Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Google defeats lawsuit over gift card fraud
By Jonathan Stempel (Reuters) - A federal judge dismissed a proposed class action lawsuit accusing Google of illegally profiting from Google Play gift card scams by refusing to refund millions of doll...
Nov 05, 2024
Broadridge Financial profit beats estimates on strength in global technology unit
(Reuters) - Fintech firm Broadridge Financial beat Wall Street estimates for first-quarter profit on Tuesday, helped by resilient demand in its global technology business. WHY IT'S IMPORTANT Broadridg...
Nov 05, 2024
GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
(Reuters) - World's third-largest contract chipmaker, GlobalFoundries , forecast fourth-quarter revenue above Wall Street estimates on Tuesday, driven by recovering semiconductor demand from smartphon...
Nov 05, 2024
Russian court fines Apple for not deleting two podcasts, RIA reports
MOSCOW (Reuters) - A Moscow court on Tuesday fined U.S. technology giant Apple 3.6 million roubles ($36,889) for refusing to remove two podcasts that contained "information aimed at destabilising the ...
Nov 05, 2024
US needs to crack down on Chinese chipmaker SMIC, Republican lawmaker says
By Karen Freifeld (Reuters) - A top Republican lawmaker has accused the Biden administration of not doing enough to prevent China's Semiconductor Manufacturing International Corp (SMIC) from strengthe...
Nov 05, 2024
Gartner raises annual forecasts on steady demand in key research unit
(Reuters) - Research and advisory firm Gartner raised its full-year forecasts for revenue and profit on Tuesday, banking on its ability to retain clients as enterprise spending, especially in the core...
Nov 05, 2024
Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers
By Chris Kirkham (Reuters) - When Reuters reported in April that Tesla had scrapped plans for a long-promised, next-generation $25,000 electric vehicle, the automaker's stock plunged. Chief Executive ...
Nov 05, 2024
DuPont raises full-year profit forecast above estimates on strong AI-tech demand
DuPont de Nemours raised its full-year profit forecast above Street estimates on Tuesday after the industrial materials maker beat third-quarter earnings target on strong demand for electronics and ar...
Nov 05, 2024
Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source
PARIS (Reuters) - Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial s...
Nov 05, 2024
Data analytics firm Palantir jumps as AI boom powers robust software adoption
(Reuters) - Palantir shares jumped over 12% on Tuesday after the data analytics firm raised its annual revenue forecast for the third time, bolstering investor confidence that the artificial intellige...
Nov 05, 2024
