Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Garmin raises full-year guidance, results beat amid unabated demand
(Reuters) - Garmin raised its full-year profit and revenue forecasts on Wednesday, expecting a slew of launches of wearable products ahead of the holiday season to drive demand further, sending the co...
Oct 30, 2024
Trane Tech lifts full-year forecasts on strong commercial demand for cooling systems
(Reuters) - Trane Technologies raised its full-year profit and revenue forecasts on Wednesday, anticipating strong demand for heating and air-conditioning systems from commercial builders. The company...
Oct 30, 2024
Bankman-Fried's ex-deputy Singh to be sentenced over crypto fraud
By Luc Cohen NEW YORK (Reuters) - Former cryptocurrency executive Nishad Singh is set to be sentenced on Wednesday for his role in his imprisoned former boss Sam Bankman-Fried's theft of about $8 bill...
Oct 30, 2024
AMD shares slump as forecast disappoints AI-focused investors
(Reuters) - Advanced Micro Devices shares fell 8% on Wednesday after the chip company's revenue forecast failed to impress investors looking for a bigger windfall from the AI boom. AMD could lose arou...
Oct 30, 2024
Top Taiwan chip designer MediaTek says geopolitical risks 'difficult' subject
TAIPEI (Reuters) - The chief executive of Taiwan's top chip design company MediaTek said on Wednesday that geopolitical risk is a very difficult subject but they have a strong compliance programme and...
Oct 30, 2024
Chinese automaker Geely steps up challenge to BYD with new hybrid tech
BEIJING (Reuters) - China's Geely Automobile Holdings took the wraps off its latest hybrid technology on Wednesday, boasting some better fuel economy and driving range figures than rival technology fr...
Oct 30, 2024
Google's AI-fuelled gains in cloud bode well for Amazon, Microsoft
By Deborah Mary Sophia (Reuters) - Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI...
Oct 30, 2024
Meta says Malaysia's social media licencing plan lacks clarity, threatens innovation
By Danial Azhar KUALA LUMPUR - A Meta Platforms official on Wednesday criticised Malaysia's plan to require social media platforms to apply for a regulatory licence by January, saying the proposal lac...
Oct 30, 2024
Alphabet shares in Frankfurt rise 1.8% after results
LONDON (Reuters) - Shares of Google parent Alphabet rose 1.8% in Frankfurt on Wednesday a day after the company said its AI investments were "paying off" as its earnings and revenue came in ahead of a...
Oct 30, 2024
Belgium's Melexis sees lower Q4 sales, adjusts FY guidance amid inventory cuts
By Dagmarah Mackos (Reuters) -Belgium's largest semiconductor supplier Melexis forecast fourth-quarter sales below expectations, prompting a slight cut in its full-year outlook as car makers temporari...
Oct 30, 2024
