Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
China's JD.com misses quarterly revenue estimates amid weak consumer spending
(Reuters) - Chinese e-commerce group JD.com missed market estimates for quarterly revenue on Thursday, as persistent economic woes pressured consumers to cut back on spending. A prolonged property sec...
Thomson Reuters Nov 14, 2024
Uber rival Bolt's annual revenue hits 2 billion euros
(Reuters) - Estonian ride-hailing and food delivery startup Bolt said on Thursday it had hit 2 billion euros ($2.11 billion) in annual revenue, as the European rival of U.S.-based Uber grows its globa...
Thomson Reuters Nov 14, 2024
Crypto market capitalisation hits record $3.2 trillion, CoinGecko says
SINGAPORE (Reuters) - The value of the cryptocurrency market has topped $3 trillion and is in uncharted territory as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. re...
Thomson Reuters Nov 14, 2024
ASML says its revenue to grow to between $46 billion and $63 billion by 2030
AMSTERDAM (Reuters) - Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an a...
Thomson Reuters Nov 14, 2024
Apple supplier Foxconn's Q3 profit rises 14%, beats forecasts
TAIPEI (Reuters) - Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract electronic...
Thomson Reuters Nov 14, 2024
Swedish games developer Embracer misses Q2 operating profit forecast
By Jesus Calero (Reuters) - Swedish games developer Embracer on Thursday posted a bigger-than-expected drop in second-quarter operating profit driven by game release delays in a seasonally softer quar...
Thomson Reuters Nov 14, 2024
Siemens flags geopolitical risks ahead after profit falls
ZURICH (Reuters) -Siemens reported a drop in profit at its industrial business on Thursday and lowered its sales target for next year, citing geopolitical risks like trade conflicts and weak consumer ...
Thomson Reuters Nov 14, 2024
France's Thales sees revenue and profit growth after cyber expansion
By Sudip Kar-Gupta PARIS (Reuters) - Defence and technology firm Thales unveiled new four-year targets on Thursday, predicting more than 25 billion euros ($26.34 billion) of revenues by 2028 as it rea...
Thomson Reuters Nov 14, 2024
Poland's Allegro sees earnings growing 4-7% at home in Q4
(Reuters) - Poland's biggest e-commerce platform Allegro expects its earnings to rise 4-7% at home in the fourth quarter, it said on Thursday after its third-quarter core profit met expectations. Alle...
Thomson Reuters Nov 13, 2024
Indonesia's Indosat, GoTo launch local-language AI model
JAKARTA (Reuters) - Indonesia's telecommunication company Indosat Ooredoo Hutchison and its biggest tech company GoTo Gojek Tokopedia launched on Thursday the development of Sahabat-AI, a large langua...
Thomson Reuters Nov 13, 2024

