Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Skyworks Solutions forecasts quarterly results below estimates on weak auto demand
(Reuters) - Apple supplier Skyworks Solutions forecast first-quarter revenue and profit below Wall Street estimates on Tuesday, indicating weak demand from automotive and industrial clients. Shares of...
Thomson Reuters Nov 12, 2024
Apple to announce AI wall tablet as soon as March, Bloomberg News reports
(Reuters) - Apple is planning on launching a wall-mounted display that can control appliances, handle video conferencing and use artificial intelligence to navigate apps, Bloomberg News reported on Tu...
Thomson Reuters Nov 12, 2024
Instacart forecasts weak fourth-quarter on tepid consumer spend
(Reuters) - Instacart on Tuesday forecast current-quarter gross transaction value (GTV) and core profit below estimates, in signs that spending on online grocery and food deliveries could temper in th...
Thomson Reuters Nov 12, 2024
OpenAI co-founder Greg Brockman returns to AI startup, Bloomberg News reports
(Reuters) -OpenAI co-founder Greg Brockman has returned to the artificial intelligence startup three months after taking a leave from his role as president, Bloomberg News reported on Tuesday, citing ...
Thomson Reuters Nov 12, 2024
Spotify forecasts profit above estimates on cost cuts, steady user growth
(Reuters) - Audio-streaming giant Spotify forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost cuts and strong subscriber growth in the crucial holiday season, sendin...
Thomson Reuters Nov 12, 2024
Brazil's StoneCo posts adjusted profit beat in third quarter
SAO PAULO (Reuters) - Brazilian payments firm StoneCo posted on Tuesday a 35% increase in its third-quarter adjusted net profit from a year earlier, beating analysts' estimates. StoneCo, which also ow...
Thomson Reuters Nov 12, 2024
Alphabet's Waymo opens autonomous ride-hailing service to all in Los Angeles
(Reuters) - Alphabet's Waymo said on Tuesday its autonomous ride-hailing service, Waymo One, is now available to everyone in Los Angeles, a sign of rapid growth and adoption of the technology. Waymo h...
Thomson Reuters Nov 12, 2024
ValueAct takes $1 billion stake in Meta, source says
(Reuters) - Hedge fund ValueAct Capital has taken a $1 billion stake in Facebook and Instagram-parent Meta Platforms, a source familiar with the matter said on Tuesday. Meta did not immediately respon...
Thomson Reuters Nov 12, 2024
South African communications minister say smartphone tax talks 'encouraging'
By Nqobile Dludla CAPE TOWN (Reuters) - South Africa's Communications Minister Solly Malatsi said he had held preliminary talks with the Treasury on cutting taxes on smartphones to make them more affo...
Thomson Reuters Nov 12, 2024
Fed's Waller: Stablecoins could bring benefits to financial system
NEW YORK (Reuters) - Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively "synthetic" dollars that can bring benefits to the financial system. Waller said these digital...
Thomson Reuters Nov 12, 2024

