Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Jack Henry lifts annual profit forecast on robust demand for fintech products
(Reuters) - Fintech firm Jack Henry & Associates on Tuesday raised its full-year profit forecast and reported a near 7% rise in third-quarter profit, helped by a strong performance in its processi...
May 07, 2024
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
By Yuvraj Malik (Reuters) - Ride-hailing company Lyft projected higher-than-expected gross bookings and core profit for the current quarter on Tuesday, driven by robust demand for its services and ben...
May 07, 2024
Arista Networks projects Q2 revenue above estimates
(Reuters) - Arista Networks forecast second-quarter revenue above Wall Street estimates on Tuesday, anticipating higher demand for its cloud networking gear from a boom in artificial intelligence appl...
May 07, 2024
Reddit predicts surprise core profit in second quarter, shares surge
(Reuters) -Reddit predicted that it could post an adjusted core profit in the second quarter on the back of strong user growth and an uptick in the advertising market, sending its shares up more than ...
May 07, 2024
Electronic Arts forecasts lower annual bookings as gamers cut back amid high inflation
(Reuters) - Video game publisher Electronic Arts forecast full-year bookings below Wall Street estimates on Tuesday, hit by weak spending on its flagship titles such as "FC 24" and "Madden NFL 24" ami...
May 07, 2024
Exclusive-Software company BigCommerce explores sale, sources say
By Milana Vinn (Reuters) - BigCommerce, the e-commerce software maker that used to be backed by SoftBank Group, is exploring a sale after attracting takeover interest, people familiar with the matter ...
May 07, 2024
US revokes some export licenses for China's Huawei
WASHINGTON (Reuters) -The U.S. on Tuesday said it revoked some licenses that allow companies to ship goods, such as chips, to the sanctioned Chinese mobile phone and laptop maker Huawei Technologies. ...
May 07, 2024
Microsoft's Xbox shuts multiple studios, consolidates teams in cost-cutting move
(Reuters) - Microsoft's Xbox is shutting down a number of gaming studios including Arkane Austin, making it the latest publisher to shut down studios amid signs of a gaming slowdown. Studios such as "...
May 07, 2024
Motional puts robotaxi deployment on back burner, to focus on technology development
(Reuters) - Self-driving technology company Motional said on Tuesday it would focus on developing its core technology and delay commercial robotaxi deployments, while it lays off staff as part of its ...
May 07, 2024
TikTok, ByteDance sue to block US law seeking sale or ban of app
By David Shepardson WASHINGTON (Reuters) -TikTok and its Chinese parent company ByteDance sued in U.S. federal court on Tuesday seeking to block a law signed by President Joe Biden that would force th...
May 07, 2024
