Category Archives: (KFGO The Mighty 790) Technology
Analysis-For Twitter boss Elon Musk, now comes the hard part
By Sheila Dang (Reuters) - Overspending on Twitter Inc for $44 billion was the easy part. Now, Telsa Inc Chief Executive Elon Musk must prove why he believes that Twitter is worth 10 times that amount...
Syndicated Content Oct 27, 2022
Elon Musk’s Twitter ownership begins with firings, uncertainty
(Corrects typo in headline) By Sheila Dang and Greg Roumeliotis (Reuters) - Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing l...
Syndicated Content Oct 27, 2022
In Europe, consumer businesses like Amazon face holiday reckoning
By Jeffrey Dastin (Reuters) - Amazon.com Inc, the global retailer whose results can represent a bellwether for the e-commerce industry, on Thursday signaled a pain point for sales this holiday season:...
Syndicated Content Oct 27, 2022
Tech giants feel pain as cloud spending cuts suggest slowdown
By Tiyashi Datta, Jane Lanhee Lee and Chavi Mehta (Reuters) - In a further sign that large companies may be girding against an imminent recession, U.S. tech giants Amazon.com, Microsoft and Intel said...
Syndicated Content Oct 27, 2022
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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content Oct 27, 2022
Pinterest revenue growth slows to near two-year low as ad spending dries up
(Reuters) - Pinterest Inc posted its slowest quarterly revenue growth in nearly two years and turned a loss, the latest social media platform to fall victim to a slowdown in advertising spending by co...
Syndicated Content Oct 27, 2022

