Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Ubisoft shares slump 19% after French video game maker cuts revenue guidance
PARIS (Reuters) - Shares in Ubisoft fell 19% on Thursday after the French video game maker warned of lower-than-expected revenue and postponed the release of its game "Skull and Bones", prompting some...
Syndicated Content Jan 12, 2023
ASOS revenue down 3% in key Christmas period
LONDON (Reuters) -Online fashion retailer ASOS reported a 3% fall in revenue over the four months to the end of December, hurt by weaker demand and delivery disruption in its biggest market Britain an...
Syndicated Content Jan 12, 2023
Logitech announces preliminary third quarter fiscal year 2023 results
ZURICH (Reuters) - Logitech announced on Thursday that its preliminary net sales for the third quarter are between $1.26 billion and $1.27 billion, down 22% compared with the same quarter a year earli...
Syndicated Content Jan 12, 2023
Airlines expect U.S. operations to rebound on Thursday as FAA investigates outage
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) - U.S. airlines said they expect operations to return to normal on Thursday as the Federal Aviation Administration (FAA) scrambl...
Syndicated Content Jan 12, 2023
TSMC Q4 profit up 78%, beats market expectations
TAIPEI (Reuters) - Taiwanese chipmaker TSMC posted a 78% rise in fourth-quarter net profit on Thursday, as strong sales of advanced chips helped it defy a broader industry downturn that battered cheap...
Syndicated Content Jan 11, 2023
FAA has struggled to modernize computer, air traffic operations
By David Shepardson WASHINGTON (Reuters) - The breakdown of a key computer system, which resulted in the suspension of U.S. flight departures on Wednesday, is not the first such issue to hinder Federa...
Syndicated Content Jan 11, 2023
Saudi Arabia’s wealth fund raises Nintendo stake to 6%
TOKYO (Reuters) - Saudi Arabia's Public Investment Fund (PIF) has increased its stake in Japan's Nintendo Co Ltd to 6%, a filing showed on Thursday, reflecting the sovereign wealth fund's growing expo...
Syndicated Content Jan 11, 2023
Stripe cuts internal valuation by 11% – The Information
(Reuters) - Digital payments firm Stripe has cut the internal value of its shares by about 11%, implying a valuation of $63 billion, the Information reported on Wednesday. It's at least the third time...
Syndicated Content Jan 11, 2023
Lucid beats lawsuit claiming it defrauded SPAC investors about production outlook
By Jonathan Stempel (Reuters) - Lucid Group Inc on Wednesday won the dismissal of a lawsuit accusing the luxury electric car maker of defrauding investors in the special-purpose acquisition company th...
Syndicated Content Jan 11, 2023
Tesla investors argue Musk can receive fair ‘funding secured’ trial in San Francisco
By Tom Hals (Reuters) - A lawsuit alleging Elon Musk manipulated Tesla Inc's stock in 2018 should go to trial next week and he will be able to find unbiased jurors in San Francisco, despite local anim...
Syndicated Content Jan 11, 2023


