Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
US equity funds attract inflows, defying a tech selloff
(Reuters) - U.S. investors continued to pump money into equity funds in the seven days to July 24, shrugging off a technology sector selloff to focus on robust corporate earnings and the possibility o...
Jul 26, 2024
Charter Communications posts fewer broadband subscriber loss, profit beat
(Reuters) - Charter Communications beat Wall Street estimates for quarterly profit and reported fewer-than-expected broadband subscriber losses on Friday, sending its shares up 7% in premarket trading...
Jul 26, 2024
Chinese EV battery maker CATL posts 13.4% jump in second-quarter profit
BEIJING (Reuters) - Chinese electric vehicle battery giant CATL's second-quarter net profit jumped 13.4% year on year, a stock market filing showed on Friday, extending gains for a second straight qua...
Jul 26, 2024
Apollo Funds to acquire IGT's gaming business, Everi in $6.3 billion deal
(Reuters) -Private equity firm Apollo Funds will take International Game Technology's gaming and digital business and Everi Holdings private in a deal valued at $6.3 billion, the lottery and gaming ma...
Jul 26, 2024
ECB's cyber security test shows 'room for improvement' for banks
FRANKFURT (Reuters) - Euro zone banks have "room for improvement" in their cyber security, starting with how they would keep their business running after a hack, the European Central Bank said on Frid...
Jul 26, 2024
US to award Amkor up to $400 million for chip packaging plant
By David Shepardson (Reuters) - The U.S. Commerce Department said on Friday it plans to award Amkor Technology up to $400 million in government grants to help fund the company's planned $2 billion adv...
Jul 26, 2024
Take Five: Scores on the doors for Big Tech
(Reuters) - It's a big week for central banks, with policymakers in the United States, Japan and Britain all due to reconsider lending rates and markets on edge over more earnings from U.S. tech giant...
Jul 26, 2024
SK Hynix to invest $6.8 billion in first chip plant at Yongin, South Korea
SEOUL (Reuters) - The world's second-largest memory chipmaker SK Hynix said on Friday it has decided to invest about 9.4 trillion won ($6.8 billion) in its first chip plant and business facilities at ...
Jul 26, 2024
Chinese firms seek to cut stakes in new Indonesian nickel smelters
By Fransiska Nangoy JAKARTA (Reuters) - Chinese companies are in talks with potential investors to reduce their stakes in Indonesian nickel smelters amid efforts to make their products eligible for U....
Jul 26, 2024
Capgemini expects annual revenue to fall on North America market weakness
(Reuters) -French IT consulting group Capgemini said on Friday it now expects its annual revenue to fall compared with the earlier expectation of at least maintaining stable growth, citing weakness in...
Jul 26, 2024
