uphold an antitrust order that forces Google to change how it runs i...

DAVOS, Switzerland (Reuters) - Generative artificial intelligence, the umbrella technology behind the popular chatbot ChatGPT, has interesting applications for social media, the chief product officer ...