Category Archives: (Midwest Communications, Inc. Syndication Interface) Technology News (Master Feed)
Corning forecasts second-quarter core sales above estimates on steady carrier spending
(Reuters) - Specialty glass maker Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, banking on price increases and healthy demand for its fiber optic cables amid re...
Apr 30, 2024
Google to pay up to $6 million to News Corp for new AI-content, The Information reports
(Reuters) - Alphabet's Google has agreed to pay News Corp, the owner of Wall Street Journal, between $5 million and $6 million annually to develop new AI-related content, the Information reported on T...
Apr 30, 2024
Zebra Technologies first-quarter results beat estimates
(Reuters) - Barcode scanner maker Zebra Technologies beat first-quarter revenue and profit estimates on Tuesday and forecast a smaller-than-expected decline in second-quarter sales on the back of stab...
Apr 30, 2024
American Tower Corp raises annual revenue forecast on healthy telecom spending
(Reuters) - American Tower raised its forecast for annual property revenue on Tuesday as the real estate investment trust benefits from healthy telecom and wireless carrier spending. Telecom companies...
Apr 30, 2024
SiriusXM beats quarterly revenue estimates on advertising demand
(Reuters) - Satellite-radio company SiriusXM beat analysts' expectations for quarterly revenue on Tuesday, helped by demand for its advertising services and lower-priced offerings. SiriusXM has steppe...
Apr 30, 2024
PayPal lifts 2024 profit forecast as spending stays resilient, margins improve
(Reuters) - PayPal raised its full-year adjusted profit forecast on Tuesday, as the payments giant benefited from robust consumer spending, while measures to cut costs improved operating margins in th...
Apr 30, 2024
Logitech CEO aiming to double target market for peripherals
LAUSANNE, Switzerland (Reuters) - Logitech International wants to increase sales in future by making more products for people who work outside offices as well as gamers who play on consoles and mobile...
Apr 30, 2024
Meta defends its risk mitigating process amid EU probe
BRUSSELS (Reuters) - Meta on Tuesday defended its risk mitigating process after the European Commission launched an investigation into its Facebook and Instagram for failing to tackle deceptive advert...
Apr 30, 2024
Huawei Technologies' first-quarter net profit surges 564% y/y
BEIJING (Reuters) - Huawei Technologies posted a first-quarter net profit of 19.65 billion yuan ($2.71 billion) on revenue of 178.45 billion, a filing showed on Tuesday. Its net profit surged by 564% ...
Apr 30, 2024
Gartner raises annual profit forecast on steady demand for IT services
(Reuters) - Information technology consultant Gartner beat first-quarter profit and raised its annual earnings forecast on Tuesday, as it expects to benefit from steady demand for its research and con...
Apr 30, 2024
