Category Archives: (KFGO The Mighty 790) Technology
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) - Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast. Apple Inc, Google parent ...
Syndicated Content Feb 02, 2023
U.S. CFTC traders report delayed by ransomware attack on data firm ION
WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission said on Thursday that as a result of the ransomware attack on ION Trading UK the CFTC's weekly Commitments of Traders report will b...
Syndicated Content Feb 02, 2023
Amazon still grasping for success with supermarkets, CEO says
By Jeffrey Dastin and Tiyashi Datta (Reuters) - Amazon.com Inc, the online retailer long feared to disrupt the grocery sector, believes it has fallen short. The company has paused expansion of its Fre...
Syndicated Content Feb 02, 2023
U.S. prosecutors probe Silvergate’s dealings with FTX, Alameda – Bloomberg News
(Reuters) - U.S. prosecutors in the Justice Department's fraud unit are looking into Silvergate Capital Corp's dealings with bankrupt crypto exchange FTX and Alameda Research, Bloomberg News reported ...
Syndicated Content Feb 02, 2023
Sam Bankman-Fried in talks to resolve bail dispute, lawyer says
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried is in talks with U.S. prosecutors to resolve a dispute over the FTX cryptocurrency exchange founder's bail conditions, his lawyer said on Thursday. ...
Syndicated Content Feb 02, 2023
Apple’s lower iPhone sales drive first profit miss since 2016
By Stephen Nellis (Reuters) -Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by weak iPhone sales after COVID lockdowns in China disrupted production of th...
Syndicated Content Feb 02, 2023
Alphabet misses Street estimates as ad business slips after pandemic run-up
By Greg Bensinger and Nivedita Balu (Reuters) -Alphabet Inc on Thursday fell short of Wall Street's expectations for quarterly profit and revenue as the Google parent's digital ad business struggled w...
Syndicated Content Feb 02, 2023
Qualcomm sees earnings below Street as smartphone market sags
By Chavi Mehta and Jane Lanhee Lee BANGALORE/OAKLAND Calif (Reuters) -Qualcomm Inc forecast second-quarter revenue and profit below Wall Street estimates on Thursday as the company grapples with the c...
Syndicated Content Feb 02, 2023
Amazon’s outlook disappoints as customer budgets stay tight
By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc on Thursday said it may not make a profit in the current quarter as savings from layoffs fail to make up for the financial impact of consu...
Syndicated Content Feb 02, 2023
Google tees up venue clash over U.S. advertising antitrust lawsuit
By Mike Scarcella (Reuters) - Lawyers for Alphabet Inc's Google LLC on Wednesday said they will ask a federal judge in Virginia to move the U.S. Justice Department's antitrust lawsuit to Manhattan fed...
Syndicated Content Feb 02, 2023

