Category Archives: (KFGO The Mighty 790) Technology
F5 results beat estimates as client spending on cloud applications rise
(Reuters) - F5 beat third-quarter revenue and profit estimates on Monday, benefiting from higher customer spending on its cloud-related technology, sending its shares up nearly 9% after the bell. Afte...
Jul 24, 2023
NXP forecasts third quarter above estimates on steady automotive demand
(Reuters) - Chipmaker NXP Semiconductors forecast third-quarter revenue and profit above Wall Street targets on Monday, betting that demand from automakers ramping up production will cushion the hit f...
Jul 24, 2023
Cadence lifts revenue forecast as AI boom boosts chip-design demand
(Reuters) - Cadence Design Systems Inc on Monday raised its full-year revenue forecast slightly above Wall Street estimates, as a surge in artificial intelligence (AI) innovation fueled demand for cus...
Jul 24, 2023
EV charger operator EVCS seeks to raise $125 million to expand network
By Isla Binnie and Abhirup Roy NEW YORK (Reuters) - Electric-vehicle charger operator EVCS is looking to raise $125 million, according to a document seen by Reuters, as it races to expand its network ...
Jul 24, 2023
Adobe’s Figma deal faces full-scale EU antitrust probe, sources say
By Foo Yun Chee (Reuters) - Adobe's $20 billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust investigation following EU regulators' preliminary review, people famili...
Jul 24, 2023
1st Source says 450,000 records affected in client data breach
(Reuters) - Commercial and Consumer bank 1st Source Corp said on Monday a security breach that involved a popular file transfer tool, MOVEit, has impacted about 450,000 records. A third party had gain...
Jul 24, 2023
Google owes $338.7 million in Chromecast patent case, US jury says
By Blake Brittain (Reuters) - Alphabet's Google violated a software developer's patent rights with its remote-streaming technology and must pay $338.7 million in damages, a federal jury in Waco, Texas...
Jul 24, 2023
Applied Digital confident on annual revenue as AI drives up data center demand
(Reuters) - Applied Digital forecast annual revenue above market estimates on Monday, as the rise of artificial intelligence drives up demand for its data center services, sending the company's shares...
Jul 24, 2023
Italian asset manager Azimut targeted by BlackCat hackers
MILAN (Reuters) - Italian asset manager Azimut said on Monday it had suffered a cyberattack that did not harm its customers' sensitive data, and had received a ransom request which it rebuffed. Israel...
Jul 24, 2023
Tesla to discuss factory plan for new $24,000 car with India commerce minister -source
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - Tesla representatives are set to meet India's commerce minister this month to discuss plans to build a factory to produce what the company has desc...
Jul 24, 2023
