Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
South Korea prosecutors indict Kakao group founder on stock manipulation charges, Yonhap reports
SEOUL (Reuters) - South Korean prosecutors indicted on Thursday Kim Beom-su, the billionaire founder of tech giant Kakao Corp who is also known as Brian Kim, on charges of stock market manipulation, t...
Thomson Reuters Aug 07, 2024
Ripple ordered to pay $125 million in penalty for improperly selling XRP tokens
(Reuters) - Ripple Labs has been ordered by a Manhattan court judge to pay the U.S. Securities and Exchange Commission about $125 million in penalties over charges of improperly selling the cryptocurr...
Thomson Reuters Aug 07, 2024
China's drivers fret as robotaxis pick up pace - and passengers
By Sarah Wu and Ethan Wang WUHAN (Reuters) - Liu Yi is among China's 7 million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed ...
Thomson Reuters Aug 07, 2024
Bumble forecasts third-quarter revenue below estimates, shares drop 25%
(Reuters) -Bumble forecast third-quarter revenue below Wall Street estimates on Wednesday, signaling sluggish discretionary spending by users on its dating apps. Shares of the Austin, Texas-based comp...
Thomson Reuters Aug 07, 2024
Equinix raises annual adjusted core earnings forecast on strong data center demand
(Reuters) - Equinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intel...
Thomson Reuters Aug 07, 2024
Robinhood's Q2 revenue surges on strong trading in stocks, crypto
(Reuters) -Robinhood reported a surge in second-quarter revenue, boosted by strong trading in equities and cryptocurrencies, sending shares up 2% after the bell. The online commission-free brokerage r...
Thomson Reuters Aug 07, 2024
Warner Bros Discovery misses quarterly revenue estimates on studio slump
(Reuters) -Warner Bros Discovery recorded a $9.1 billion goodwill impairment charge and missed Wall Street expectations for quarterly revenue on Wednesday, hurt by a studio slump, sending its shares l...
Thomson Reuters Aug 07, 2024
Intel is sued by shareholders alleging securities fraud
(Reuters) - Intel was sued on Wednesday by shareholders who said it fraudulently concealed problems that led to weak second-quarter results, and prompted the Silicon Valley chipmaker to suspend its di...
Thomson Reuters Aug 07, 2024
Lumen Technologies shares extend AI-fueled surge after rosy cash-flow outlook
NEW YORK (Reuters) - Shares of Lumen Technologies surged 30% on Wednesday, extending gains from the previous session, after the telecommunications company boosted its annual free-cash-flow forecast du...
Thomson Reuters Aug 07, 2024
Disney may have to pay $5 billion more for Comcast's Hulu stake
By Anirban Sen (Reuters) - Walt Disney said on Wednesday it may have to pay up to $5 billion more to buy Comcast's minority stake in Hulu, if an appraiser were to agree with Comcast's assessment that ...
Thomson Reuters Aug 07, 2024

