Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Australia’s Nitro Software receives $A430 million takeover bid
By Scott Murdoch SYDNEY (Reuters) - Australian investment firm Potentia Capital Management has increased its offer for Nitro Software Ltd to $A1.80 per share, valuing the company at A$430 million, acc...
Oct 27, 2022
Yellen touts U.S. battery investments in election battleground Ohio
By David Lawder CLEVELAND (Reuters) - U.S. Treasury Secretary Janet Yellen hailed the beginnings of a Midwest "Battery Belt" on Thursday as a result of the Biden administration's investments in clean ...
Oct 27, 2022
Wall St loses over $200 billion in value after report from Amazon
By Noel Randewich and Lewis Krauskopf (Reuters) - Over $200 billion in U.S. stock market value went up in smoke in extended trade on Thursday, after a weak forecast from Amazon added to a string of do...
Oct 27, 2022
Weak Amazon outlook another blow to tech-type growth shares
(Reuters) - Amazon.com Inc shares skidded as much as 21% after hours on Thursday after it forecast costs might eviscerate its profit for the current quarter, as early holiday marketing does little to ...
Oct 27, 2022
Apple revenue and profit top Wall Street targets but iPhones light
By Dawn Chmielewski and Nivedita Balu (Reuters) - Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, although iPhone sales were not as strong as some analysts had targe...
Oct 27, 2022
Pinterest shares surge as return to user growth drives revenue beat
(Reuters) -Pinterest Inc beat estimates for quarterly revenue on Thursday, making it a rare bright spot in an otherwise downbeat social media sector and sending the image-sharing platform's shares 15%...
Oct 27, 2022
T-Mobile raises 2022 forecast for wireless subscriber additions again
(Reuters) - T-Mobile US Inc on Thursday raised its annual forecast for monthly bill-paying wireless subscriber additions for the third time this year, after beating estimates for quarterly additions a...
Oct 27, 2022
Amazon’s predicts profit slump during holidays, crushing shares
(Reuters) - Amazon.com Inc on Thursday forecast costs might eviscerate its profit for the current quarter, as early holiday marketing does little to boost sales growth and as labor and delivery expens...
Oct 27, 2022
Intel looks to cut workers to reduce costs, adjusts down forecast
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday cut its 2022 revenue forecast for the second time this year and Chief Executive Pat Gelsinger, asked about potential layo...
Oct 27, 2022
EU wants 40-man antitrust team to enforce new tech rules, official says
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators are looking to establish a 40-man team and hire a technology expert to enforce tough new rules aimed at reining in the powers of Big Tech, ...
Oct 27, 2022
